China's Electricity Consumption Spikes 5.8% in June

China's electricity consumption rose 5.8% over the year to 820.5 billion kilowatt-hours (kWh) in June, Xinhua reported, citing data from National Energy Administration's data.

MT NewswiresJul 22 01:47 ET

HTSC: High demand for electrical utilities in China and the US, continued high prosperity in grid investment and exports.

China's electrical utilities investment data is strong, and the annual investment growth rate of electrical utilities is expected to reach 10%+. The central oversea electrical utilities investment also continues to grow at a high rate due to electrical utilities demand and infrastructure. Currently, the demand for electrical utilities in the European and American markets is stronger than in non-electrical utilities markets.

Zhitong FinanceJul 21 21:13 ET

Electric power stocks continue to adjust, but the heat wave pattern will continue to be bullish.

By ATFX: Most of the electric power stocks fell this morning. Huaneng Power International, Inc. (00902) announced a decline in its completed on-grid electricity volume for the last quarter, causing the stock price to fall more than 2% this morning. China Power (02380) saw a 33% increase in its electricity sales volume in the first half of the year, but its stock price fell by 0.8%. Datang International Power Generation (00991) fell by 0.6%; State Power Investment Corporation Limited (01071) fell by 0.8%; China Resources Power Holdings Company Limited (00836) fell by 0.5%. Huaneng Power International, Inc. announced that in the first half of the year, various operating power plants in China completed a cumulative on-grid electricity volume of 210.678 billion kilowatt-hours according to the merged financial statements, a year-on-year decrease of 0.22%. In the second quarter of which, China

金吾財訊Jul 17 06:39 ET

Hong Kong stocks fluctuate | CGN Power (01816) fell more than 8% in the afternoon, and the total power generation of nuclear power units in the first half of the year increased by less than 0.1% year-on-year.

CGN Power (01816) fell more than 8% in the afternoon. As of the time of writing, it fell 6.02%, to 3.28 Hong Kong dollars, with a turnover of 0.42 billion Hong Kong dollars.

Zhitong FinanceJul 17 01:36 ET

HK stocks surged, with CGN Power (01816) rising more than 3% against the market. Citigroup stated that the power generation in the first half of the year was lower than expected, but is expected to increase in the second half of the year.

CGN Power (01816) rose more than 3% against the market. As of press time, it rose 2.67% to HKD 3.46, with a turnover of HKD 0.143 billion.

Zhitong FinanceJul 14 23:16 ET

Hang Seng Index Company: The Hang Seng Stock Connect State-Owned Enterprise Value Index has risen by more than 26% since the beginning of the year, significantly outperforming the market.

Heng Seng Index Company stated that state-owned enterprises have significantly outperformed in the Hong Kong stock market in recent years.

Zhitong FinanceJul 11 04:59 ET