CGNMAIN CGN Futures(SEP4)
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CGN Futures(SEP4) News
CGN Power to Redeem 1 Billion Yuan Ultra-Short-Term Bonds; Hong Kong Shares Up 3%
Nuclear energy resurgence? Asset management companies are increasing their bets on related stocks.
①Several asset management companies see the potential of nuclear energy-related stocks and are considering adding them to their investment portfolios; ②Fund managers believe that the continuously growing AI and datacenters will significantly increase the demand for electrical utilities in the future, and nuclear energy will play a significant role in increasing power supply; ③However, nuclear energy still faces significant controversies among ESG investors.
cgn power (01816.HK): The first tranche of ultra short-term financing bonds for the year 2024 will be due for payment on September 23rd.
Guangdong Nuclear Power (01816.HK) announced that it completed the issuance of the first tranche of ultra-short-term financing bonds for the year 2024 on April 3, 2024. The issuance amount of the ultra-short term financing was 1 billion yuan, with a maturity of 169 days, a coupon rate of 2.00%, and a face value of 100 yuan. It was underwritten by Industrial and Commercial Bank of China Limited and Hua Xia Bank Limited. The ultra-short-term financing will be redeemed on September 23, 2024.
CITIC Securities: The profit decline of the electrical equipment industry narrows, and leading enterprises show significant excess.
The top electrical utilities companies rely on their advantages in products and market layout, as well as their first-mover advantage, to bring significant profitability. Their performance in exceeding industry-wide growth is stable, which aligns well with the current domestic and international resonance in the electrical utilities system construction cycle.
Trending Industry Today: CGN MINING Leads Losses In Nuclear Power Stocks
Net inflow of more than 2.6 billion Hong Kong dollars in southbound funds on September 3: increased holdings of China Construction Bank and Meituan, outflow of Kuaishou and CGN Power.
① The Southbound capital had a turnover of approximately HKD 23.8 billion on the day. Which stocks did the funds continue to flow into? ② The funds inflowed into China Construction Bank Corporation by nearly HKD 0.4 billion. What is the short-term trend of the funds?
CGN POWER: 2024 INTERIM REPORT
Hong Kong stock anomaly | CGN Power (01816) fell more than 3% again, the company's second-quarter performance was lower than expected, and the long-term growth expectations were strengthened.
CGN Power (01816) fell more than 3% again. As of the time of writing, it dropped 2.6% to HKD 3.37, with a transaction volume of HKD 98.4779 million.
GF Securities: Bullish on the medium to long-term value of nuclear power with both growth and stability.
The business model and asset quality of nuclear power is similar to hydropower, which is characterized by heavy assets, long duration, dividend distribution, and low beta. At the same time, electrical utilities have rigid power consumption and are less affected by economic cycle fluctuations.
[Special Big V] Deng Shengxing: The market anticipates a rate cut approaching, and Hong Kong stocks are expected to recover.
Kin Wu Finance | The Hang Seng Index closed at 17,641 on Thursday (22nd), up 249 points or 1.4%. The total daily turnover of the market was HKD 97.4 billion. The Shanghai Composite Index rose 1.3% to 6,224; the Shenzhen Component Index rose 2.2% to 3,508. The block orders of the Mainland China Shipping Index (European route) surged 6%, and shipping stocks strengthened. COSCO Shipping Holdings (01919) rose 2.8%; the National Bureau of Statistics stated that industrial electrical utilities production in July slightly accelerated with a year-on-year growth rate of 2.5%, an increase of 0.2 percentage points faster than in June, and electrical power stocks rose across the board. Huaneng Power International (00902) rose 1.1%; China Power (02380) increased by 0.9%.
SmartCom Hong Kong Stock Analysis | Strong Financial Reports Maintain Steady Rise of Hang Seng Index, Star Flash Concept Rises Strongly.
In comparison, the financial reports of many individual stocks in the Hong Kong stock market are good. Coupled with the expected interest rate cut by the Federal Reserve, the Hang Seng Index rose by 1.44% at the close.
Hong Kong stocks closed on 08.22, with the Hang Seng Index rising 1.44%. Network technology stocks performed strongly, with Xiaomi Corporation-W (01810) surging 9% after its financial results.
Hong Kong's three main indices rebounded today, with the gains further expanding in the afternoon. Hang Seng Index performed the best, closing up more than 2%.
[Hong Kong Stock Connect] CGN Power (01816) reversed from a decline to a rise by 1.77%, and it has signed an engineering general contract with Ningde Second Nuclear Power Plant, involving an investment of approximately 32.536 billion yuan.
Gold Financial News | CGN Power (01816) opened low and rose high, with a maximum drop of 3.4% during the day. As of the time of publication, it has risen by 1.77% to HK$3.45, with a turnover of HK$0.245 billion. In terms of news, the company announced that as of the end of the interim period on June 30, 2024, the net profit attributable to the parent company was RMB 7.109 billion, an increase of 2.16% year-on-year. The basic earnings per share were RMB 0.141. No interim dividend will be distributed. During the period, revenue reached RMB 39.377 billion, an increase of 0.26% year-on-year. In addition, CGN Power announced that on August 21, 2024, it was approved by the board of directors.
Glory announced the selection of (Hong Kong stocks) ︱ Xiaomi Group-W (01810.HK) second quarter revenue of 88.9 billion yuan, a year-on-year increase of 32%. Adjusted net income reached 6.2 billion yuan.
【Today's Focus】Xiaomi Group-W (01810.HK) second quarter revenue of 88.9 billion yuan, up 32% year-on-year, with adjusted net income of 6.2 billion yuan. Xiaomi Group-W (01810.HK) announced the performance announcement for the three months and six months ended June 30, 2024. In the second quarter of 2024, the Group achieved significant growth in both revenue and profit. In the second quarter of 2024, Xiaomi Group's total revenue reached 88.9 billion yuan, a historical high, with a year-on-year growth of 32.0%. In terms of business segments, in the second quarter of 2024, the "Mobile × AIoT" division of the Group's revenue was
CGN Power's net earning in the first half of the year exceeded 7 billion yuan. Henderson Land's midyear profit declined by over 40%. | Hong Kong Stock Exchange selected announcements on August 21.
①CGN Power's net profit in the first half of the year exceeded 7 billion yuan, how is the growth rate? ②Henderson Land's mid-term profit decline is over 40%, how significant is the impact?
CGN Power Co. Shows Steady Mid-Year Growth
Express News | CGN Power - CGN Engineering, Others to Provide Preliminary Preparation, Design and Technical Services, Others for Project Ningde Phase II
CGN Power (01816): The engineering company and the design company have signed an engineering and general contracting agreement with Ningde Phase II Nuclear Power Plant, involving a capital of approximately 32.536 billion yuan.
cgn power (01816) announced that on 21 August 2024, the board of directors reviewed and approved the plan of the engineering company and the...
Express News | CGN Power Co Ltd - Total Estimated Consideration of Contract Is RMB32,535.9108 Mln
Express News | CGN Power Co Ltd - Epc Contract