[Brokerage Focus] Guoyuan International: Interest rate cuts are bullish for electrical utilities' valuation reassessment, recommending CGN Power (01816) and others.
Jingu Finance News | Guoyuan International issued a report stating that on September 19th, Beijing time, the Federal Reserve held an interest rate meeting, cutting the federal funds rate by 50 basis points to 5.75%-5.0%. On September 24th, the State Council Information Office held a press conference on financial support for high-quality economic development. Pan Gongsheng, the Governor of the Central Bank, stated at the meeting: the reserve requirement ratio will be reduced by 0.5 percentage points in the near future, providing about 1 trillion yuan of long-term liquidity to the financial market. Depending on the liquidity situation in the market for the rest of the year, there may be a further reduction of 0.25 to 0.5 percentage points in the reserve requirement ratio; the central bank will also reduce the amount of central silver.
[Brokerage Focus] Haitong Int'l: The start of interest rate cuts in the USA brings new opportunities to the electrical utilities sector. It is recommended to pay attention to Huaneng Power International,Inc. (00902) and others.
Golden Sense Financial News | Haitong Int'l reported that the US interest rate reduction cycle is usually favorable to the electrical utilities sector, mainly due to the weakening coal prices. Last week, the Fed announced a 50 basis point interest rate cut. Historical data shows that during the interest rate reduction cycles in 2001-2003, 2007-2008, and 2019-2020, the electrical utilities sector has demonstrated good fundamental trends. During these periods, the global economy was weak, leading to a decline in coal prices, thereby increasing the profit stability of electrical utilities companies. As we enter 2024, a new interest rate reduction cycle may once again bring new investment opportunities for the electrical utilities sector. The bank stated that currently, the valuation of leading electrical utilities com
Hong Kong stock concept tracking | Nuclear power revival? Reports of 14 global financial giants supporting nuclear energy development. Institutions suggest focusing on these two growth opportunities (with concept stocks).
Guolian Securities pointed out that in 2024, the nuclear power industry will enter a peak investment period.
Taking advantage of negative electricity prices! A major transformation is happening in the global electrical utilities market...
①Nowadays, when some consumers use electricity, they often can also earn money; ②During most of this spring and summer, Dutch resident Jeroen van Diesen has been 'rewarded' by using electricity.
Electric power stocks are strong, CGN Power (01816) rose by 5.24%, with a 14% year-on-year increase in total national installed power generation capacity in the first 8 months.
Jinwu Finance News | Electric power stocks are strong, CGN Power (01816) rose 5.24%, BJ Energy Intl (00686) rose 4.76%, Huadian Power (01071) rose 4.62%, Huaneng Power (00902) rose 3.76%, China Res Power (00836) rose 3.54%, Datang International Power Generation (00991) rose 2.17%. In terms of news, the National Energy Administration released national electrical utilities industry statistics for the period of January to August. As of the end of August, the cumulative installed capacity for power generation in the country is approximately 3.13 billion kilowatts, a 14.0% increase compared to the previous year. Among them, solar
The national cumulative installed capacity of power generation increased by 14% year-on-year in the first 8 months, and China Huadian International Power rose by nearly 6%.
① In the first 8 months of 2024, which type of energy equipment achieved significant growth in installed capacity? ② For listed companies in the electrical utilities industry, what are the investment institutions' expectations for future market performance?
