02380 CHINA POWER
- 3.130
- -0.040-1.26%
CHINA POWER News
Express News | Cathay Pacific Fund completes industrial and commercial changes, and Zhou Xiangyong is already the chairman
中國電力：2023年報
Express News | Chinese company starts construction of photovoltaic power plant project in Algeria
Hong Kong power stocks strengthened. Huaneng International Power rose more than 6%, Datang Electric Power rose more than 4%, and Huadian Power and China Electric Power followed suit.
Hong Kong power stocks strengthened. Huaneng International Power rose more than 6%, Datang Electric Power rose more than 4%, and Huadian Power and China Electric Power followed suit.
Express News | National Energy Administration: By the end of March, the country's cumulative installed power generation capacity was about 2.99 billion kilowatts, an increase of 14.5% over the previous year
Is it right time for domestic equipment companies to set off a wave of grid renewal in Europe and the US?
Under the new energy transformation process, demand for grid connection has increased, but looking at many regions around the world, it is difficult for old grid infrastructure to carry the demand for new energy to be connected to the grid. As a result, it has become a major obstacle to the clean energy transition — the burning fire of clean energy connected to the grid has already spread all over Europe and the US.
Express News | The “Quota for New Energy Storage Projects” compiled by Yongfu Co., Ltd. was successfully released
China Electric Power (02380.HK) issues 1 billion yuan of corporate bonds
Gelonghui, April 19, 丨 China Electric Power (02380.HK) announced that on April 19, 2024, the company has issued the second issue of corporate bonds (corporate bonds - 2024 issue 2) on the Shanghai Stock Exchange, with a principal amount of RMB 1 billion, a coupon interest rate of 2.39% per year for a period of 3 years.
China Electric Power (2380.HK): Coal and electricity profits continue to recover, and new energy installations accelerate
Water depletion in 2023 affected performance: In 2023, the company achieved revenue of 44.262 billion yuan, an increase of 1.3% year on year, and profit to mother was 2.66 billion yuan, an increase of 7.2% year on year. Split of net profit attributable to parent segment:
China Power International Development's Electricity Sales Rise 25% in March; Q1 Sales Up 32%
China Power International Development's (HKG:2380) electricity sold rose 25% to 10.5 million megawatt-hours in March from 8.4 million megawatt-hours in the year-ago period, according to a Tuesday fili
China Electric Power (02380.HK): Stable profit prospects in 2024 “buy”
Earnings in 2023 fell short of expectations. China Electric Power (the “Company”) announced profit of RMB2.66 billion for 2023, lower than our expectations, mainly due to asset amortization of RMB650 million and losses in the hydropower sector
A quick overview of the Hong Kong market | The three major indices closed up slightly, and the Hang Seng Index stopped falling for 4 consecutive years
Semiconductor stocks strengthened, with Shanghai Fudan up more than 8%; heavy infrastructure stocks rose, with China Metallurgical, China Railway, and China Communications Construction up about 3%.
Selected announcements | China Electric Power's Q1 electricity sales increased by more than 30%; China Coal Energy's Q1 commercial coal sales fell by about 15%
Xinhua Insurance: Q1 received an 11.7% year-on-year decrease in total premium income; Meituan spent about HK$399 million to repurchase 4 million shares.
China Electric Power (02380.HK)'s consolidated total electricity sales volume of 10.55 million megawatt-hours in March increased 25.31% year-on-year
Gelonghui, April 16, 丨 China Electric Power (02380.HK) announced that the combined total electricity sales volume of the company and its subsidiaries in March 2024 was 10,545,635 megawatt-hours, an increase of 25.31% over the same period last year; while the total consolidated electricity sales volume for the first three months of 2024 was 29,970,060 megawatt-hours, an increase of 31.99% over the same period last year.
Express News | National Bureau of Statistics: In March, the regulated industrial power generation capacity of 747.7 billion kilowatt-hours increased 2.8% year-on-year
Hong Kong Stock Announcement Nuggets | The total original premium income of the three major subsidiaries of the China People's Insurance Group increased 1.32% year-on-year to 253,031 billion yuan in the first three months
China Financial Insurance (02328)'s total insurance premium income of 173,977 billion yuan in the first three months increased 3.8% year on year; Huaneng International Power Co., Ltd. (00902) completed feed-in power generation of 113,036 billion kilowatt-hours in the first quarter, up 5.63% year on year
China Electric Power (02380.HK) subsidiary signs a BESS sales contract with Shandong Ludian
Gelonghui, April 15, 丨 China Electric Power (02380.HK) announced that on April 15, 2024, Xinyuan Smart Storage (a subsidiary of the company), as the seller, signed a BESS sales contract with Shandong Ludian. According to this, Xinyuan Smart Storage will provide energy storage system equipment and components and related services for the Atacama project at a cost of RMB 382 million. The Atacama project refers to Shandong Ludian's 110 MW/220 MW energy storage project located in Tira-Amarilla, Copiapo Province, Chile. Providing information related to energy storage systems for the Atacama project
China Electric Power (2380.HK): Scenery profits are growing rapidly, and hydropower profit recovery can be expected
Key investment points The 2023 performance fell short of expectations, and the dividend rate increased to 60%: in 2023, the company achieved revenue of 44.262 billion yuan, an increase of 1.31% over the previous year; realized profit attributable to equity owners of 3.084 billion yuan, same
Hong Kong power stocks fluctuated and rose. Huaneng International Power rose more than 3%, Huadian Power rose more than 2.5%, and China Resources Electric Power and China Electric Power all rose more than 1.5%.
Hong Kong power stocks fluctuated and rose. Huaneng International Power rose more than 3%, Huadian Power rose more than 2.5%, and China Resources Electric Power and China Electric Power all rose more than 1.5%.
Changes in Hong Kong stocks | Huadian International (01071.HK) rose more than 4%, led the rise in power stocks, coal prices fluctuated in the off-season, and the profitability of thermal power operators continued to recover
Power stocks rose again. As of press release, Huadian International (01071.HK) rose 4.37% to HK$4.78; Huaneng International (00902.HK) rose 3.14% to HK$5.25; China Resources Power (00836.HK) rose 1.35% to HK$19.52; and China Electric Power (02380.HK) rose 1.24% to HK$3.26.
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