(ShareCast News) - Shares in China New Energy Limited (CNE) were sent soaring on Friday by news that it is poised to join a 120m-litre cassava-to-bioethanol plant in Zimbabwe with its regional partner Sunbird Bioenergy. Sunbird, CNE's sub-Sahara-focused biofuel partner, has signed an agreement with
Read moreInvestment company China New Energy narrowed its pre-tax loss last year, as it focused on emerging markets. The AIM-listed firm reduced its loss before tax by about 86% from RMB59.2m to RMB8.45m for the year ended 31 December 2014. China New Energy posted a basic loss per share of 0.242p, red
Read moreShares in China New Energy (CNE) leapt on Monday after the engineering and technology firm acquired a 24% stake in Visontai's bioenthanol project in Hungary for €0.25m. The firm has exercised its right to subscribe for the stake, which it holds as part of its supplementary contractual arrangements w
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