[Brokerage Focus] GTJA maintains a 'Shareholding' rating for the gas Industry, indicating a reconstruction of value in the urban gas sector.

Jingwu Financial News | GTJA stated that with the optimization of profit structure, enhanced operational management, and the slowdown of capital expenditure, the free cash flow of urban gas companies is expected to improve; maintaining a "Shareholding" rating for the gas Industry, focusing on the trend of improving free cash flow and increasing dividend value. The bank indicated that Listed in Hong Kong gas leading stocks have shown strong historical performance; it believes that the long-term excess returns of leading companies listed in Hong Kong are mainly benefited from: 1) Rapid development of the Henry Hub Natural Gas Industry: Benefiting from the improvement of urban gas infrastructure, increased urbanization level, and the promotion of Eco-friendly Concept policies, the growth rate of natural gas consumption has experienced a phase increase (in 2021, the natural gas consumption was 37...

King Wu Financial NewsMar 13 20:41 ET

Gas Stocks rose against the trend, with ENN ENERGY (02688) up 3.55%. HSBC Research indicated that under the assumption of a ceasefire between Russia and Ukraine, the reduction in Oil & Gas import costs will directly alleviate cost pressures in the Industr

Golden Watch News | Gas stocks are rising against the trend, with ENN ENERGY (02688) up 3.55%, CHINA RES GAS (01193) up 2.05%, HK & CHINA GAS (00003) up 1.59%, TG SMART ENERGY (01083) up 1.55%, Shanghai Dazhong Public Utilities (01635) up 0.99%, and KUNLUN ENERGY (00135) up 0.79%. A report from HSBC Research indicates that there remains a high level of uncertainty regarding the outcome of the ceasefire agreement between Russia and Ukraine. However, the team assumes that if both parties reach an agreement, oil prices will be pressured due to increased supply and normalization of trade, while it is uncertain whether Russia will recover.

Jinwu Financial NewsMar 12 03:05 ET

【Brokerage Focus】CITIC SEC: Changes in Consumer structure, the gas Industry returns to the right track while urban gas growth is moderate.

Jinwu Financial News | CITIC SEC stated that after a consecutive two years of approximately 8% apparent Consumer growth in 2023-2024, domestic gas consumption has emerged from the low point, and the Industry growth rate has returned to normal. Unlike the historically prominent growth rate of nationwide urban gas sales, during this round of demand recovery, the performance of nationwide leading urban gas sales has been modest and generally weaker than the overall Industry growth rate, marking a turning point in the growth rate difference. The current market environment is very favorable for LNG heavy trucks, with sales experiencing a full explosion after 2023; as the Energy transition advances, the significant increase in the Electrical Utilities system's demand for flexibility is also supporting gas and power.

Jinwu Finance NewsMar 6 19:46 ET

China Resources Gas Group Limited's (HKG:1193) Business Is Trailing The Market But Its Shares Aren't

Simply Wall StMar 3 17:51 ET

CHINA RES GAS (01193.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.

Galunhui reported on March 3rd that CHINA RES GAS (01193.HK) announced that the Board of Directors meeting will be held on Friday, March 28, 2025, to consider and approve the year-end performance of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for declaring a final dividend (if any).

Gelonghui FinanceMar 3 04:02 ET

CHINA RES GAS: DATE OF BOARD MEETING

HKEXMar 3 04:00 ET · Announcements