Electric power stocks are under pressure, Huadian Power International Ltd (01071) fell by 5.64% due to the limited growth of China Huaneng Group backed by China Securities Co., Ltd.

Jingwu Finance | Electrical utilities stocks were under pressure against the trend, with Huadian Power International Co., Ltd. (01071) falling 5.64%, China Power (02380) falling 3.52%, Huaneng Power International Co., Ltd. (00902) falling 3.15%, Datang International Power Generation Co., Ltd. (00991) falling 2.91%, and China Resources Power Holdings Co., Ltd. (00836) falling 2.13%. China Securities Co., Ltd. stated that both China and Europe's thermal power output have performed poorly since this year. In Europe, natural gas power generation in the first five months fell by 15.7% YoY, while coal-fired power generation fell by 22.9% YoY, but total power generation increased by 2% YoY. In China, from January to May...

金吾財訊22:21 ET

Hong Kong stocks fluctuations | Thermal power stocks continue to decline, thermal power utilization rate month-on-month decline, the growth rate of thermal power performance in the second quarter may also decline.

According to the Smart Finance APP, thermal power stocks continue to decline. As of press time, Huadian International (01071) fell 5.87% to HKD 4.17; Huaneng International (00902) fell 2.6% to HKD 5.25; China Resources Power (00836) fell 2.35% to HKD 22.9; Datang International Power Generation (00991) fell 2.33% to HKD 1.68. Guotai Junan pointed out that the utilization rate of thermal power is expected to decline in the second quarter due to the increasing effect of clean energy such as hydropower; the domestic spot coal price showed a downward trend in the second quarter, and the long-term coal price remained stable. Considering the quarter-on-quarter of thermal power utilization rate

Zhitong Finance22:10 ET

Datang International Power to See Up to 124% Rise in H1 Profit

Datang International Power Generation (HKG:0991, SHA:601991) expects an attributable profit of between around 2.8 billion yuan and 3.4 billion yuan for the half year ended June 30, up 85% to 124%

MT NewswiresJul 10 06:05 ET

HKEX News: Datang International Power Generation (00991) opened up nearly 3% after a profit surge. It is expected that the net income attributable to shareholders will increase by approximately 85%-124% year-on-year in the midterm.

Datang International Power Generation (00991) opened nearly 3% higher after the profit announcement. As of press time, it rose by 2.87% to HKD 1.79, with a turnover of HKD 3.3509 million.

Zhitong FinanceJul 9 21:26 ET

Datang International Power Generation's half-year performance forecast for 2024 is expected to increase.

Sensex a shareJul 9 12:00 ET · Announcements

Hong Kong stock announcement | China Vanke expects a net loss of about 7 billion yuan to 9 billion yuan for the first half of the year.

Datang International Power Generation (00991) is expected to increase its net income attributable to shareholders by approximately 85%-124% to around 2.8 billion-3.4 billion yuan in the medium term; CSSC Offshore & Marine Engineering (00317) is expected to have a net income attributable to the parent of 0.135 billion yuan to 0.16 billion yuan in the medium term, a year-on-year increase of 965.91% to 1163.30%.

Zhitong FinanceJul 9 11:03 ET