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Bank of America Merrill Lynch: Last year, the defensive yields from thermal and hydro power performed exceptionally well in the Utility Sector, upgrading HUANENG POWER (00902) rating to "Buy."
The MSCI China Utilities Index rose about 17% last year, performing in line with the market. Among them, defensive yields like thermal and hydro power have performed exceptionally well within the Sector. It is recommended that investors choose defensive stocks this year and add to positions when individual quality Beta stocks experience price corrections.
Statistics on the changes in the Hong Kong Stock Connect proportion | January 16
Statistics on the change in the proportion of Zhiyun Hong Kong Stock Connect | January 15, 2025
CITIC SEC: In 2025, the power grid will face intense policy-driven catalysts; it is recommended to invest in the Ultra High Pressure Sector with strong policy synergy.
The bank is Bullish on the fact that grid investment will maintain double-digit growth in 2025, and it is expected that with the implementation of key matters such as the subsequent National Grid annual work conference, the Industry will enter a phase of intensive policy catalysis.
Huadian Power International Elects Chairman
HUADIAN POWER (01071): Liu Lei was elected as Chairman.
HUADIAN POWER (01071) issued an announcement, Liu Lei was elected as the chairman of the company and appointed as a member of the Board of Directors combat...
Express News | Huadian Power International Corp Ltd - Dai Resignation of Dai Jun as an Executive Director, Chairman