Last year's net profit is expected to reduce losses to around 100 million yuan. Henan Yuneng Holdings is making significant investments in pumped storage projects | Interpretations.

① Henan Yuneng Holdings is expected to reduce losses to around 1 billion yuan in 2024; ② the company is making significant investments in pumped storage power projects.

cls.cnJan 24 10:04 ET

Datang International Power Generation's net profit is expected to more than double last year, benefiting from efforts to reduce fuel costs | Interpretations

① With both thermal and hydropower making strong efforts, Datang International Power Generation's net profit last year more than doubled year-on-year; ② Looking ahead to 2025, the industry generally believes that Thermal Coal prices will be in a narrow fluctuation trend.

cls.cnJan 24 08:57 ET

Investment income increases, GD Power Development expects to earn nearly 10 billion in 2024 | Interpretations

① GD Power Development expects to achieve a net income of nearly 10 billion yuan in 2024, marking its best performance since being listed in 1997; ② Due to the impact of impairment provisions for the Daxingchuan power station included in regular gains and losses, the company's non-deductible net income is expected to decline by more than 10% year-on-year in 2024.

cls.cnJan 21 10:08 ET

Jointo Energy Investment's non-recurring net profit increased by more than 50 times last year, with profits from the thermal power main business rising. | Interpretations

① Jointo Energy Investment expects that the net income attributable to the parent will increase nearly 1.8 times year-on-year in 2024; the net income after deducting non-recurring gains and losses is expected to increase by more than 55 times year-on-year; ② Regarding the reasons for the performance changes, Jointo Energy Investment stated that in 2024, the company will achieve an increase in power generation and heating volume year-on-year, while fuel costs will decrease year-on-year.

cls.cnJan 20 10:10 ET

Another major investment is made, Sichuan Chuantou Energy plans to invest over 8 billion yuan to build a pumped storage power station in Hubei | Quick read announcement.

① Sichuan Chuantou Energy plans to invest nearly 8.2 billion yuan to build the Yuanan pumped storage hydropower station in Hubei; ② The company announced last October a plan to increase its investment in the Yalong River hydropower project by 7.2 billion yuan.

cls.cnJan 20 09:32 ET

Last night, china assets went "crazy."

Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.

wallstreetcnDec 9, 2024 19:27 ET