02688 ENN ENERGY
- 77.000
- -1.200-1.53%
ENN ENERGY News
Hong Kong Stock Concept Tracking | Utilities welcome flexible adjustment window price increases or new support for dividend assets (with concept stocks)
The Zhitong Finance App learned that recently there has been frequent news of utility price increases, and water, electricity and gas prices have been adjusted in many parts of the country. Furthermore, the four high-speed rail fares of the Wuhan-Guangzhou High-Speed Rail, Shanghai-Hangzhou Passenger Railway, Shanghai-Kunming Passenger Railway, and Hangzhou-Ningbo Passenger Railway will open the price increase window in June, with an increase of about 19% to 20%. At the same time, the utility index has surged by more than 12% since this year. In terms of water prices, according to incomplete statistics from CITIC Securities, 24 municipal cities (regions) have adjusted tap water prices since 2022, and water price adjustments are continuing to advance. Among them, after entering 2024, the two major cities of Shanghai and Guangzhou have successively introduced water price adjustment plans. Water supply prices
Express News | ST Zhizhi: Shareholder Xinao Xinzhi plans to increase the company's shares by 50 million yuan to 100 million yuan
Overview of the Hong Kong market | The three major indices rose sharply in the afternoon, and high-interest concept stocks such as domestic banks, domestic insurance, and coal were strong throughout the day! CCB rose nearly 7%, and China's Shenhua rose mo
The trend of TechNet shares was divided. Bilibili fell more than 2% and Ali rose more than 1%; domestic housing stocks continued to rise, with Shimao Group rising 60% and Xuhui Holdings rising more than 11%.
Changes in Hong Kong stocks | China Gas (00384) rose more than 7%, leading the way in gas stocks, natural gas smooth prices, and the city fuel company may usher in an increase in performance
The Zhitong Finance App learned that gas stocks showed strong performance. As of press release, China Gas (00384) rose 6.98% to HK$8.12; Xinao Energy (02688) rose 5.39% to HK$76.3; Ganghua Smart Energy (01083) rose 3.95% to HK$3.16; and China Resources Gas (01193) rose 3.77% to HK$27.5. GF Securities pointed out that since 2023, domestic natural gas smooth price work has accelerated. Along with the National Development and Reform Commission issued guidance on upstream and downstream price linkage of natural gas in the first half of the year, many parts of the country have started gas sales price links for residential use
BlackRock increased its holdings of Xinao Energy (02688.HK) by 984,800 shares at a price of approximately HK$68.76 per share
According to the latest data from the Hong Kong Stock Exchange, on May 2, BlackRock increased its holdings of Xinao Energy (02688.HK) by 984,800 shares, at a price of HK$68.7637 per share, for a total amount of about HK$67.75,500. After the increase in holdings, the latest number of shares held was 569.697.77 million shares, and the latest shareholding ratio was 5.04%.
Xinao Energy (02688.HK) gains 984,800 shares from BlackRock
Glonghui, May 8 | According to the latest equity disclosure data from the Stock Exchange, on May 2, 2024, Xinao Energy (02688.HK) obtained BlackRock, Inc. increased its holding of 984,800 shares at an average price of HK$68.7637 per share on the market, involving approximately HK$67.755 million. After the increase in holdings, BlackRock, Inc.'s latest number of open positions was 569.98 million shares, and the holding ratio increased from 4.95% to 5.04%.
Xinao Energy (02688.HK) received 984,800 additional shares of common shares from BlackRock, worth approximately HK$67.75,500
On May 7, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 7, BlackRock, Inc. (BlackRock, Inc.) increased its share holdings of $Xinao Energy (02688.HK) by $984,800 on May 2 at an average price of HK$68.7637 per share, worth approximately HK$67.75,500. After the increase in holdings, BlackRock's latest shareholding was 56.968 million shares, and the good position ratio increased from 4.95% to 5.04%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals holding 5% or more of the shares)
CICC: Maintaining Xinao Energy's (02688) “outperforming the industry” rating, and raising the target price to HK$70
Xinao Energy's retail gas volume increased 2.7% year on year in the first quarter. Among them, industrial and commercial gas volume increased 2.9% year on year, and civilian gas volume increased 2.5% year on year.
Anxin International: Xinao Energy (02688) met expectations in the first quarter and is expected to improve year-on-year in the second quarter
Overall, Xinao Energy's (02688) quarterly report met expectations and provided greater visibility for achieving the goals for the whole year
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.
Express News | UBS: A slight increase in the target price of Xinao Energy to 72 Hong Kong heads of state's quarterly operating data is in line with expectations
Xinao Energy (02688.HK): 1Q24 gas volume +2.7% Pan-Energy and Smart Home businesses continue to maintain a relatively rapid growth rate
Recent developments in the company Xinao Energy announced 1Q24 operating data briefing. The retail volume of natural gas reached 7.24 billion square meters in 1Q23, +2.7% year-on-year, of which industrial and commercial gas volume was +2.9% year-on-year to 5.22 billion square meters, and civilian gas volume was +
ENN Energy Holdings (XNGSF) Gets a Hold From DBS
Xinao Energy (2688.HK): The benefits of stable operation have been reflected in stock prices to maintain a neutral rating
The business situation continued to stabilize in the first quarter. The company released operating data for the first quarter of 2024, showing an overall trend of continued stabilization. Retail gas volume increased moderately by 2.7% year on year, with industrial and commercial gas increasing by 2 percent during the period.
Featured announcements | The total amount of AIA share repurchase plans increased to US$12 billion; Sinopec's net profit for the first quarter decreased 8.9% year-on-year
China Shenhua's net profit for the first quarter was 15.884 billion yuan, a year-on-year decrease of 14.7%; China Life Insurance's net profit for the first quarter was 20.644 billion yuan, a decrease of 9.3% year-on-year.
ENN ENERGY(2688.HK):1Q24 OPERATIONAL DATA LARGELY ON TRACK
1Q24 operational data largely on trackENN Energy posted 29% YoY growth in energy
Xinao Energy (02688.HK)'s retail sales of natural gas in the first quarter increased 2.7% year-on-year to 7.237 billion cubic meters
On April 26, GLONGHUI | Xinao Energy (02688.HK) announced that in the three months ending March 31, 2024, the Group recorded retail sales volume of 7.237 billion cubic meters of natural gas, an increase of 2.7% over the previous year. Among them, the gas sales volume of industrial and commercial users recorded a 2.9% year-on-year increase to 5.224 billion cubic meters, while the gas sales volume for people's livelihood also increased 2.5% year-on-year to 1,947 billion cubic meters. During the period, the Group's newly developed projects for industrial, commercial and home users remained steady. Newly developed industrial and commercial users have installed a daily opening gas volume of 2,929,000 cubic meters, and newly developed households that have completed the project installation
Changes in Hong Kong stocks | Natural gas surplus price mechanism comprehensively boosts China Resources Gas (01193) up more than 4% Xinao Energy (02688) by more than 3%
Some gas stocks rose in early trading. As of press release, China Resources Gas (01193) rose 4.35% to HK$25.2; Xinao Energy (02688) rose 3.13% to HK$67.6; and Ganghua Smart Energy (01083) rose 1.3% to HK$3.12.
Haitong International: Gas prices are rising one after another across the country, and the gross margin of urban fuel companies is expected to gradually recover
The Zhitong Finance App learned that Haitong International released a research report stating that as of April 2024, 125 regions across the country have announced gas fee increases one after another. Among them, the Chengdu region increased 0.16 yuan/square meter, the Shenzhen region increased 0.31 yuan/square meter, the Tianjin region increased 0.29 yuan/square meter, and the Fuzhou region increased 0.45 yuan/square meter. The overall average increase was around 10%. It is recommended to focus on urban gas companies that benefit from the gradual realization of favorable prices on the residential side, account for a relatively large share of overseas gas purchases, and have excellent fundamentals and environmental, social, and governance performance
Changes in Hong Kong stocks | Xinao Energy (02688) rose more than 5%, and local gas price linkage mechanisms continue to promote, institutions are optimistic about boosting the performance of gas companies
The Zhitong Finance App learned that Xinao Energy (02688) rose by more than 5% and rose 5.21% at press time to HK$64.64, with a turnover of HK$21.6 million. According to the news, gas price adjustment plans for residential pipelines have recently been announced in many places, and the sales price of gas for residential pipelines has all been raised. Earlier, on March 15, the Shenzhen Municipal Development and Reform Commission issued the “Notice on Jointly Adjusting the Sales Price of Pipeline Natural Gas in Our City”, which raised the sales price of natural gas for residential and non-residential pipelines starting March 16. The adjustment amount was 0.31 yuan/cubic meter (that is, 10% of the first-tier gas price for residents). In addition, Xinghua City,
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