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Hong Kong stocks are moving differently | Electric Power stocks rise against the trend. Institutions state that southbound capital is accelerating its Inflow into Hong Kong Electric Power stocks, and the policy efforts are far from over.
Electric Power stocks rose against the market trend. As of the time of writing, CGN POWER (01816) increased by 4.88%, priced at 2.58 HKD; Huadian Power International Corporation (01071) rose by 4.59%, priced at 3.87 HKD; CHINA LONGYUAN (00916) went up by 2.24%, priced at 6.38 HKD; Huaneng Power International, Inc. (00902) increased by 2.21%, priced at 4.17 HKD; CHINA RES POWER (00836) rose by 1.95%, priced at 17.74 HKD.
Two departments: The electrical quantity of new energy projects going online will in principle enter the electrical utilities market entirely, with the online electricity price formed through market trading.
The National Development and Reform Commission and the National Energy Administration issued a notice on "Deepening the Market-oriented Reform of New Energy Grid Connection Prices to Promote High-quality Development of New Energy."
HUADIAN POWER (01071.HK): The total electricity generation for the year 2024 has reached 222.63 million megawatt-hours.
On February 7, GELONGHUI reported that HUADIAN POWER (01071.HK) announced that as of December 31, 2024, the group accumulated a total power generation of 222.63 million megawatt hours calculated according to China's accounting standards, a decrease of approximately 0.52% compared to the same period last year; the grid-connected power generation completed was 208.45 million megawatt hours, also a decrease of approximately 0.52% compared to the same period last year. The slight decline in total power generation and grid-connected power generation for 2024 is mainly attributed to the continuous increase in new energy installed capacity and favorable hydrological conditions in most regions of the country during the first half of the year.
Express News | Huadian Power International - Total Amount of Power Cumulatively Generated for Year 2024 Was 222.63 Mln Mwh
Huadian Power International Corporation (600027.SH): In 2024, the cumulative electricity generation reached 222.626 billion kilowatt-hours, a decrease of approximately 0.52% year-on-year.
Gelonghui, February 7th丨Huadian Power International Corporation (600027.SH) announced that, as of December 31, 2024, the company and its subsidiaries have completed a cumulative power generation of 222.626 billion kWh according to the consolidated financial statements based on China accounting standards, a decrease of approximately 0.52% compared to the same period last year; the on-grid electricity of 208.453 billion kWh was completed, also a decrease of approximately 0.52% compared to the same period last year. The slight decrease in power generation and on-grid electricity for the whole year of 2024 is mainly due to the continuous increase in installed capacity of New energy Fund and the good water inflow conditions for hydropower in most regions across the country in the first half of the year.
These 4 Measures Indicate That Huadian Power International (HKG:1071) Is Using Debt Extensively
Investors Could Be Concerned With Huadian Power International's (HKG:1071) Returns On Capital
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