02688 ENN ENERGY
- 69.150
- -0.200-0.29%
ENN ENERGY News
HK stocks surge: China Res Gas (01193) rose nearly 5%, leading the gas stock. The gradual implementation of nationwide gas price increase and the expected repair of urban gas profitability.
According to the Zhixun Finance APP, most of the gas stocks are rising. As of press time, China Resources Gas (01193) rose 4.8% to HKD 29.45; Kunlun Energy (00135) rose 3.01% to HKD 8.21; China Gas Holdings Limited (00384) rose 2.03% to HKD 7.55; ENN Energy Holdings Limited (02688) rose 1.15% to HKD 70.15. A recent research report from Soochow Securities pointed out that from 2022 to 2024M5, 52% of prefecture-level and above cities in the country have adjusted residential prices, with a price increase of 0.20 yuan per cubic meter. With the arrival of the off-season, the bank believes that there will be no further hikes.
ENN Energy Holdings Limited Goes Ex Dividend Tomorrow
ENN Energy Holdings Limited's (HKG:2688) Intrinsic Value Is Potentially 96% Above Its Share Price
Key Insights ENN Energy Holdings' estimated fair value is HK$143 based on 2 Stage Free Cash Flow to Equity ENN Energy Holdings' HK$73.00 share price signals that it might be 49% undervalued The C
Hong Kong stock concept tracking | Sudden price surge! Henry hub natural gas in Europe surged by 10%, and the tight supply and demand situation may continue until 2025 (with concept stocks).
If there is any interruption in production and supply chain of gas fields in major supplying countries such as Norway, it will further exacerbate the supply shortage and lead to a further surge in henry hub natural gas prices.
ENN Energy (02688): Related personnel of ENC Digital Technology and Zhang Yu received warning letters.
ENN Energy (02688) announced that the Guangxi Regulatory Bureau of the China Securities Regulatory Commission recently decided to sanction ENC Digital Technology...
Express News | ENN Energy - According to Decision, Enc Digital, Personnel Were in Breach of Administrative Measures on Information Disclosure
Express News | ENN Energy - Commission Recently Made a Decision to Issue a Warning Letter to Enc Digital Technology, Others
Express News | ENN Energy - Informed That Guangxi Regulatory Bureau of China Securities Regulatory Commission
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
ENN ENERGY To Go Ex-Dividend On June 5th, 2024 With 2.31 HKD Dividend Per Share
May 31st - $ENN ENERGY(02688.HK)$ is trading ex-dividend on June 5th, 2024. Shareholders of record on June 6th, 2024 will receive 2.31 HKD dividend per share on July 26th, 2024. The ex-dividend da
ENN Energy Holdings (XNGSF) Gets a Buy From J.P. Morgan
ENN ENERGY HOLDING To Go Ex-Dividend On June 6th, 2024 With 1.18374 USD Dividend Per Share
May 25th - $ENN ENERGY HOLDING(XNGSY.US)$ is trading ex-dividend on June 6th, 2024. Shareholders of record on June 6th, 2024 will receive 1.18374 USD dividend per share on August 12th, 2024. The e
[Broker Focus] CITIC Securities: Electricity growth supports restoration of economic growth momentum
Jinwu Financial News | CITIC Securities said that the increase in electricity consumption supports the restoration of economic growth momentum. The electricity consumption of the whole society increased 7.0% year on year in April. Although the growth rate declined from 9.8% in January-March, the performance was still strong. The April electricity consumption data confirmed that economic growth momentum was recovering; from January to April, the contribution of the second generation to the increase in electricity consumption was close to 60%. The recovery in industrial production and export recovery boosted the recovery in industrial production, and the strong consumption of electricity in the second generation led to a recovery in overall electricity demand. Supported by declining interest rate trends and declining return expectations throughout society, the utility industry is undergoing continuous revaluation as an asset with long-term characteristics.
Recent Uptick Might Appease ENN Energy Holdings Limited (HKG:2688) Institutional Owners After Losing 25% Over the Past Year
Key Insights Institutions' substantial holdings in ENN Energy Holdings implies that they have significant influence over the company's share price The top 3 shareholders own 51% of the company In
Changes in Hong Kong stocks | China Gas (00384) rose more than 7%, leading the way in gas stocks, natural gas smooth prices, and the city fuel company may usher in an increase in performance
The Zhitong Finance App learned that gas stocks showed strong performance. As of press release, China Gas (00384) rose 6.98% to HK$8.12; Xinao Energy (02688) rose 5.39% to HK$76.3; Ganghua Smart Energy (01083) rose 3.95% to HK$3.16; and China Resources Gas (01193) rose 3.77% to HK$27.5. GF Securities pointed out that since 2023, domestic natural gas smooth price work has accelerated. Along with the National Development and Reform Commission issued guidance on upstream and downstream price linkage of natural gas in the first half of the year, many parts of the country have started gas sales price links for residential use
Lyon: Covered for the first time, Xinao Energy and China Resources Gas were rated “Buy”
Lyon released a research report stating that it covered Xinao Energy (02688) and China Resources Gas (01193) for the first time, and both were rated “buy”. Lyon's proprietary analysis quantifies environmental, social and corporate governance (ESG) and energy transition risks to fully assess their impact. The report points out that natural gas will be the key to developing renewable energy in the mainland. As this energy becomes more accessible and affordable, the mainland gas market will enter a new era and growth cycle. Favourable policy reforms will lead to a more sustainable supply-demand relationship and contribute to a green transition. At the same time, unit profit continues to expand
Xinao Energy received an increase in BlackRock's holdings of 984,800 shares at a price of about HK$68.76 per share
According to the latest data from the Hong Kong Stock Exchange, on May 2, BlackRock increased its holdings of Xinao Energy (02688) by 984,800 shares, at a price of HK$68.7637 per share, for a total amount of about HK$67.755 million. After the increase in holdings, the latest number of shares held was 569.697.77 million shares, and the latest shareholding ratio was 5.04%.
Xinao Energy (02688.HK) gains 984,800 shares from BlackRock
Glonghui, May 8 | According to the latest equity disclosure data from the Stock Exchange, on May 2, 2024, Xinao Energy (02688.HK) obtained BlackRock, Inc. increased its holding of 984,800 shares at an average price of HK$68.7637 per share on the market, involving approximately HK$67.755 million. After the increase in holdings, BlackRock, Inc.'s latest number of open positions was 569.98 million shares, and the holding ratio increased from 4.95% to 5.04%.
CICC: Maintaining Xinao Energy's “outperforming the industry” rating and raising the target price to HK$70
CICC released a research report stating that Xinao Energy (02688)'s profit forecast for 2024 and 2025 remains unchanged, maintaining the “outperforming industry” rating. Considering the positive catalytic effect of the increase in gas volume growth on the company's valuation, the target price was raised by 7.7% to HK$70. The report quoted the company's announcement and the first quarter operating data report. Retail gas volume increased 2.7% year on year during the period. Among them, industrial and commercial gas volume increased 2.9% year on year, and civilian gas volume increased 2.5% year on year. The company's gas sales growth accelerated further quarterly in the first quarter. The report determined that the main reason was the company's more flexible sales strategy and the year-on-year decline in liquefied natural gas (LNG) prices.
CICC: Maintaining Xinao Energy's (02688) “outperforming the industry” rating, and raising the target price to HK$70
Xinao Energy's retail gas volume increased 2.7% year on year in the first quarter. Among them, industrial and commercial gas volume increased 2.9% year on year, and civilian gas volume increased 2.5% year on year.
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