Water Affair related stocks is generally up, as of press, bj ent water rose 7.63% to HKD 2.68; China Water rose 3.01% to HKD 5.82; Guangdong Inv rose 2.26% to HKD 4.52.
According to the Zhitong finance app, water related stocks are generally rising. As of press, bj ent water rose 7.63% to HKD 2.68; China Water rose 3.01% to HKD 5.82; Guangdong Inv rose 2.26% to HKD 4.52.
In terms of news, since 2023, many places have been pushing for water price adjustments. Currently, cities such as Kunming, Shanghai, Xiangyang, and Quanzhou have raised water prices, with an average increase of more than 25%. Cities such as Guangzhou are still in the hearing stage. Soochow Securities believes that raising supply prices will increase profits, improving the cash flow model of sewage pricing, and driving long-term growth & doubling valuations through price reform. Huafu Securities research reports pointed out that compared with developed countries, China's water supply prices are still relatively low, and upward adjustment of water prices may be a trend in the future, and volume and price increases are expected to ensure high dividends for water companies.