01798 DATANG RENEW
- 1.830
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DATANG RENEW News
Changes in Hong Kong stocks | Longyuan Electric Power (00916) rose nearly 4%, leading the way, wind power stocks have determined development plans for land wind projects and wind power installed capacity is expected to expand
Wind power stocks rose collectively. As of press release, Longyuan Power (00916) rose 3.61% to HK$6.88; Xintian Green Energy (00956) rose 3.29% to HK$3.77; and Datang New Energy (01798) rose 1.66% to HK$1.84.
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 | Longyuan Electric Power (00916) rose more than 6%, leading the wind power stock, wind power entering the peak production season, and industry sentiment is expected to reverse rise
Wind power stocks rose again. As of press release, Longyuan Power (00916) rose 6.51% to HK$6.54; Xintian Green Energy (00956) rose 6.16% to HK$3.62; and Goldwind Technology (02208) rose 4.78% to HK$3.73.
Dongwu Securities Wind Power 23 & 24Q1 Summary: Significant differentiation of components under pressure on the profit of the whole machine
In '23 & 24Q1, revenue in the wind power sector rose year on year and profit declined year on year.
Datang Renewable Sets Date for Coupon Payment on 3.07% Renminbi Bonds
China Datang Corp. Renewable Power (HKG:1798) is preparing to settle the interest on its 3.07% renminbi bonds due on May 19, according to a late Tuesday disclosure. The coupon payment will cover the i
Datang New Energy (01798): “22 Datang Xinneng MTN001” will pay interest on May 19
Datang New Energy (01798) issued an announcement, China Datang Group Renewable Energy Co., Ltd., the first phase of 2022...
[Broker Focus] Bank of Commerce maintains Datang New Energy (01798) purchase rating, indicating that the decline in electricity prices is still within expectations
Jinwu Financial News | According to BOC International Development Research Report, Datang New Energy (01798)'s profit in the first quarter fell 6% year on year. The bank estimates that the factors included rising wind power limits, an increase in the share of affordable projects, and a year-on-year increase in depreciation. The decline in electricity prices is still within the bank's expectations. Currently, the bank maintains the company's profit forecast. In 2024, Feng/Light's feed-in electricity prices will drop by 3%/2% year on year, and overall power generation will increase by 7.4% year on year. Management still expects more than 2 gigawatts of installed capacity to be added in 2024. Based on the company's ongoing project of 1.8 gigawatts, the bank believes it is still expected to be completed. The bank estimates that the company's new installations are still concentrated
Datang Renewable's Q1 Profit Slips
China Datang Renewable Power's (HKG:1798) attributable profit fell to 1.07 billion yuan, or 0.1306 yuan per share, in the first quarter from 1.14 billion yuan, or 0.1356 yuan per share, in the year-ag
Datang New Energy (01798) announced consolidated results for the first quarter, net profit of 1,069 billion yuan, a year-on-year decrease of 5.85%
According to the Zhitong Finance App, Datang New Energy (01798) announced consolidated results for the first quarter of 2024. The group achieved operating income of 3,526 billion yuan (RMB, same below) during the period, an increase of 0.57% over the previous year; net profit to mother of 1,069 billion yuan, a year-on-year decrease of 5.85%; and basic earnings per share of 0.1306 yuan.
大唐新能源：2024年第一季度財務資料
China Telecommunication Union: In the first quarter, electricity trading centers across the country organized a total of 1424.84 billion kilowatt-hours and an increase of 7.7% year-on-year
On April 30, the China Telecommunication Union released a summary of the national electricity market transactions from January to March 2024.
Earnings Working Against China Datang Corporation Renewable Power Co., Limited's (HKG:1798) Share Price
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 10x, you may consider China Datang Corporation Renewable Power Co., Limited (HKG:1798) as an attractive i
大唐新能源：2023年度報告
Cathay Pacific Junan: Maintaining Datang New Energy's (01798) “Buy” Rating Target Price Reduced to HK$2.3
Cathay Security lowered Datang New Energy's 2024-2025 earnings per share by 32.7% and 41.4% to RMB 0.348 and RMB 0.395
Datang New Energy (01798.HK) completed the issuance of 1 billion yuan of ultra-short-term financing notes
Gelonghui, April 26, 丨 Datang New Energy (01798.HK) announced that the company completed the issuance of the first ultra-short-term financing notes of 2024 on April 23, 2024. The total amount of securities issued in this issue is RMB 1 billion and is valid for 91 days (payment date is July 24, 2024). The face value is RMB 100, the interest rate is 1.80%, and interest will be accrued from April 24, 2024.
Datang New Energy (01798) completed the issuance of 1 billion yuan of renewable corporate bonds
Zhitong Finance App News, Datang New Energy (01798) announced that on April 15, 2024, the company completed the public offering of the company's 2024 Renewable Corporate Bonds (Phase II) and received the funds raised for the current issue. The final issuance scale of this issue of corporate bonds is RMB 1 billion, with a base period of 3 years, a face value of RMB 100, and an issuance interest rate of 2.53%. The starting date is April 15, 2024. CITIC Securities Co., Ltd. is the lead underwriter for this issue of the corporate bonds, with China International Finance Corporation Limited and Orient Securities Underwriting and Sponsorship Co., Ltd.
Changjiang Securities: Wind power market sentiment picked up in March and is expected to drive sector recovery in the second quarter
Changjiang Securities released a research report stating that market sentiment has picked up since March. The superposition is about to enter the second quarter, and construction of the Sea Breeze project has started one after another, driving the sector to recover.
Datang New Energy (01798.HK) will hold a board meeting on April 30 to approve the first quarter results
Gelonghui, April 18, 丨 Datang New Energy (01798.HK) announced that the board of directors meeting will be held on April 30, 2024 (Tuesday) to review and approve (including) the unaudited first quarter results of the company and its subsidiaries for the three months ended March 31, 2024 and their announcements.
大唐新能源：董事會會議召開日期
Datang Renewable to Vote May 9 on Capital Injection Proposal
Shareholders of China Datang Renewable Power (HKG:1798) will meet on May 9 to vote on the proposed capital injection into Datang (Danzhou) Ocean Energy Development, a Tuesday filing on the Hong Kong b
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