00836 CHINA RES POWER
- 23.550
- -0.450-1.88%
CHINA RES POWER News
Stock market anomaly | Huadian Power International Corporation (01071) rises nearly 5%, leading electric power stocks. High temperatures in many areas have led to rising power demand, increasing profitability expectations for thermal power plants.
Electrical utilities continue to rise, as of press time, Huadian Power International (01071) rose 4.72%, to HKD 5.54; Huaneng Power International (01071) rose 4.54%, to HKD 5.53; Datang International Power Generation (00991) rose 3.45%, to HKD 1.8.
Electric power stocks rise against the market, with China Longyuan (00916) up 4.64%. Everbright Securities indicates that AI applications improve electricity consumption and equipment demand with strong sustainability.
Jinwu Finance News | Electric power stocks rose against the market, with China Longyuan Power Group Ltd (00916) up 4.64%, China Power International Development Ltd (01071) up 4.35%, China Huaneng Group Co Ltd (00902) up 4.31%, Datang International Power Generation Co Ltd (00991) up 3.45%, CGN New Energy Holdings Co Ltd (01811) up 3.44%, and China Resources Power Holdings Co Ltd (00836) up 2.92%. Everbright Securities released a research report saying it is bullish on power distribution network and its digitalization, electrical equipment export, ultra high pressure and main network links. 1) Power distribution network and its digitalization: power distribution network is a relatively weak link in China's power system. Currently, China's power distribution network is
Hong Kong stock concept tracking | China Meteorological Administration has issued high temperature warnings for 8 consecutive days, and the electrical utilities industry is worth paying attention to during the peak summer season (with a list of relevant c
Tianfeng Securities previously pointed out that by comparing the excess returns of various concept indices and the sse composite index in the summer, and taking into account the tight electricity consumption in the summer, it is expected that power supply security, flexible load side regulation may be a worth watching track for the electrical utilities industry.
Stocks in the electric power sector rose across the board in the Hong Kong stock market, with an expected increase in electricity consumption during the summer. Under the new electricity market, the valuation of thermal power is expected to be reshaped.
According to the Zhitong Finance APP, electric power stocks are generally rising, as of press time, CGN Power (01816) rose 3.68% to HKD 3.88; China Power (02380) rose 3.23% to HKD 3.84; China Resources Power (00836) rose 2.16% to HKD 23.65; Huadian Power International Corporation (01071) rose 1.18% to HKD 5.15. In terms of news, the National Energy Administration recently issued a notice on guaranteeing the consumption of new energy and promoting high-quality development of new energy. The notice clarifies the full play of the electricity market mechanism in promoting the construction of a new power system.
Electrical utilities stocks are collectively rising, CGN Power (01816) has risen by 3.99%. Institutions point out that the decline in electricity production costs is advantageous for the profit performance of mainland electrical utilities companies.
Jingu News | Electrical utilities stocks rose collectively, CGN Power (01816) up 3.99%, China Longyuan (00916) up 3.98%, China Resources Power (00836) up 3.67%, China Power (02380) up 2.96%, Datang International Power Generation (00991) up 2.92%, Xinyi Energy (03868) up 2.65%. In terms of news, ICBC Asia pointed out that as the electricity demand in the mainland continues to increase at different levels, coupled with the increase in the use of electricity due to the development of new technologies, it will benefit the income of electricity companies. At the same time, with the decline in the production cost of electricity, it is expected to be beneficial.
Here's What To Make Of China Resources Power Holdings' (HKG:836) Decelerating Rates Of Return
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside th
Hong Kong stock market anomaly | Huadian Power International Corporation (01071) rose more than 4%, leading the rise in electric power stocks. High power plant inventory makes it difficult for coal prices to rise, with the prospect of continued improvemen
According to the news from Zhitong Finance and Economics APP, electric power stocks continued to rise in early trading. Huadian Power International Corporation (01071) rose by 4.05%, reporting 5.14 Hong Kong dollars; Huaneng Power International, Inc. (00902) rose by 3.76%, reporting 5.52 Hong Kong dollars; Datang International Power Generation (00991) rose by 3.76%, reporting 5.52 Hong Kong dollars; China Res Power (00836) rose by 2.76%, reporting 23.7 Hong Kong dollars. Haitong Securities believes that the current power reform and low-carbon transformation are mutually driven, and the core difficulty faced by the system is still the consumption of new energy. The capacity and auxiliary service difficulties facing the power system are mainly solved by thermal power. Currently, power plant inventory.
Electric power stocks have risen across the board, with Huaian International Power (01071) rising 3.64%. Institutions point out that the electricity spot market will be a key solution for the characteristics of new energy generation.
Jingu Finance News | Electric power stocks have risen across the board. As of press time, Huadian International Electric (01071) was up 3.64%, Huaneng International Electric (00902) was up 3.38%, Datang International Power Generation (00991) was up 2.98%, China Power (02380) was up 2.34%, and China Resources Power (00836) was up 2.33%. Citic Securities stated that on June 4, 2024, the National Energy Administration issued the "Notice on Doing a Good Job in the Consumption of New Energy and Ensuring the High-Quality Development of New Energy", which addresses the coordination of Web-based development, enhancement of regulation capacity, allocation of power grid resources, and optimization of new energy utilization targets.
Hong Kong stock market anomaly: electric power stocks continue to rise, with a month-on-month decrease in Jiangsu's electricity price in June. Institutions say there is no need to worry excessively about the profit-making ability of coal-fired power plant
Electric power stocks continue to rise. As of the time of writing, Huadian Power International (01071) rose 4.48% to HKD 4.9, Huaneng Power International, Inc. (00902) rose 2.69% to HKD 5.34, China Res Power (00836) rose 1.97% to HKD 23.25, and Datang International Power Generation (00991) rose 1.84% to HKD 1.66.
CHINA RES POWER To Go Ex-Dividend On June 7th, 2024 With 0.587 HKD Dividend Per Share
June 5th - $CHINA RES POWER(00836.HK)$ is trading ex-dividend on June 7th, 2024. Shareholders of record on June 11th, 2024 will receive 0.587 HKD dividend per share on July 22nd, 2024. The ex-divi
Changes in Hong Kong stocks | Power stocks collectively rise, energy saving and carbon reduction action plan released, Citi says it is beneficial to the clean energy industry
Power stocks rose collectively. As of press release, CGN Power (01816) rose 4.01% to HK$3.11; Datang New Energy (01798) rose 3.17% to HK$1.95; China Resources Power (00836) rose 2.26% to HK$22.65; and China Electric Power (02380) rose 1.36% to HK$3.73.
What is the impact of the 2024 “energy saving and carbon reduction” plan on the power industry?
On May 29, the State Council issued the “2024-2025 Energy Conservation and Carbon Reduction Action Plan” (hereinafter referred to as the “Plan”), which mentions ten major plans relating to increasing the scale of non-petrochemical energy consumption, energy saving and carbon reduction in the steel industry, and liberalizing new energy utilization standards, and gives instructions on the direction of energy saving and carbon reduction restrictions for the next two years. Since the “double carbon” target was proposed in 2021, the green power energy saving industry has faced many challenges that have exceeded expectations. The consumption capacity of new energy sources and bottlenecks in the energy storage sector have always plagued the target progress of energy saving and carbon reduction, making the upcoming “expiration” 14th Five-Year carbon reduction target more difficult. The “Plan” introduced this time focuses on
Hong Kong Stock Concept Tracking | The State Grid promotes the construction of a unified national electricity market and benefits leading enterprises in the deep-water area of electricity reform (with concept stocks)
“Qiushi” magazine published on June 1 published an article by Zhang Zhigang, Chairman of the State Grid Corporation, “New Energy Security Strategies Lead the High-Quality Development of the Electric Power Industry”. Among them, it is proposed that a unified, open, competitive and orderly electricity market system is an important foundation for achieving optimal allocation of electricity resources. The State Grid will help the development of new elements and new business formats, continuously improve the level of management services, and promote the improvement of the electricity price formation mechanism. Strengthen research on entry standards for new business formats such as wind, water and fire storage, source network and cargo storage integration, etc., to promote multi-energy complementarity. Improve new energy, distributed power supplies, virtual power plants, and user side storage
[Special Offer V] Deng Shengxing: Oil Group agreed to cut production until the end of 2025, oil prices will remain high
Jinwu Financial News | The Hang Seng Index closed at 18079 on Friday (31st), down 150 points or 0.83%. The daily turnover was 191,751 billion yuan. The national index closed down 1.1% to 6392. The index fell 1.65% to 3690. Tencent (00700) fell 2.2% to 359.8 yuan, with the highest turnover of 14.675 billion yuan. Meituan (03690) added 3.5% to report 105.1 yuan. China Mobile (00941) increased 2.5%, making it the blue-chip with the best full-day performance. After rising for four days, Ali Health (00241) plummeted 8.6%, making it the worst performing blue chip. Dow Friday (3
Huatai Securities: Optimistic about carbon reduction and transformation or speeding up the concentration of building materials
The bank believes that the release of this action plan is expected to strengthen the regulation of production capacity in the building materials industry, promote the implementation of energy-saving transformation in the building materials and construction industry, and accelerate the integration of photovoltaics in buildings and the construction of large scenic bases. It is recommended to focus on companies related to cement, engineering transformation, and power engineering.
CHINA RES PWR HLDG To Go Ex-Dividend On June 11th, 2024 With 1.12747 USD Dividend Per Share
May 31st - $CHINA RES PWR HLDG(CRPJY.US)$ is trading ex-dividend on June 11th, 2024. Shareholders of record on June 11th, 2024 will receive 1.12747 USD dividend per share on August 6th, 2024. The
Citigroup: China's energy saving and carbon reduction targets benefit clean energy stocks such as China Resources Electric Power and Goldwind Technology
Citi released a research report saying that China's newly released action plan for energy saving and carbon reduction is generally higher than the number completed last year, and details on how to implement it are given, showing that clean energy is a priority for the government, which may benefit individual stocks related to the clean energy industry. China issued a 2024-25 energy saving and carbon reduction action plan, which plans to reduce carbon dioxide emissions by 3.9% this year. The bank pointed out that beneficiaries include grid equipment companies Pinggao Electric (600312.SH) and Siyuan Electric (002028.SZ); clean energy power generation companies CGN Power (01816) and China Resources Electric (008)
Citibank: China's energy saving and carbon reduction targets benefit clean energy stocks such as China Resources Electric Power (00836) and Goldwind Technology (02208)
The Zhitong Finance App learned that Citi released a research report saying that China's newly released energy saving and carbon reduction action plans are overall higher than the number completed last year, and details on how to implement them are given, showing that clean energy is a priority for the government, which may benefit individual stocks related to the clean energy industry. China issued a 2024-25 energy saving and carbon reduction action plan, which plans to reduce carbon dioxide emissions by 3.9% this year. The bank pointed out that beneficiaries include grid equipment companies Pinggao Electric (600312.SH) and Siyuan Electric (002028.SZ); clean energy power generation company CGN Power (01816)
Guotai Junan: What are the potential possible directions of electricity market-based reforms?
Recommended leading companies in various power generation segments with competitive advantages: 1) thermal power; 2) hydropower; 3) nuclear power; 4) new energy.
Singapore Widens Its Pool of Carbon Credits to Offset Emissions
Companies in Singapore can tap a larger pool of carbon credits to offset up to 5% of their taxable emissions after the city-state signed a bilateral agreement with Ghana.
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