601991 Datang International Power Generation
- 3.09
- -0.04-1.28%
Datang International Power Generation News
Stock market anomaly | Huadian Power International Corporation (01071) rises nearly 5%, leading electric power stocks. High temperatures in many areas have led to rising power demand, increasing profitability expectations for thermal power plants.
Electrical utilities continue to rise, as of press time, Huadian Power International (01071) rose 4.72%, to HKD 5.54; Huaneng Power International (01071) rose 4.54%, to HKD 5.53; Datang International Power Generation (00991) rose 3.45%, to HKD 1.8.
Electric power stocks rise against the market, with China Longyuan (00916) up 4.64%. Everbright Securities indicates that AI applications improve electricity consumption and equipment demand with strong sustainability.
Jinwu Finance News | Electric power stocks rose against the market, with China Longyuan Power Group Ltd (00916) up 4.64%, China Power International Development Ltd (01071) up 4.35%, China Huaneng Group Co Ltd (00902) up 4.31%, Datang International Power Generation Co Ltd (00991) up 3.45%, CGN New Energy Holdings Co Ltd (01811) up 3.44%, and China Resources Power Holdings Co Ltd (00836) up 2.92%. Everbright Securities released a research report saying it is bullish on power distribution network and its digitalization, electrical equipment export, ultra high pressure and main network links. 1) Power distribution network and its digitalization: power distribution network is a relatively weak link in China's power system. Currently, China's power distribution network is
Electrical utilities stocks are collectively rising, CGN Power (01816) has risen by 3.99%. Institutions point out that the decline in electricity production costs is advantageous for the profit performance of mainland electrical utilities companies.
Jingu News | Electrical utilities stocks rose collectively, CGN Power (01816) up 3.99%, China Longyuan (00916) up 3.98%, China Resources Power (00836) up 3.67%, China Power (02380) up 2.96%, Datang International Power Generation (00991) up 2.92%, Xinyi Energy (03868) up 2.65%. In terms of news, ICBC Asia pointed out that as the electricity demand in the mainland continues to increase at different levels, coupled with the increase in the use of electricity due to the development of new technologies, it will benefit the income of electricity companies. At the same time, with the decline in the production cost of electricity, it is expected to be beneficial.
Hong Kong stock market anomaly | Huadian Power International Corporation (01071) rose more than 4%, leading the rise in electric power stocks. High power plant inventory makes it difficult for coal prices to rise, with the prospect of continued improvemen
According to the news from Zhitong Finance and Economics APP, electric power stocks continued to rise in early trading. Huadian Power International Corporation (01071) rose by 4.05%, reporting 5.14 Hong Kong dollars; Huaneng Power International, Inc. (00902) rose by 3.76%, reporting 5.52 Hong Kong dollars; Datang International Power Generation (00991) rose by 3.76%, reporting 5.52 Hong Kong dollars; China Res Power (00836) rose by 2.76%, reporting 23.7 Hong Kong dollars. Haitong Securities believes that the current power reform and low-carbon transformation are mutually driven, and the core difficulty faced by the system is still the consumption of new energy. The capacity and auxiliary service difficulties facing the power system are mainly solved by thermal power. Currently, power plant inventory.
Electric power stocks have risen across the board, with Huaian International Power (01071) rising 3.64%. Institutions point out that the electricity spot market will be a key solution for the characteristics of new energy generation.
Jingu Finance News | Electric power stocks have risen across the board. As of press time, Huadian International Electric (01071) was up 3.64%, Huaneng International Electric (00902) was up 3.38%, Datang International Power Generation (00991) was up 2.98%, China Power (02380) was up 2.34%, and China Resources Power (00836) was up 2.33%. Citic Securities stated that on June 4, 2024, the National Energy Administration issued the "Notice on Doing a Good Job in the Consumption of New Energy and Ensuring the High-Quality Development of New Energy", which addresses the coordination of Web-based development, enhancement of regulation capacity, allocation of power grid resources, and optimization of new energy utilization targets.
Hong Kong stock concept tracking | The first virtual power plant platform for residents in the country has appeared, and the market size is expected to continue to expand (with concept stocks).
Virtual power plants can achieve profitability through services such as peak-shaving and valley-filling, auxiliary services, energy efficiency management, deviation assessment compensation, as well as participation in electrical utilities spot markets, green electricity and green certificate trading, CCER trading, and capacity markets.
Hong Kong stock market anomaly: electric power stocks continue to rise, with a month-on-month decrease in Jiangsu's electricity price in June. Institutions say there is no need to worry excessively about the profit-making ability of coal-fired power plant
Electric power stocks continue to rise. As of the time of writing, Huadian Power International (01071) rose 4.48% to HKD 4.9, Huaneng Power International, Inc. (00902) rose 2.69% to HKD 5.34, China Res Power (00836) rose 1.97% to HKD 23.25, and Datang International Power Generation (00991) rose 1.84% to HKD 1.66.
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
Datang International to Buy 95% Stake in Solar Power Firm
Datang International Power Generation (HKG:0991, SHA:601991) will buy a 95% stake in Datang Solar Energy Industry (Yingde) from China Datang Group Solar Energy Industry for 98.2 million yuan, a Thursd
Guotai Junan: What are the potential possible directions of electricity market-based reforms?
Recommended leading companies in various power generation segments with competitive advantages: 1) thermal power; 2) hydropower; 3) nuclear power; 4) new energy.
DATANG POWER To Go Ex-Dividend On July 3rd, 2024 With 0.00826 HKD Dividend Per Share
May 30th - $DATANG POWER(00991.HK)$ is trading ex-dividend on July 3rd, 2024. Shareholders of record on July 4th, 2024 will receive 0.00826 HKD dividend per share on August 23rd, 2024. The ex-divi
Datang Power Generation (00991) will pay a final dividend of 0.0075 yuan per share on August 23
According to the Zhitong Finance App, Datang Power Generation (00991) announced that the company will pay a final dividend of 0.0075 yuan per share on August 23, 2024.
Datang Power Announces Major Asset Impairment
Datang Power's AGM Scheduled for Key 2023 Resolutions
Datang Power Generation (00991) appoints Bu Renhu as securities affairs representative
Zhitong Finance App News, Datang Power Generation (00991) announced that on May 29, 2024, the board of directors agreed to appoint Ms. Bu Renhu as the company's securities affairs representative.
Datang Power Generation (601991.SH): Plans to acquire 95% of Datang Solar Energy Industry (Yingde) Co., Ltd.
Gelonghui, May 29丨Datang Power Generation (601991.SH) announced that the company plans to acquire 95% of the shares of Datang Solar Energy Industry (Yingde) Co., Ltd. held by China Datang Group Solar Energy Industry Co., Ltd., at a purchase price of about 98 million yuan.
Datang Power Generation (601991.SH): Plans to invest 8.216 billion yuan to build the Datang Fuzhou Power Plant 2×1000MW expansion project
Gelonghui, May 29丨Datang Power Generation (601991.SH) announced that the board of directors agreed that the company wholly-owned construction of the Datang Fuzhou Power Plant 2×1000MW expansion project, with a total investment of about 8.216 billion yuan, with a capital ratio of 20%.
Datang Power Generation (601991.SH): It is proposed to carry out preliminary planning of the Mongolian Electricity Transmission Base Project to the Soviet Union
Gelonghui, May 29丨Datang Power Generation (601991.SH) announced that the board of directors agreed that the company will carry out preliminary planning work for the Mongolian Power Delivery Base project into the Soviet Union.
Datang Power Generation (601991.SH): Proposed asset impairment of approximately $237 million
Gelonghui, May 29丨Datang Power Generation (601991.SH) announced that the No. 3 coal-fired unit of the company's Xiayuayuan Thermal Power Branch was completed and put into operation in 1988 and has now been shut down. After evaluation and testing, it is proposed to estimate asset impairment of 237 million yuan in 2024, of which: fixed asset impairment provision of 235 million yuan and inventory depreciation provision of 0.2 billion yuan. After the unit is shut down, it is proposed to preserve assets that are still useful after dismantling, dispose of other assets that cannot continue to be used, have no transfer value, and carry out work related to asset transfer after the assets are scrapped. Original value of fixed assets to be scrapped
Datang Power Generation (00991.HK) completed the issuance of 1 billion yuan of ultra-short-term financing vouchers
Gelonghui, May 27丨Datang Power Generation (00991.HK) announced that the company has completed the issuance of the “Datang International Power Generation Co., Ltd. 2024 Second Ultra Short Term Financing Vouchers” (“Current Ultra Short Term Financing Vouchers”) on May 27, 2024. The issuance amount of the current ultra-short-term financing notes is RMB 1 billion, the term is 88 days, the unit face value is RMB 100, and the coupon interest rate is 1.73%.
Analysis
Price Target
No Data
