China Longyuan Power Relocates Hong Kong Office

TipRanksJan 10 16:37

Hong Kong stocks fluctuated | Electric Power stocks collectively declined. Long-term contract electricity prices were signed in Guangdong, Jiangsu and other regions. Institutions claim that electricity price risks are expected to be cleared.

The Electric Power stocks fell collectively. As of the time of reporting, Huadian Power International Corporation (01071) dropped by 3.75% to HKD 3.59; CHINA LONGYUAN (00916) fell by 3.28% to HKD 5.6; CHINA RES POWER (00836) decreased by 2.76% to HKD 16.94; Huadian Power International Corporation (00902) declined by 2.5% to HKD 3.9.

Zhitong FinanceJan 10 14:42

Counterpoint Research: By the first half of 2024, China will exceed 60% of the Global passenger electric vehicle market share.

Advanced technology, manufacturing automation, and the ability to provide feature-rich products at competitive prices have given Auto Manufacturers in China an advantage for Global expansion.

Zhitong FinanceJan 10 10:12

Active bidding for projects and stable wind turbine prices. Multiple wind energy manufacturers are Bullish about the market outlook. Supply and demand for large-megawatt components may tighten.

In 2024, the total bidding volume in the wind power market reached a new high, with manufacturers winning a total of 968 projects, amounting to a total scale of 197.3 GW, a year-on-year increase of 84.57%.

Zhitong FinanceJan 8 10:12

Express News | Soochow Securities: The pressure of green electricity consumption is gradually easing. It is recommended to pay attention to the national leading operators of green electricity.

BreakingsJan 8 08:06

Soochow: Optimize the Electrical Utilities system adjustment capacity and accelerate the construction of a new type of Electrical Utilities system.

As the development of green electricity continues to advance in quality, construction investment is stabilizing. With the enhancement of reasonable consumption and utilization capacity, the absorption of New energy Fund is expected to be optimized between 2025 and 2027.

Zhitong FinanceJan 7 16:06