No Data
No Data
Daiwa: Next year, nuclear power is the most preferred in the electrical utilities industry. CGN Power's target price has been raised to 2.9 Hong Kong dollars.
Daiwa released a research report stating that looking ahead to next year, the ranking is nuclear power/coal-fired power/hydropower, with renewable energy coming in last. The bank raised the target price of CGN Power (01816) from 2.1 Hong Kong dollars to 2.9 Hong Kong dollars; and upgraded the rating of China Resources Power (00836) from "underperform" to "hold," as bearish factors have eased and the yield has reached 4%. The bank believes that hydropower valuation in the industry is relatively high, requiring a better entry opportunity; the utilization rate and price reduction of wind power remains an issue. Daiwa explained that the electrical utilities sector has outperformed the overall market in the first three quarters, benefiting from these stocks' continued "de-risking".
Guocai International: Maintains a "buy" rating for cgn mining with a target price of HK$2.25.
Guozheng International released a research report stating that it maintains a "buy" rating for cgn mining (01164), estimating the company's net income attributable to the parent for 2024-2026 to be 0.42 billion/0.85 billion/1 billion Hong Kong dollars, with EPS of 0.055/0.112/0.137 Hong Kong dollars and a target price of 2.25 Hong Kong dollars. In the third quarter, the company's subsidiary produced a total of 692.6 tons of uranium, achieving a completion rate of 97.2%, in line with expectations. The institution expects that, in the context of renewed global emphasis on nuclear power, both China and the United States will strengthen their efforts in nuclear power plants and small modular reactors, which will stimulate the demand for upstream natural uranium mines and be bullish for the company's performance.
CHUCO: Confirmation letter
CHUCO: Interim report - 47th period (2024/04/01 - 2024/09/30)
Hong Kong stocks morning report on November 11: The financial 10 trillion debt conversion plan is implemented, and the Dow Jones Index in the United States has achieved its largest weekly increase in a year.
① Minister of Finance Lan Foan stated that local bond resources will be increased to 10 trillion yuan; ② Last Friday, the three major US stock indexes collectively rose, with the Dow Jones, S&P 500 index both achieving their largest weekly gains in a year. China concept stocks were generally down; ③ Trump is considering candidates such as the SEC Chairman; ④ Tesla's stock price rose by 8% last Friday, Elon Musk's net worth surpassed $300 billion for the first time in nearly three years.
CHUCO: Supplementary explanation of financial results for the 2nd quarter (interim period) of the fiscal year ending March 31, 2025
No Data
No Data