Investing in China Yangtze Power (SHSE:600900) Five Years Ago Would Have Delivered You a 83% Gain

When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the China

Simply Wall StApr 24 02:42 ET

Shenwan Hongyuan: Electricity consumption growth picked up in January-February, demand for new energy sources was effectively released

The Zhitong Finance App learned that Shen Wan Hongyuan released a research report stating that according to data released by the National Bureau of Statistics, from January to February 2024, the electricity consumption of the entire national society was 1531.5 billion kilowatt-hours, an increase of 10.95% over the previous year, and the previous value was 2.3%. Among them, the electricity consumption of primary, secondary, tertiary, and residents grew at a year-on-year rate of 11.11%, 9.73%, 15.66%, and 10.51%. The previous values were 6.20%, 2.88%, -0.16%, and 2.75%. Electricity consumption in the primary sector continues to grow thanks to the continuous increase in the level of electrification in rural areas. In terms of secondary and tertiary industries, new energy

Zhitong FinanceApr 11 03:23 ET

China Yangtze Power's Total Power Generation Falls 5% in Q1

China Yangtze Power's (SHA:600900) total power generation fell 5.13% year over year to 52.75 billion kilowatt-hours in the first quarter, according to a Tuesday filing with the Shanghai bourse. The Wu

MT NewswiresApr 9 07:38 ET

Changjiang Electric Power (600900.SH): Total power generation in the first quarter was about 52,747 billion kilowatt-hours, a year-on-year decrease of 5.13%

Gelonghui, April 8 | Changjiang Electric Power (600900.SH) announced that according to the company's preliminary statistics, in the first quarter of 2024, the total amount of incoming water from Wudongde Reservoir in the upper reaches of the Yangtze River was about 14.849 billion cubic meters, 7.71% lower than the same period last year; the total amount of incoming water from the Three Gorges Reservoir was about 49.767 billion cubic meters, 4.14% lower than the same period last year. In the first quarter of 2024, the total power generation capacity of the company's six cascade power plants was about 52,747 billion kilowatt-hours, a decrease of 5.13% over the same period last year. Among them, the Wudongde Power Station completed 5.956 billion kilowatt-hours of power generation, an increase of 3.4 billion over the same period last year

Gelonghui FinanceApr 8 05:10 ET

China Galaxy Securities: Continued optimism about the long-term investment value of the power sector, there is still room for improvement in the profits of thermal power companies

The Zhitong Finance App learned that China Galaxy Securities released a research report saying that the overall performance of the power sector is highly deterministic and has strong dividend capacity. It will continue to benefit from central state-owned enterprise reforms in the future, and continues to be optimistic about the long-term investment value of the power sector. Short-term recommendations include a thermal power sector with policy catalyst, continuous improvement in performance, and room for improvement in valuation; focus on nuclear power and hydropower with long-term, low-risk capital; and strategically lay out the new energy sector when low. Individual stock attention: Huadian International (01071), Wanneng Electric Power (000543.SZ), Zhejiang Electric Power (600023.SH), Huaneng International (00902), Changjiang Electric Power

Zhitong FinanceApr 3 04:07 ET

Galaxy Securities January-February Electricity Data Review: High Installed Growth of New Energy and Economic Recovery Driven by Increased Electricity Consumption

In January-February, the electricity consumption of the entire society was 153.6 billion kilowatt-hours, an increase of 11.0% over the previous year.

Zhitong FinanceMar 28 23:34 ET