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Setting a new historical record! The net profit of the hydropower leader reached 700 billion, an increase of nearly 20%, with the interim dividend approaching.
The value of high dividends is highlighted.
Changjiang Electric Power: Changjiang Electric Power 2024 Annual Performance Report Announcement
Changjiang Electric Power 2024 Annual Performance Report Announcement
Express News | China Yangtze Power Prelim 2024 Net Profit up 19.4% Y/Y
Bank of America Securities: Last year, defensive yields such as thermal and hydroelectric power performed well in the sector, upgrading the rating of HUANENG POWER.
Bank of America Securities released a research report stating that the MSCI China Utilities Industry rose approximately 17% last year, in line with the overall market trend. Among them, defensive yields such as thermal and hydropower performed excellently within the Sector. It is recommended that investors choose defensive stocks this year and add to individual quality Beta stocks during price corrections. Bank of America's selection of defensive Utilities Industry stocks includes HUANENG POWER (00902), HUADIAN POWER (01071), China Yangtze Power (600900.SH), and BEIJING ENT (00392). Quality Beta stocks include CHINA RES GAS (01193) and Zhongtian Technology.
Express News | China Yangtze Power Says It Will Hand Out 0.21 Yuan per a-Share in Interim Cash Dividend
Investing in China Yangtze Power (SHSE:600900) Five Years Ago Would Have Delivered You a 77% Gain
