No Data
No Data
Shen Wan Hongyuan: Urban fuel companies will fully benefit from the three major favorable factors of volume increase, price reform, and old reform
Against the backdrop of falling global gas prices and recovering consumer demand, CICC will fully benefit from the three major favorable factors of volume increase, price reform, and old reform. CICC is optimistic about the increase in both the profitability and valuation of CICC.
Changes in Hong Kong stocks | Gas stocks continue to rise recently, and the fall in international gas prices is expected to reduce upstream purchaser-side costs. Local gas price linkage mechanisms continue to advance
Gas stocks continued their recent gains. As of press release, Xinao Energy (02688) rose 4.32% to HK$66.35; China Gas (00384) rose 3.55% to HK$7.87; and China Resources Gas (01193) rose 2.66% to HK$25.05.
Gas stocks rose collectively, Xinao Energy (02688) rose 4.87%. Institutions say the industry benefits from high certainty of profit and growth, and is extremely valuable for investment
Jinwu Financial News | Gas stocks rose collectively. As of press release, Xinao Energy (02688) rose 4.87%, China Gas (00384) and China Resources Gas (01193) rose more than 3%, and Beijing Holdings (00392) and Kunlun Energy (00135) both rose more than 2%. According to the news, the CITIC Securities Research Report pointed out that with the introduction of the Shenzhen gas favorable price policy, the national gas price promotion work is progressing steadily, and the recovery of urban fuel profits is more flexible due to falling gas prices. In the current weak macroeconomic environment, the industry benefits from high certainty of profit and growth, and has great investment value. It is recommended to focus on the higher return and valuation of underlying assets
Huatai Securities: Domestic and foreign green hydrogen projects are vigorously deployed, and the scale of green hydrogen is expected to continue to rise as penetration increases in the future
Huatai Securities released a research report saying that hydrogen is mainly used in refining and industry. According to the IEA, global demand for hydrogen energy will exceed 95 million tons in 2022.
Hong Kong Stock Concept Tracking | Local gas price linkage mechanisms continue to promote, institutions are optimistic about boosting the performance of gas companies (with concept stocks)
In 2024, gas price linkage mechanisms in various regions will continue to advance, which will benefit urban fuel companies to fix gross margins
Changes in Hong Kong stocks | Xinao Energy (02688) rose more than 5%, leading gas stocks in many places to push household gas prices down, and the fall in international gas prices is expected to drive upstream costs down
Gas stocks rose again. As of press release, Xinao Energy (02688) rose 5.69% to HK$65; China Gas (00384) rose 5.17% to HK$7.73; and China Resources Gas (01193) rose 4.25% to HK$24.55.
No Data