It would be good if they could get their patents confirmed for China.
"There was little excitement in the air when China's State Council convened a press conference on March 15 to announce and explain 83 revisions to the annual Government Work Report. A few equity investors paid attention anyway. Among the revisions was a proposal to promote the development and construction of fueling stations for hydrogen fuel-cell cars. It was a Friday, and too late to trade on the news. On Monday, Chinese punters were ready: In the first few minutes of trading, fuel cell-related stocks gained more than $4 billion in market value, with several hitting their daily limits.
The bullishness lasted all week. It's likely to run for much longer. In less than a decade, the Chinese government has used subsidies and other policies to create the world's largest market for battery-powered electric vehicles. That market isn't without problems and limits, so the government is looking to diversify its bets on carbon-free transportation. Fuel cells, a technology that's being hotly pursued in other East Asian countries (as well as the U.S.), is their favored means of doing it. Chinese investors, having seen the opportunities created by the support for battery-electric vehicles, are right to get in early."
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