Huadian International Power Co., Ltd. (01071.HK): A cumulative total of 56.16 million megawatt-hours of power generation was completed in the first quarter
Gelonghui, April 18, 丨 Huadian International Electric Power Co., Ltd. (01071.HK) issued an announcement. As of March 31, 2024, the Group had completed a cumulative total of 56.16 million megawatt-hours of power generation in the first quarter of 2024 calculated according to China's accounting standards, a decrease of about 0.19% over the same period last year; completed feed-in capacity of 52.48 million megawatt-hours, a decrease of about 0.30% over the same period last year. In the first quarter of 2024, the Group's average feed-in tariff was approximately RMB 509.31 per MWH.
長江基建集團:二零二三年年報
港燈-SS:2023年年報
Changes in Hong Kong stocks | Electricity stocks fell across the board, Datang Power Generation (00991) fell more than 3% monthly, and spot electricity prices continued to fall month-on-month
Electricity stocks declined across the board. As of press release, Datang Power (00991) fell 3.27% to HK$1.48; Huaneng International (00902) fell 3.15% to HK$4.92; and Huadian International (01071) fell 3.08% to HK$4.4.
Bank of America Securities: Maintaining Huaneng International Electric Power (00902.HK)'s “Buy” Rating and Raising the Target Price to HK$5.6
Bank of America Securities released a research report stating that it maintains the “buy” rating of Huaneng International Power (00902.HK), and it is expected that thermal power generation profits will recover further in the future. Results for the previous quarter are expected to be steady, with net revenue rising 43% year over year to RMB 3.2 billion, with a profit estimate of RMB 0.2 per share, and the target price raised from HK$5.2 to HK$5.6.
Express News | Morgan Stanley upgraded China Resources Power Holdings Limited's rating to overrated; target price was HK$22.60.