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CGN Power May Take More of Nuclear Power Installation Market -- Market Talk

CGN Power May Take More of Nuclear Power Installation Market -- Market Talk

中廣核電力或將搶佔更多核電裝機市場--市場對話
Dow Jones Newswires ·  2020/05/20 04:41

DJ CGN Power May Take More of Nuclear Power Installation Market -- Market Talk

DJ CGN電力或將搶佔更多核電裝機市場--市場對話

0841 GMT - CGN Power's share of China's nuclear power installations market could increase to 58% by 2025 from 55.7% in 2019, Bocom International says, initiating coverage of the stock with a buy rating and HK$2.40 target. As construction technology matures, the government could approve six to eight new nuclear power units a year during the 14th five-year plan that starts 2021, of which more than 50% could go to CGN Power, the brokerage says. The nuclear power operator's balance between project development and stable dividend payout are expected to support its share price, Bocom International says. CGN Power shares closed 0.5% higher at HK$1.86. (ronnie.harui@wsj.com)

0841GMT-交銀國際表示,到2025年,中廣核電力在中國核電安裝市場的份額可能會從2019年的55.7%增加到58%,以買入評級和2.4港元的目標開始覆蓋該股。該經紀公司説,隨着建築技術的成熟,在2021年開始的第14個五年計劃期間,政府可能每年批准六到八個新的核電機組,其中超過50%可能會流向中廣核電力(CGN Power)。交銀國際(Bocom International)表示,這家核電運營商在項目開發和穩定派息之間的平衡預計將支撐其股價。中廣核電力股價今天收高0.5%,報1.86港元。(ronnie.harui@wsj.com)

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May 20, 2020 04:41 ET (08:41 GMT)

2020年5月20日東部時間04:41(格林尼治標準時間08:41)

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