No Data
No Data
ENN Energy Announces Privatization Proposal and Potential Delisting
[Brokerage Focus] CITIC SEC: The price difference settlement mechanism is expected to support electricity prices and profitability after the New energy Fund enters the market.
Jinwu Financial News | CITIC SEC stated that New energy Fund price difference contracts have been widely applied in various countries in Europe, promoting investment enthusiasm by locking in electricity prices and profit expectations for operators, thereby facilitating the transformation of the energy structure. Our country plans to promote the full market entry of new energy and establish a settlement mechanism for New energy Fund price differences to alleviate the profit pressure on green power operators caused by increased market transactions and reduced prices. The specific effects will depend on the actual policies in different regions. The bank calculates that the impact of price difference settlement costs on terminal electricity prices is extremely limited when measured from the perspective of total electricity consumption in society. Increased participation of New energy in the spot market may lead to a decrease in average prices and increased volatility, with the specific impact depending on market
ENN ENERGY: Annual Report 2024
[Brokerage Focus] CITIC SEC points out that Hong Kong stocks are undervalued in green energy, with valuations having a margin of safety and the expectation for policy improvement.
Jinwu Financial News | According to CITIC SEC Research Reports, from January to February 2025, the overall electricity consumption is expected to grow by 1.3% year-on-year, with a modest growth rate mainly due to warmer winter temperatures and the high base effect from last year's leap year. The growth rate of electricity consumption in the secondary and tertiary sectors, as well as residential use, has all decreased month-on-month; the growth rates in high-energy-consuming regions and coastal areas have both slightly declined. On the supply side, investments in thermal and Nuclear Power have significantly accelerated, while the power grid has continued the strong growth trend seen since 2024, with investment amounts showing a year-on-year growth rate of 33.5%; compared to 2024 data, investments in thermal and Nuclear Power have notably accelerated, but the overall growth rate of power source investments has slowed.
Trending Industry Today: CHINA LONGYUAN Leads Losses In Green Energy Stocks
Trending Industry Today: WEICHAI POWER Leads Losses In Hydrogen Energy Stocks