No Data
tianfeng Securities: Which electrical utilities companies benefit from the main line of guaranteeing supply, ensuring demand, and consumption integration?
Since 2023, a series of electrical utilities reform-related documents have been issued, focusing on ensuring supply and consumption, especially the "Accelerated Implementation Plan for Building a New Power System (2024-2027)", which has implemented relevant decision-making deployments in the main grid, ultra high pressure, and distribution network construction.
[Brokerage Focus] Guoyuan International: Interest rate cuts are bullish for electrical utilities' valuation reassessment, recommending CGN Power (01816) and others.
Jingu Finance News | Guoyuan International issued a report stating that on September 19th, Beijing time, the Federal Reserve held an interest rate meeting, cutting the federal funds rate by 50 basis points to 5.75%-5.0%. On September 24th, the State Council Information Office held a press conference on financial support for high-quality economic development. Pan Gongsheng, the Governor of the Central Bank, stated at the meeting: the reserve requirement ratio will be reduced by 0.5 percentage points in the near future, providing about 1 trillion yuan of long-term liquidity to the financial market. Depending on the liquidity situation in the market for the rest of the year, there may be a further reduction of 0.25 to 0.5 percentage points in the reserve requirement ratio; the central bank will also reduce the amount of central silver.
China Galaxy Securities: Thermal power generation growth rate turns positive, electricity consumption growth rate accelerates.
CITIC Securities released research reports stating that they are bullish on the thermal power sector for the whole year, which has policy catalysts, continuous performance improvement, and valuation potential; they are bullish on the hydropower and nuclear power sectors in the long term, which have high performance certainty and strong dividend capabilities.
SDIC: Clean and efficient base load power nuclear energy ushers in a period of rapid development opportunities
The installed capacity growth is determined, the electricity guarantee is consumed, and the electricity price is basically stable, with nuclear power profits expected to grow steadily.
[Brokerage Focus] Haitong Int'l: The start of interest rate cuts in the USA brings new opportunities to the electrical utilities sector. It is recommended to pay attention to Huaneng Power International,Inc. (00902) and others.
Golden Sense Financial News | Haitong Int'l reported that the US interest rate reduction cycle is usually favorable to the electrical utilities sector, mainly due to the weakening coal prices. Last week, the Fed announced a 50 basis point interest rate cut. Historical data shows that during the interest rate reduction cycles in 2001-2003, 2007-2008, and 2019-2020, the electrical utilities sector has demonstrated good fundamental trends. During these periods, the global economy was weak, leading to a decline in coal prices, thereby increasing the profit stability of electrical utilities companies. As we enter 2024, a new interest rate reduction cycle may once again bring new investment opportunities for the electrical utilities sector. The bank stated that currently, the valuation of leading electrical utilities com
Hong Kong stock concept tracking | Nuclear power revival? Reports of 14 global financial giants supporting nuclear energy development. Institutions suggest focusing on these two growth opportunities (with concept stocks).
Guolian Securities pointed out that in 2024, the nuclear power industry will enter a peak investment period.
No Data
No Data
