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Datang Renew (01798.HK) received a shareholding increase of 3.5 million shares from Great Wall Life Insurance.
According to the latest equity disclosure information from the Hong Kong Stock Exchange, on September 5, 2024, Datang Renew (01798.HK) received China Life Insurance Co., Ltd.'s shareholding of 3.5 million shares at an average price of HK$1.9935 per share, involving approximately HK$6.9773 million. After the shareholding, China Life Insurance Co., Ltd.'s latest shareholding number is 0.152 billion shares, and its shareholding ratio has increased from 5.94% to 6.08%.
CINNO Research: In the first half of the year, China's new energy industry investment reached 2.1 trillion yuan, a 57% year-on-year decrease.
According to the statistics from CINNO Research, the total investment in China's (including Taiwan) new energy projects from January to June 2024 reached 2.1 trillion RMB, a decrease of 57.1% compared to the same period last year.
Minsheng Securities: The overall performance of the electric new sector is under pressure. Pay attention to investment opportunities from the dual perspective of supply and demand.
The photovoltaic sector achieved a total revenue of 551.355 billion yuan in 24H1, a year-on-year decrease of 18.30%; the net income attributable to the mother was 3.216 billion yuan, a year-on-year decrease of 95.49%, and the decrease in profit was mainly due to the fact that the main chain enterprises were basically in a loss state.
[Hong Kong Stock Connect] datang renew (01798) rose 3.63%. Institutions point to the release of a dedicated chapter for green electricity trade, expecting rapid expansion of the green electricity market.
Jingu Finance News | Datang Renew (01798) has been fluctuating and strengthening. As of the time of publication, it has risen by 3.63% to HK$2, with a turnover of HK$11.29 million. On the news front, Huayuan Securities pointed out that Datang Renew released its interim results earlier, achieving a net income attributable to shareholders of 1.766 billion yuan in the first half of the year, a decrease of 15.67% year-on-year, better than the expected 19% decline in the performance forecast. The firm noted that the company's financing costs have dropped significantly, and the company announced the distribution of an interim dividend of 0.03 yuan per share, the first interim dividend, exceeding expectations. It is expected that the company's management will continue to prioritize the interests of the shareholders. In addition, Citic Securities indicated
Hong Kong stocks surge | Datang Renew (01798) rose more than 4%. The company announced its first interim dividend payout. Wind turbine conversion is expected to improve operational efficiency.
Datang Renew (01798) rose more than 4%. As of the time of writing, it has increased by 3.63%, closing at HK$2, with a turnover of HK$10.8608 million.
China Datang Renewable Power's H1 Attributable Profit Slides 16% as Revenue Falls 5%
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