00836 CHINA RES POWER
- 21.800
- +0.300+1.40%
CHINA RES POWER News
Express News | China Resources 39: Signed the “New Energy Power Generation Project Cooperation Agreement” with China Resources Electric Power
Express News | China Resources 39: Signed a new energy power generation project cooperation agreement with China Resources Electric Power
Express News | CITIC Construction Investment: The power equipment sector excels and has entered a long boom cycle
A quick look at the Hong Kong market | The three major indices have risen one after another. Technology Network stocks and power stocks are popular. Bilibili has risen more than 6%, and Huadian International has risen nearly 8%
Biotech stocks had mixed ups and downs. Pharmaceutical and Ming Union fell%, and Jinxin Fertility rose%; shipping stocks rose, with Dongfang Overseas International, COSCO Marine Control, and COSCO Marine Energy up nearly 6%.
Changes in Hong Kong stocks | Huadian International (01071) rises nearly 7%, leading power stocks, China Telecommunication Union expects electricity consumption growth to exceed 8% in the first half of the year
The Zhitong Finance App learned that power stocks continued to rise in early trading. As of press release, Huadian International (01071) rose 5.99% to HK$4.6; Huaneng International (00902) rose 4.72% to HK$5.33; Datang Power (00991) rose 3.77% to HK$1.65; and China Resources Electric (00836) rose 2.13% to HK$21.55. According to the news, recently, the China Telecommunication Union released the “National Electricity Supply and Demand Situation Analysis and Forecast Report for the First Quarter of 2024”. The report predicts that the entire society will consume 9.8 trillion kilowatt-hours of electricity in 2024, an increase over 2023
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.
Changes in Hong Kong stocks | China Resources Electric (00836) rose more than 5%, leading the way, rumors of dividend tax relief for power stocks boosted sentiment, agencies say power companies' dividend rates are expected to increase
The Zhitong Finance App learned that power stocks rose in early trading. As of press release, China Resources Power (00836) rose 5.03% to HK$20.9; Huadian International (01071) rose 3.63% to HK$4.28; Huaneng International (00902) rose 3.7% to HK$5.04; and Datang Power (00991) rose 3.27% to HK$1.58. According to the news, yesterday evening, news about “the dividend tax to be paid by mainland individual investors to invest in Hong Kong stocks may be considered for reduction” quickly spread in the industry. However, this has not been officially confirmed. CICC believes that if Hong Kong stocks prosper
Hong Kong power stocks fluctuated and rallied. China Resources Electric Power rose more than 5%, Huaneng International Power rose more than 3%, and China Electric Power, Datang Power, and Huadian Power all rose more than 2%.
Hong Kong power stocks fluctuated and rallied. China Resources Electric Power rose more than 5%, Huaneng International Power rose more than 3%, and China Electric Power, Datang Power, and Huadian Power all rose more than 2%.
Zhitong Hong Kong Stock Market Unravels | Fishtail Prickly Market Returns to High Dividends, Multiple Benefits Stimulate Medicine
Sure enough, the “fish tail is prickly” market. Both markets have adjusted today, and the net sales of Northbound Capital today were 4,044 billion yuan. The Hang Seng Index closed down 0.90%, falling below the 5-day EMA.
China Resources Electric Power (00836.HK) appoints Wei Weifeng as company secretary
Gelonghui May 8 | China Resources Electric (00836.HK) announced that Su Yaofeng has resigned as company secretary since May 8, 2024. On the same day, it was announced that Wei Weifeng has been appointed as company secretary with effect from May 8, 2024.
China Resources Electric Power (0836.HK): Profits continue to improve, dividends continue to rise
Falling fuel costs have boosted profits. In 2023, the company achieved revenue of HK$103.334 billion, which is basically the same as the previous year. Of these, thermal power and renewable energy achieved revenue of HK$800.53/23.281 billion respectively
Daehan Rating | Daiwa: Downgraded Rundian Rating to “Hold” Target Price Slightly to HK$20
Gelonghui, May 6 | Yamato released a report stating that coal prices fell in the first quarter of this year, and profits of independent coal-fired power producers (IPP) rose sharply. Rundian's stock price has risen 22% year to date, outperforming Huaneng Guodian, which has risen 17%. Despite Rundian's low leverage ratio, coal-fired power generation accounts for only 72%, compared to Huaneng Guodian's share of 88%. The bank estimates that the downward trend in coal prices has been reflected in stock prices. Recently, coal prices have rebounded, and Rundian may face a high base for profit in the third quarter. Rundian's wind power generation increased 17% year-on-year in the first quarter, superior to the industry's Longyuan Electric Power and Datang New Energy, partially offsetting electricity prices
Yamato: Downgraded China Resources Electric Power's rating to “hold” and slightly reduced the target price to HK$20
Daiwa released a research report stating that China Resources Power's rating was lowered from “outperforming the market” to “holding”, and the target price was slightly reduced from HK$20.4 to HK$20. Investors were advised to leave the market profitably. The priority updates for China's independent power generation industry were hydropower, coal-fired power plants, nuclear energy, and renewable energy, respectively. Coal prices fell in the first quarter of this year, and the profits of independent producers of coal-fired power generation increased sharply. The downward trend in coal prices in this bank is already reflected in stock prices. Recently, coal prices have rebounded, and Rundian may face a high base for profit in the third quarter.
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.
Changes in Hong Kong stocks | Huaneng International rose more than 4% to lead power stocks. Demand for electricity exceeded expectations compounded the decline in coal prices. Many thermal power companies performed well in Q1
Power stocks rose collectively. As of press release, Huaneng International (00902) rose 3.93% to HK$5.02; Huadian International (01071) rose 2.91% to HK$4.25; and Datang Power (00991) rose 2% to HK$1.53.
China Resources Electric (00836): “21 China Resources 02” will pay interest on May 6
According to the Zhitong Finance App, China Resources Electric Power (00836) announced that China Resources Electric Power Investment Co., Ltd. will publicly issue corporate bonds (Phase 1) (Type 2) to professional investors in 2021 starting May 6, 2024 and paying interest for the period from May 6, 2023 to May 5, 2024 (hereinafter referred to as the “current year”). The current bond is abbreviated as “21 China Resources 02”. The total amount issued is RMB 1 billion. The bond term is 5 years, and the coupon interest rate is 3.6%. Each 10 “21 China Resources 02” has a face value of 1,000 yuan and an interest of 36 yuan (tax included). Non-resident companies
GF Securities: Stable coal prices start a new thermal power trilogy
Currently, thermal power is in a “moment of disagreement” from cycle to value. It is recommended to pay attention to the industry trend where coal prices are stabilizing, and pay more attention to the verification and pricing opportunities of thermal power utilities under increased ROE stability.
華潤電力：2023年報
China Resources Power Subsidiary Power Plant Output Up 1% in March
China Resources Power Holdings' (HKG:0836) net generation of subsidiary power plants in March increased 1.2% year over year to 16.6 million megawatt-hours, according to a Thursday Hong Kong bourse fil
On April 25, China Resources Power announced on the Hong Kong Stock Exchange that in March 2024, the electricity sales volume of affiliated power plants reached 16.614,300 megawatt-hours, an increase of 1.2% year-on-year. The electricity sales volume of a
On April 25, China Resources Power announced on the Hong Kong Stock Exchange that in March 2024, the electricity sales volume of affiliated power plants reached 16.614,300 megawatt-hours, an increase of 1.2% year-on-year. The electricity sales volume of affiliated wind farms reached 4.613,700 megawatt-hours, an increase of 30.8% year-on-year; the electricity sales volume of attached photovoltaic power plants reached 571,000 megawatt-hours, an increase of 262.5% year-on-year. The cumulative electricity sales volume of affiliated power plants reached 49.2584 million megawatt-hours in the first quarter, up 5.2% year on year, with cumulative electricity sales of attached wind farms reaching 11.961 million megawatt-hours, an increase of 16.7% year on year; the cumulative sales volume of attached photovoltaic power plants reached 12
Analysis
Price Target
No Data
