No Data
These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it seems
Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Hong Kong stock market has fluctuations. Electric power stocks generally rise, and Huaneng Power International, Inc. (00902) rises more than 3%. From January to May, the total social electricity consumption increased by 8.6% year-on-year.
According to the Zhixin Finance APP, electric power shares generally rose. As of press time, Huaneng Power International, Inc. (00902) rose by 3.13% to HKD 5.6; CGN Power (01816) rose by 2.51% to HKD 3.27; and China Res Power (00836) rose by 1.31% to HKD 23.2. In terms of news, a spokesperson for the National Development and Reform Commission reported the power generation situation at a press conference of the NDRC. From the perspective of power generation, the national industrial power generation above the scale was 3.657 trillion kilowatt-hours from January to May, a year-on-year increase of 5.5%. Power generation in May was 717.9 billion kilowatt hours, an increase of 2.3%.
Hong Kong stock concept tracking | AI is costly! Bill Gates will invest billions of dollars again to build nuclear power plants, and the global electrical utilities industry will experience a cyclical resonance. (including concept stocks)
On June 17th, Bill Gates announced plans to invest billions of dollars in the next generation of nuclear power plants in Wyoming, USA.
Electrical utilities sector charged successfully?
Extreme weather is affecting electrical utilities supply. Since the start of summer, most southern regions have experienced continuous rainfall, with some areas facing flood situations. Meanwhile, northern regions have been experiencing sustained high temperatures leading to severe drought in some areas. This polarization of south flooding and north drought has resulted in a rapid growth of electricity demand in the north, potentially extending the bullish trend in the electrical utilities sector.
CGN Power Issues 1.5 Billion Yuan of Short-Term Debts
CGN Power (SHE:003816, HKG:1816) completed the issue of 1.5 billion yuan worth of super short-term debentures on June 11, according to a Thursday filing with the Hong Kong Exchange. The debt securitie