Merrill Lynch's investment rating and Target Price for the Utilities Industry (table)

Bank of America Securities released a research report, listing the investment ratings and target prices for Utilities Industry Listed in Hong Kong as follows: Stock | Investment Rating | Target Price (HKD) HUANENG POWER (00902.HK) | Buy | 5.2 HKD HUADIAN POWER (01071.HK) | Buy | 4.9 HKD CHINA RES POWER (00836.HK) | Neutral | 20.3 HKD CHINA POWER (02380.HK) | Neutral | 3.2 HKD CHINA LONGYUAN (00916.HK) | Underperform | 5.2 HKD DATANG RENEW (017

AASTOCKSApr 7 10:58

Hong Kong stocks closed (4.03) | The Hang Seng Index fell by 1.52% as the tariff policy implementation exceeded expectations, causing a sharp decline across Consumer Electronics and Apple Supplier stocks.

The 'reciprocal tariffs' in the USA exceeded expectations, and Hong Kong stocks were under pressure throughout the day, with all three major Indices closing in the red. The Hang Seng Index opened lower and at one point fell over 2%, while the Science and Technology Index dropped over 2% at the end of trading.

Zhitong FinanceApr 3 16:54

Hong Kong stock Concept tracking | The Shenzhen Development and Reform Commission will hold a hearing on the adjustment of tap water prices to streamline the water supply pricing mechanism (including related stocks).

The comprehensive price of tap water in Shenzhen is proposed to be adjusted from 3.449 yuan per cubic meter to 3.8991 yuan per cubic meter, an increase of 13.05%.

Zhitong FinanceApr 3 13:03

Honk Kong stocks are fluctuating丨Water Affairs Related stocks are rising against the trend, GUANGDONG INV is up about 3%, and the public hearing for the Shenzhen water price adjustment is approaching.

On April 3, according to Gelonghui, Hong Kong stocks related to Water Affairs Related rose against the trend, with BJ ENT WATER increasing by over 4%, Dongjiang Environmental and GUANGDONG INV rising nearly 3%, and EB ENVIRONMENT increasing by 1.7%. In terms of news, the Shenzhen Municipal Development and Reform Commission recently announced that a public hearing on the adjustment of Shenzhen's tap water prices will be held on April 11. According to two proposed pricing plans, the comprehensive price of tap water is expected to be raised by 13.1% from 3.449 yuan/cubic meter to 3.8991 yuan/cubic meter (including tax). Zhongtai International's Research Reports indicate that the expected upward trend in water prices will continue across the country, which can directly benefit water supply operators. In addition, the Central Office and State Office issued a document on ...

Gelonghui FinanceApr 3 10:59

Improving the pricing governance mechanism is expected to accelerate water price reform, benefiting water supply operators such as CHINA WATER (00855) and GUANGDONG INV (00270).

The General Office of the Communist Party of China and the General Office of the State Council issued the "Opinions on Improving the Price Governance Mechanism." The opinions mentioned optimizing the residents' tiered water, electricity, and gas pricing systems.

Zhitong FinanceApr 3 08:56

Hong Kong stocks movement | BJ ENT WATER (00371) rises over 3% with an annual dividend payout ratio increasing by 2.5% year-on-year. Institutions indicate that the company's profit decline is not concerning.

BJ ENT WATER Group (00371) rose over 3%, as of the time of writing, it increased by 2.68%, trading at 2.3 Hong Kong dollars, with a transaction amount of 21.3795 million Hong Kong dollars.

Zhitong FinanceApr 1 10:51