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The electric power sector is strong, with Huadian Power (01071) rising by 5.52%. The installed capacity of power generation in the first five months increased by 14% year on year.
Kinwes Finance News | Electric power stocks are strong, with Huadian Power (01071) up 5.52%, CGN New Energy (01811) up 5.74%, Datang International Power Generation (00991) up 4.97%, China Longyuan (00916) up 4.71%, CGN Power (01816) up 4.56%, Huaneng Power (00902) up 4.13%, China Power (02380) up 3.85%, and China Resources Power (00836) up 3.21%. In terms of news, the National Energy Administration released statistics for the national power industry from January to May.
Hong Kong stocks have seen an unusual trend. With the upcoming "big test" of grid operations, electric power stocks have generally increased. Many regions and departments have entered the state of ensuring power supply during the peak summer period.
Electric power stocks generally rose. As of press time, Huadian Power International Corporation (01071) rose 4.19% to HKD 4.72; CGN New Energy (01811) rose 3.69% to HKD 2.53; Huaneng Power International, Inc. (00902) rose 3.23% to HKD 5.74; Datang International Power Generation (00991) rose 3.11% to HKD 1.66.
CGN New Energy Holdings' (HKG:1811) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at
CGN New Energy (01811): Li Jian resigned as the company's secretary, authorized representative, and legal process document agent.
CGN New Energy (01811) announced that Li Jian has resigned as the company secretary starting from June 18, 2024,...
Electrical utilities sector charged successfully?
Extreme weather is affecting electrical utilities supply. Since the start of summer, most southern regions have experienced continuous rainfall, with some areas facing flood situations. Meanwhile, northern regions have been experiencing sustained high temperatures leading to severe drought in some areas. This polarization of south flooding and north drought has resulted in a rapid growth of electricity demand in the north, potentially extending the bullish trend in the electrical utilities sector.
Electric power stocks rise against the market, with China Longyuan (00916) up 4.64%. Everbright Securities indicates that AI applications improve electricity consumption and equipment demand with strong sustainability.
Jinwu Finance News | Electric power stocks rose against the market, with China Longyuan Power Group Ltd (00916) up 4.64%, China Power International Development Ltd (01071) up 4.35%, China Huaneng Group Co Ltd (00902) up 4.31%, Datang International Power Generation Co Ltd (00991) up 3.45%, CGN New Energy Holdings Co Ltd (01811) up 3.44%, and China Resources Power Holdings Co Ltd (00836) up 2.92%. Everbright Securities released a research report saying it is bullish on power distribution network and its digitalization, electrical equipment export, ultra high pressure and main network links. 1) Power distribution network and its digitalization: power distribution network is a relatively weak link in China's power system. Currently, China's power distribution network is
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