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.

Zhitong FinanceApr 30 17:38

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.

Zhitong FinanceApr 29 11:19

CGN Power (1816.HK): Performance is in line with expectations, steady growth with low waves

Introduction to this report: The company's 1Q24 performance improvement mainly benefited from improved expenses and increased return on investment; performance constraints were weakened, and growth was sustainable. Summary: Maintaining the “Overweight” Rating: Maintaining EPS 2024-2026

國泰君安Apr 28 15:26

China General Nuclear Power Company (003816): Performance is in line with expectations and has both steady growth

Introduction to this report: 1Q24 performance growth is related to cost improvements and increased return on investment; the company has both steady and growing, and the growth is impressive. Investment Highlights: Maintaining an “Overweight” Rating: The company's growth continues to be considerable, maintaining 2024

國泰君安Apr 27 16:41 · Researches

CGN Power (01816): Shareholder Hengjian Investment completed the issuance of non-public exchangeable corporate bonds

According to the Zhitong Finance App, CGN Power (01816) issued an announcement stating that Guangdong Hengjian Investment Holdings Co., Ltd. (Hengjian Investment), a shareholder holding 5% or more of the company's shares, plans to issue non-public exchangeable corporate bonds using some of the company's A-shares as the target. The company recently received a notice from Hengjian Investment. The issuance of this exchangeable corporate bond was completed on April 25, 2024. The bond is “24 Hengjian EB” for short, and the bond code is “117221.SZ”. The actual issuance scale is 2 billion yuan. The bond period is 3 years, and the coupon interest rate is 0.01%. The initial exchange of shares in this exchangeable bond

Zhitong FinanceApr 26 19:48

China General Nuclear Power (003816): Growth slowed in the first quarter due to increased overhauls, and the Taishan unit resumed normal operation

The construction and security business contributed to revenue growth, and net profit growth to mother slowed down due to increased overhauls. In the first quarter of 2024, the company achieved revenue of 19.182 billion yuan (+4.88%), mainly the same revenue from the building installation and design service business

國信證券Apr 26 11:06 · Researches