AI computing power supply remains severely insufficient, and the electricity shortfall may persist for several years.
Corporate AI applications are accelerating their deployment, yet computing power supply remains severely insufficient, with electricity shortages potentially persisting for several years.
CITIC Securities: Coal prices rose year-on-year in Q2, and monthly electricity tariffs rebounded in certain regions.
Overall, the power sector faces significant earnings pressure in the second quarter, but thermal power operations in regions with relatively high electricity consumption growth, such as Jiangsu and Zhejiang, are expected to gradually improve.
Zhitong HK Stock Connect Holdings Analysis | August 12
Stock Connect Holdings Analysis | August 11, 2026
Guosen Securities: Electricity prices are showing early signs of a cyclical reversal, potentially triggering a revaluation of power sector equities.
The bank believes that market electricity prices are showing early signs of a cyclical reversal.
Power Assets Holdings Stock Slips 1.0% in Hong Kong
This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Power Assets Holdings Ltd. slipped 1.0% to 58.20 Hong Kong dollars on what proved to be an
Hong Kong Stock Market Concept Tracker | New Electric Power System Development Plan Released! Power Sector May Enter a Period of Robust Growth (Including Related Concept Stocks)
On the afternoon of August 3, the National Development and Reform Commission and the National Energy Administration issued the '15th Five-Year Plan for the Development of a New-Type Power System.'
It is reported that the total scale of ultra-high-voltage projects under construction by State Grid Corporation during the 'Fifteenth Five-Year Plan' period will reach twice that of the 'Fourteenth Five-Year Plan' period.
Citing a report from State Grid Corporation of China, Caixin noted that during the 15th Five-Year Plan period (2026–2030), the total scale of ultra-high-voltage (UHV) projects under construction by State Grid will be twice that of the 14th Five-Year Plan period (2021–2025). To this end, State Grid will focus on key areas such as flexible HVDC transmission and centralized integration of offshore renewable energy, effectively ensuring the transmission and absorption of clean energy from large-scale bases located in desert, Gobi, and barren regions, as well as hydropower-wind-solar hybrid zones.
2025年度全国"5A"风电场名单公布!大唐、国能等27家业主上榜!
In the first half of the year, coal-fired power generation accounted for less than 50% of China's total electricity output for the first time.
According to a press briefing held by the National Energy Administration, China’s coal-fired power generation reached 2.5 trillion kilowatt-hours in the first half of this year, accounting for 49.7% of total electricity generation—a decline that marks the first time the share has fallen below 50% in a six-month period, signifying a new milestone in China’s green and low-carbon energy transition. Meanwhile, renewable energy accounted for more than 40% of total generation for the first time. In the first half of this year, national renewable electricity output totaled nearly 2 trillion kilowatt-hours, representing 41.2% of total generation and meeting nearly 40% of the country’s overall electricity demand. Of this, wind and solar power combined generated over 1.2 trillion kilowatt-hours, equivalent to approximately one-quarter of total societal electricity consumption.
Huadian International Power Co., Ltd. (01071) completed the issuance of RMB 1.3 billion in corporate bonds.
Huadian International Power Co., Ltd. (HKEX: 1071) announced that the Company has recently completed the issuance of Huadian International Power Co., Ltd.'s 2026 Publicly Offered Innovation-Driven Perpetual Corporate Bonds to Professional Investors (Series I) (the "Bonds"). The aggregate principal amount of the Bonds is RMB 1.3 billion, with a term of 2+N years, a face value of RMB 100 per unit, and a coupon rate of 1.63%.
Huadian Power International (600027.SH): Chairman proposes that the company implement a mid-year profit distribution plan for 2026.
Gelonghui, July 28 — Huadian International (600027.SH) announced that, in order to genuinely reward its investors, share the company’s operating results with all shareholders, continuously enhance the company’s investment value, strengthen investors’ sense of gain, and bolster confidence in the company’s future development, and in light of the company’s current sound operational performance, financial condition, and future development plans, Mr. Liu Lei, Chairman of the Company, has proposed that, subject to compliance with relevant laws, regulations, and the profit distribution policies stipulated in the Company’s Articles of Association, the Company implement a mid-year profit distribution plan for 2026 based on the total number of shares outstanding as of the record date for such distribution, and distribute dividends to all
Zhitong HK Connect Shareholding Analysis | July 28
Stock Connect Holdings Analysis | July 27, 2026
China Huadian International (600027): Strong electricity prices have partially eased the pressure on power generation volume, while deteriorating green‑energy costs are constraining earnings expectations.
Event Description: The company announced its power generation output, grid-connected electricity prices, and unit commissioning schedule for the first half of 2026: In the first half of 2026, cumulative power generation reached 107.785 billion kWh, down approximately 10.65% year over year.
Huadian Power International (600027.SH): Generated a cumulative 107.785 billion kilowatt-hours of electricity in the first half of the year
Gelonghui, July 24 — Huadian Power International (600027.SH) announced that, based on consolidated financial statements prepared under Chinese Accounting Standards, the company generated a cumulative electricity output of 107.785 billion kilowatt-hours in the first half of 2026, representing a decrease of approximately 10.65% compared to the same period last year. The company’s grid-connected electricity volume amounted to 101.038 billion kilowatt-hours, down by approximately 10.82% year-on-year. The decline in both electricity generation and grid-connected volume during the first half of 2026 was primarily attributable to favorable hydrological conditions in hydropower-rich regions, continued expansion of installed renewable energy capacity, and newly added coal-fired power capacity, all of which collectively displaced generation from existing units.
GTJA Hong Kong Stock Investment Diary | July 23
Hong Kong Stock Investment Journal | July 23, 2026
CLP Holdings Stock Advances 1.0% in Hong Kong
This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of CLP Holdings Ltd. inched 1.0% higher to 77.50 Hong Kong dollars on what proved to be an all-
Bidding opened for 79.7 GW of photovoltaic module centralized procurement by 11 state-owned central enterprises, with TCL Zhonghuan provisionally ranked first in terms of awarded capacity.
Gelonghui, July 22 — Tendering for the centralized procurement of photovoltaic modules for 2026–2027 has been progressively completed. According to official announcements and data from bidding platforms, as of July 15, 2026, eleven state-owned enterprises and central government-administered enterprises—including China National Coal Group, PowerChina, China Huadian Corporation, Beijing Energy Group, China Petroleum & Chemical Corporation (Sinopec), China Huaneng Group, China General Nuclear Power Group (CGN), Datang Group, GD Power Development Company (a subsidiary of State Power Investment Corporation), Guangdong Energy Group, and Zhejiang Communications Investment Group—have finalized their module tenders. These tenders comprised a total of 33 bidding packages, with an aggregate awarded capacity of 79.7 GW. Additionally, Sheneng Group and China Resources Group have combined module projects totaling 6.4 GW that remain under tender.
Power Assets Holdings Stock Climbs 3.0% in Hong Kong
This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Power Assets Holdings Ltd. rose 3.0% to 59.80 Hong Kong dollars on what proved to be an all-
Huadian Power International Raises 1.5 Billion Yuan via 110-Day Bond Issue
Huadian Power International (SHA:600027) raised 1.5 billion yuan via the issuance of 110-day bonds carrying a 1.34% coupon rate.Proceeds will be used for debt repayment and to supplement working
Zhito HK Connect Holdings Analysis | July 9
Stock Connect Holdings Analysis | July 8, 2026