Why These Energy Stocks are Gaining This Week

8. Leishen Energy Holding Co., Ltd. (NASDAQ:LSE)

Share Price Gains Between Mar. 17 – Mar. 24: 11.11%

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) is deeply engaged in the oil and gas industry, and its business covers four major sectors: high-end equipment manufacturing, engineering and technical services, oilfield digital information and integration, and new energy.

Investors have expressed confidence in Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) after the news that the Chinese government issued a guideline on promoting the high-quality development of renewable energy and the green electricity certificate (GEC) market. The move is expected to improve the market competitiveness of China’s clean energy and significantly expand the relevant market’s trading scale, which could have huge benefits for companies like Leishen.