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China Resources Power, China Resources Sanjiu to Continue Cooperating on New Energy Projects
China Resources Power (HKG:0836) and China Resources Sanjiu Medical & Pharmaceutical (CR Sanjiu) have agreed to continue their cooperation on new energy projects under a 2024 cooperation agreement, ac
China Resources 39 and China Resources Electric Power enter into a cooperation agreement on proposed cooperation related to new energy projects
Gelonghui, May 16, 丨 China Resources Pharmaceutical (03320.HK) issued an announcement. On May 15, 2024, China Resources 39 (an indirect non-wholly-owned subsidiary of the company) and China Resources Electric Power signed a cooperation agreement on proposed cooperation related to new energy projects. The period starts on May 15, 2024 and ends on December 31, 2024. According to the cooperation agreement, China Resources 39 and China Resources Electric Power have agreed to cooperate with each other on new energy power generation projects (“new energy projects”) for “medicinal photovoltaic complementary” photovoltaic power generation projects and other new energy projects for which development rights have already been obtained, in the following manner. It is expected to cooperate with China Resources Electric Power Group on new energy projects
CR Sanjiu Ties Up With China Resources Power on New Energy Projects
China Resources Sanjiu Medical and Pharmaceutical (SHE:000999) agreed to cooperate with China Resources Power Holdings (HKG:0836) on new energy generation projects, the company said in its filing on t
Hong Kong Stock Concept Tracking | Strong growth in electricity consumption in the first quarter, institutions believe the sector is expected to experience improved profits and revaluation (with concept stocks)
The Zhitong Finance App learned that on May 14, the National Development and Reform Commission announced the revised “Basic Rules for the Operation of the Electricity Market” (hereinafter referred to as the “Rules”). The “Rules” have further adjusted the relevant market scope, operating agency, and transaction entity statements. At the same time, they have improved statements relating to market members and types of market transactions, improved definitions and transaction methods such as electricity energy and ancillary service transactions, and further refined requirements related to risk prevention and control. The new regulations will come into effect on July 1, 2024. Meanwhile, the electricity sector has continued to soar recently. In terms of news, recently a piece of news about the increase in electricity prices for residents spread on social media platforms. According to
Changes in Hong Kong stocks | Huadian International (01071) rises nearly 7%, leading power stocks, China Telecommunication Union expects electricity consumption growth to exceed 8% in the first half of the year
The Zhitong Finance App learned that power stocks continued to rise in early trading. As of press release, Huadian International (01071) rose 5.99% to HK$4.6; Huaneng International (00902) rose 4.72% to HK$5.33; Datang Power (00991) rose 3.77% to HK$1.65; and China Resources Electric (00836) rose 2.13% to HK$21.55. According to the news, recently, the China Telecommunication Union released the “National Electricity Supply and Demand Situation Analysis and Forecast Report for the First Quarter of 2024”. The report predicts that the entire society will consume 9.8 trillion kilowatt-hours of electricity in 2024, an increase over 2023
Trending Industry Today: CHINA RES POWER Leads Gains In Electric Power Stocks
May 10th - The industry of $Electric Power(BK1207.HK)$ is trending higher today with 5 constituents up and CHINA RES POWER leading Gains.$CHINA RES POWER(00836.HK)$ climbs 6.03% to HK$21.1 with a turn
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