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Cathay Pacific Junan: 24Q1 Thermal Power Profits Continue to Repair Scenery and Performance Differentiation
1Q24 thermal power and transformation sector performance continued to recover, new energy performance was divided, and hydropower and nuclear power grew steadily.
Intraday Overview | Hong Kong stock trends diverge, high dividend concept carnival; domestic housing stocks skyrocketed, Shimao Group rose more than 50%
The Hong Kong Stock Exchange rose more than 6%. Reports say Hong Kong Stock Connect's dividend tax may be reduced, and the listing of Saudi companies in Hong Kong is just around the corner.
CGN and EDF sign letter of intent for cooperation
GLONGHUI, May 8 | CGN News, on May 6, local time, CGN Chairman Yang Changli and EDF Chairman and CEO Luc Raymond signed a “Letter of Intent on Deepening Cooperation in the Field of Nuclear Energy”. The two sides will further expand and strengthen cooperation in nuclear power project construction, talent development, EPR operation, and leadership development in the field of nuclear power operation to achieve common development.
Express News | Ministry of Finance: From January to March, the total revenue of state-owned and state-owned enterprises across the country increased by 3.2% year on year, and total profit increased 2.8% year on year.
China Telecommunication Union: In the first quarter, electricity trading centers across the country organized a total of 1424.84 billion kilowatt-hours and an increase of 7.7% year-on-year
On April 30, the China Telecommunication Union released a summary of the national electricity market transactions from January to March 2024.
Bank of China International: Reiterates CGN Power's (01816) “Buy” Rating Target Price Increase to HK$3.2
Based on CGN's potential to double its installed capacity in the next ten years, the bank raised the target price of CGN electricity to HK$3.2, reaffirming the “buy” rating.
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