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?
