reconstruction generating additional business
reconstruction work underway in many provinces hit hard by the nation's worst winter in 50 years is generating additional business in a range of industries, with stock and metals prices rising along with increased demand.
at the top of the list are power equipment makers. rebuilding the damaged power grid in snow-ravaged regions is increasing needs for equipment used for power transmission.
shao yukai, an industry analyst at industrial securities in shanghai, says "a sharp increase in demand for power equipment will generate more than expected profits for listed companies."
domestic building suppliers are also increasing output of cement and steel to provide needed materials.
stocks for listed companies show that demand and production is high. anhui conch cement co rose an aggregate 8.7 percent to 67.43 yuan ($9.48) per share, while hunan h