The Electrical Utilities Sector rose in the afternoon, with the New energy Fund hitting the daily limit, and multiple stocks such as Huadian Liaoning Energy rising over 5%.

On December 27, Gelonghui reported that the A-share power sector rose in the afternoon, with New Energy Fund hitting the limit up. Hunan Chendian International Developmentco.,ltd, Shimao Energy, Jointo Energy Investment, and Datang Huayin Electric Power all rose over 5%, while Shenzhen Nanshan Power, Guangdong Meiyan Jixiang Hydropower, and others followed suit. In terms of news, the National Development and Reform Commission publicly sought opinions on the "Opinions on Deepening and Enhancing the Service Level of 'Obtaining Electricity' to Fully Create a Modern Electricity Business Environment (Draft for Comments)". It was mentioned that by 2029, a modern electricity business environment characterized by convenience in obtaining electricity, high-quality power supply, green electricity consumption, inclusive services, and collaborative regulation would be basically established in the country.

Gelonghui FinanceDec 27, 2024 13:30

Some Electric Power stocks in the A-shares market surged: Jointo Energy Investment jumped by the daily limit, Jiangxi Ganneng rose over 8%.

Glonghui December 24 | In the A-share market, some Electric Power stocks rose in the afternoon, among which, Jointo Energy Investment hit the daily limit, Jiangxi Ganneng rose over 8%, Guangxi Guiguan Electric Power, Sichuan Mingxing Electric Power, Dalian Thermal Power, China Southern Power Grid Energy Storage, Shanghai Electric Power, and others followed suit. In terms of news, the National Energy Administration released data showing that in the first 11 months, the total electricity consumption in society reached 8968.6 billion kilowatt-hours, a year-on-year increase of 7.1%. Among these, electricity consumption in the primary industry rose by 6.8% year-on-year, in the secondary industry by 5.3%, and in the tertiary industry by 10.4%.

Gelonghui FinanceDec 24, 2024 14:14

Express News | The Electrical Utilities Sector experienced a sudden increase, with Jointo Energy Investment hitting the daily limit up.

BreakingsDec 24, 2024 13:59

Express News | Jointo Energy Investment: The asset-backed special plan (type REITs) project has been completed.

BreakingsDec 20, 2024 18:17

Express News | Jointo Energy Investment: Class REITs project completed, with a total issuance amount not exceeding 4.49 billion yuan.

BreakingsDec 20, 2024 18:15

Jointo Energy Investment (000600): Block Orders in Hebei benefit from peak demand.

Jointo Energy Investment's controlled and holding power plants have all started construction, and they are expected to successively go into production in 2025-2026, with the installed capacity of thermal power likely to continue expanding. Hebei's electricity consumption from January to October 2024 increased by 5.79% year-on-year, highlighting peak demand for thermal power amid a winter electricity shortfall.

HTSCDec 16, 2024 00:00