Improvement in water supply situation, China Yangtze Power's net profit in the first half of the year increased by nearly 30% year-on-year | Interpretations of financial reports
① The water supply situation for hydropower has improved year-on-year, with China Yangtze Power earning more than 11 billion yuan in the first half of the year; ② In the first half of the year, the company installed 71.695 million kilowatts of domestic hydropower, accounting for 16.79% of the national hydropower installation.
Datang International Power Generation's net profit doubled year-on-year in the first half of the year. The situation of hydropower inflow continues to improve. | Interpretations
(1) Due to the decrease in fuel prices and the increase in the installed capacity of new energy, Datang International Power Generation's net profit for the first half of the year increased by over 100% year-on-year; (2) In terms of project reserves, the company's approved capacity for wind and solar projects in the first half of the year exceeded 4,000 megawatts, and the total capacity under construction exceeded 6,000 megawatts.
[Data analysis] Northbound funds have continuously increased their holdings in China Yangtze Power for three days, while institutional investors and speculative investors have rushed to grab shares in AI glasses concept stocks.
①Northbound funds have been net sold for many consecutive days, but dividend stock China Yangtze Power has been net bought for 3 consecutive trading days against the trend. ②AI glasses concept stocks surged, institutions and speculators actively snapped up, among which Huizhou Speed Wireless Technology received nearly 40 million buy-ins from two institutions.
Large buy report of northbound funds: China National Nuclear Power received a net purchase of 0.348 billion yuan.
On July 31st, northbound funds had a significant net buy-in of RMB 19.58 billion for the whole day.
[Data Analysis] Northbound funds continue to reduce holdings of China Yangtze Power, while the transaction volume of Saudi ETF has once again increased.
China Yangtze Power has experienced two consecutive trade days of net sell by Northbound funds. Two Saudi ETFs traded heavily, among which Saudi ETF (159329) saw a 393% increase in transaction volume compared to the previous period.
Mid-day review: Three major indices fall together, with the tech index falling nearly 2%. The network technology and autos sectors are weak, with XPeng and NIO Inc falling over 5%.
As of press time, the Hang Seng Index fell by 0.59%, the CSI 300 fell by 0.78%, and the ChiNext fell by 1.8%; Baidu fell by more than 3%, Ctrip Group fell by nearly 3%, and bilibili fell by more than 2%.