Jingu Financial News | Datang Renew (01798) is steadily strong, rising 3.63% to HKD 2 with a trading volume of 11.29 million HKD.
On the news front, Huayuan Securities pointed out that Datang Renew previously released its interim results and achieved a net income attributable to the parent of 1.766 billion yuan in the first half of the year, a year-on-year decrease of 15.67%, better than the expected decline of 19% in the performance prospects. The bank pointed out that the company's financing costs have decreased significantly, and the company announced a mid-term dividend of 0.03 yuan per share, which is the first mid-term dividend and exceeds expectations. It is expected that the company's management will continue to pay attention to shareholder interests.
In addition, CITIC Securities pointed out that the National Development and Reform Commission and the National Energy Administration issued the "Basic Rules for Medium and Long-term Power Transactions-Green Power Trading Chapter". From a national level, it is expected to promote the rapid expansion of the green power market, eliminate development obstacles, establish a market system and long-term mechanism for the production and consumption of green energy, and promote the integration of green power trading into medium and long-term power transactions, reflecting the electricity generation and green value of green electricity in the market.
