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Green energy concept stocks rise, Datang Renewables (01798) up 3.02%. Institutions indicate accelerating construction of new power systems, with hope for improvement in green energy absorption.
Jingu Finance | Green energy stocks rose collectively, Datang Renew (01798) up 3.02%, Datang International Power Generation (00991) up 2.6%, Huadian Power (01071) up 2.19%, Xinte Energy (01799) up 1.93%, Huaneng Power (00902) up 1.73%, China Res Power (00836) up 1.35%. Debon Securities stated on August 6 that the National Development and Reform Commission, the National Energy Administration, and the National Bureau of Statistics jointly issued the "Action Plan for Accelerating the Construction of a New Type of Power System (2024-2027)".
Hong Kong stocks surge as China Pacific Insurance acquires H shares. Huadian Power International (01071) and Huaneng Power International (00902) both rise by more than 2%.
China Pacific Insurance has taken a stake in Huadian Power International and Huaneng Power International’s H shares. As of the time of writing, Huadian International (01071) rose 2.92% to HKD 4.23, with a turnover of HKD 32.5444 million; Huaneng International (00902) rose 2.16% to HKD 4.72, with a turnover of HKD 39.1285 million.
Huadian Power plans to distribute a mid-year dividend of 8 cents per share no later than November 5th.
Huadian Power International (01071) announced that the company plans to distribute a cash dividend of RMB 0.08 per share (including tax) to all shareholders registered on the record date of the equity distribution in mid-2024. The mid-term dividend for 2024 is expected to be paid to eligible H-shareholders no later than November 5, 2024.
Are insurance funds copying everyone's "bottom"?
Acquiring shares in H-shares (listed in Hong Kong).
Huadian Power Schedules EGM for Shareholder Decisions
Huadian Power's Shareholding Company Faces Enforcement
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