CHINA RES POWER (0836.HK): Power generation growth accelerates, increasing 2024 New energy Fund profits.

The growth of wind power generation since the second half of 2024 shows that the government is actively addressing the subsidy receivables for new energy from power generation companies and the completion status of the new energy installed capacity targets for the 14th Five-Year Plan. We are adjusting/upgrading/downgrading the company's forecasts for 2024-2026.

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Central Bank International: Next year, Nuclear Power prefers CGN MINING. In the Sector, recommend CHINA RES POWER and EB ENVIRONMENT.

ZhONGYIN International released a research report stating that it maintains a "Shareholding" rating for the CHINA POWER Sector; the CECEP Solar Energy Sector is rated "Neutral". Within its research scope, it prefers upstream Uranium mining companies rather than Nuclear independent power plants, therefore for next year, the first choice for Nuclear Power is CGN MINING (01164). As for the power sector, it recommends CHINA RES POWER (00836) and EB ENVIRONMENT (00257). The bank indicated that in 2025, it continues to be Bullish on the CHINA POWER Sector more than the CECEP Solar Energy Sector, despite the expectation of a continuous decline in the effective supply of the solar value chain under the increasing inventory pressure. However, the visibility of demand growth is lacking.

Sina Hong Kong StocksDec 11 14:22

Hong Kong stocks moving differently | Electric Power stocks are broadly rising today as provincial Trade plans are gradually introduced. Industry valuations have become sufficiently attractive.

Electric Power stocks rose today. As of the time of reporting, Huadian Power International Corporation (01071) increased by 2.4%, reaching HKD 3.84; CGN POWER (01816) rose by 1.82%, reaching HKD 2.79; CHINA POWER (02380) increased by 1.29%, reaching HKD 3.15; CHINA RES POWER (00836) rose by 1.28%, reaching HKD 19.04.

Zhitong FinanceDec 11 13:41

In "Big Money", China Merchants International: The first choice for Nuclear Power next year is CGN MINING (01164.HK), for the Electrical Utilities Sector recommend RUNSPOWER (00836.HK) and EB ENVIRONMENT (00257.HK).

Bank of China International has released a Research Report indicating a continued Bullish outlook for the CHINA POWER Sector over the CECEP Solar Energy Sector in 2025, despite expectations that the effective supply of the solar energy value chain will continue to decline under increasing inventory pressure. However, the lack of visibility on demand growth remains a major downside risk that the solar energy sector faces in turning around its disadvantages. Bank of China International believes that the power sector could maintain a good yield in 2025 and provide a hedging option for investors focusing on AH Stocks. Additionally, the bank anticipates that Nuclear Power will continue to be a market focus in 2025, gaining rare Global consensus support to increase its share in the energy structure.

AASTOCKSDec 11 10:21

CHINA RES POWER (00836): "22 CHINA RES Y3" will mature and be redeemed on December 12.

CHINA RES POWER (00836) announced that its wholly-owned subsidiary CHINA RES POWER Investment Co., Ltd. in 2022 has...

Zhitong FinanceDec 10 17:36

DBS: Sets the target for the Hang Seng Index at 21,300 points for next year, recommending china mobile, tencent, and BYD Electronics.

DBS released a report on the outlook for Hong Kong stocks next year, reiterating a positive stance on Hong Kong stocks, but has decided to lower the basic scenario target for the Hang Seng Index to 21,300 points, which corresponds to a forecasted pe of 9.9 times for next year. A target of 7,300 points for the National Index was given, corresponding to a forecasted pe of 8.6 times for next year, with an estimated probability of 60%. The bank expects that policies introduced by china to support the economy could help mitigate potential impacts from the usa, recommending a defensive strategy in the first half of next year by avoiding stocks with a high proportion of usa business, and focusing on quality growth stocks and those benefiting from policies. DBS set a "bull market" scenario target for the Hang Seng Index at 25,600 points (with an estimated probability of 25%).

Sina Hong Kong StockDec 6 16:03