Changes in Hong Kong stocks | Electricity stocks generally rose in April, the electricity consumption of the whole society increased 7% year on year. A new version of the “Basic Rules for the Operation of the Electricity Market” was released
The Zhitong Finance App learned that electricity stocks generally rose. As of press release, Datang Power (00991) rose 4.35% to HK$1.68; China Electric Power (02380) rose 3.43% to HK$3.62; Huaneng International (00902) rose 1.75% to HK$5.22; and China Resources Power (00836) rose 1.63% to HK$21.8. According to the news, on May 17, the National Energy Administration released data such as the electricity consumption of the whole society for April. In April, the electricity consumption of the entire society was 741.2 billion kilowatt-hours, an increase of 7.0% over the previous year. From January to April, the total electricity consumption of the entire society was 307
New energy plus AI, the global power grid is in urgent need of major transformation! China's top two trump cards of power equipment going overseas: transformers and smart meters
Northeast Securities pointed out that the current imbalance between supply and demand in the overseas transformer market provides broad entry space for domestic manufacturers with high cost performance and sufficient production capacity; domestic meters are relatively independent, small in size, and large in quantity, making it easy to form large-scale exports.
Changes in Hong Kong stocks | Huadian International (01071) rises nearly 7%, leading power stocks, China Telecommunication Union expects electricity consumption growth to exceed 8% in the first half of the year
The Zhitong Finance App learned that power stocks continued to rise in early trading. As of press release, Huadian International (01071) rose 5.99% to HK$4.6; Huaneng International (00902) rose 4.72% to HK$5.33; Datang Power (00991) rose 3.77% to HK$1.65; and China Resources Electric (00836) rose 2.13% to HK$21.55. According to the news, recently, the China Telecommunication Union released the “National Electricity Supply and Demand Situation Analysis and Forecast Report for the First Quarter of 2024”. The report predicts that the entire society will consume 9.8 trillion kilowatt-hours of electricity in 2024, an increase over 2023
Trending Industry Today: CHINA RES POWER Leads Gains In Electric Power Stocks
May 10th - The industry of $Electric Power(BK1207.HK)$ is trending higher today with 5 constituents up and CHINA RES POWER leading Gains.$CHINA RES POWER(00836.HK)$ climbs 6.03% to HK$21.1 with a turn
Shell Pulls Out of China Power Market as Part of Push to Improve Returns
大唐發電:海外監管及內幕消息公告 2024 第一季度報告