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Strategic expansion by an energy giant? CATL invests in a nuclear fusion company for the first time—why did it choose Beta Fusion?
① Beta Fusion was established on December 29, 2025, with a registered capital of RMB 1 million. Its legal representative is Cao Zhiping, who is also the company's actual controller, founder, and CEO. ② As AI computing power drives rising electricity consumption, data centers are facing increasingly urgent demand for clean power at the hundred-megawatt scale, creating a pressing need for more diverse energy solutions.
CGN New Energy's May Power Output Falls 9.5%
Hong Kong-listed nuclear power stocks rose as the only operating commercial uranium enrichment plant in the U.S. announced a major expansion, driving uranium prices sharply higher.
Huayuan Securities stated in a research report that, against the backdrop of rigidly rising electricity demand driven by AI, nuclear power and uranium are upgrading from 'optional energy sources' to 'strategic necessities,' with their long-term pricing power, cash flow stability, and capital appeal poised for systemic enhancement.
Zhitong Hong Kong Stock Investment Diary | June 3
Hong Kong Stock Investment Journal | June 3, 2026
CGN New Energy Shareholders Approve All AGM Resolutions, Renew Capital Mandates
Soaring oil prices have ignited a surge in new energy enthusiasm, with the IEA forecasting that the global share of electric vehicles will reach 30%.
① The International Energy Agency (IEA) forecasts that battery electric vehicles and plug-in hybrid electric vehicles will account for nearly 30% of global car sales in 2026, as the Middle East energy crisis drives up fuel prices and declining battery costs stimulate demand. ② Global electric vehicle sales surpassed 20 million units in 2025. The IEA expects sales to rise further this year to 23 million units, with sales in the Asia-Pacific region projected to grow by more than 50%.