00916 CHINA LONGYUAN
- 6.700
- -0.090-1.33%
CHINA LONGYUAN News
Express News | AXA Investment: china longyuan Q3 performance marginally improved, valuation has room for increase.
Research reports | AXA International: china longyuan Q3 performance marginally improved, valuation has room for improvement
Grill Health 21st November | Credit Suisse International research reports that china longyuan (916.HK) third-quarter performance has marginally improved. Continuously increasing high-quality new energy assets layout and disposing of existing thermal power assets. Since the beginning of the year, the company has added 2.7GW of new energy installed capacity and disposed of 1.2GW of thermal power assets. The company has announced plans to acquire 2GW of high-quality new energy assets from the controlling shareholder, the State Energy Group. At the same time, it seizes the construction window period of onshore wind power and offshore wind power, adding high-quality new energy assets installation. The company's current valuation is approximately 7 times PE for 2025. It is believed that the company actively seizes the wind power construction window period and has a national
Express News | China Longyuan and others have established a new energy development company in Nantong.
China Longyuan (916.HK): Wind resource improvement, acquisition of quality new energy fund owned by the controlling shareholder.
Event: china longyuan announced its Q3 2024 performance, with marginal improvement in the company's Q3 results. The company continues to increase its layout of high-quality new energy assets while disposing of its existing thermal power assets.
Daiwa's investment rating and target price for electric power stocks in mainland China (table).
Daiwa has released a research report, listing the investment ratings and target prices for mainland electric power H shares as follows: Stock | Investment Rating | Target Price (HKD) cgn power (01816.HK) | hold | 2.1 -> 2.9 yuan datang renew (01798.HK) | underperform | 1.8 yuan china longyuan (00916.HK) | underperform | 6.1 yuan china power international (02380.HK) | buy | 4.3 yuan china res power (00836.HK) | underperform -> hold.
MIIT: The minimum capital ratio for new and expanded photovoltaic manufacturing projects shall not be less than 30%.
The Ministry of Industry and Information Technology announced important revisions to the "Regulatory Conditions for the Photovoltaic Infrastructure" and the "Interim Measures for the Management of Regulatory Announcements in the Photovoltaic Infrastructure" to guide local governments in reasonably planning the layout of photovoltaic infrastructure projects and promoting industrial concentration and clustering development. The revisions emphasize that photovoltaic companies should reduce projects that simply expand production capacity and instead focus on enhancing technological innovation, improving product quality, and reducing production costs. The minimum capital ratio for newly built and expanded photovoltaic infrastructure projects shall not be less than 30% to ensure the financial stability and sustainable development of the projects. This revision aims to optimize industrial layout, encourage technological innovation, and improve product quality.
Insurance capital is intensively increasing stakes in dividend stocks! What is the reason?
Currently, there are quite a few shareholders of insurance funds that hold more than 5% of the circulating shares of listed companies. In addition to some being unlocked restricted shares, there have also been many actions of shareholding and new stakes taken, with at least 14 instances of such actions this year.
HSBC Research on "Major Banks": The US elections reset market expectations. Utilities industry recommendations include CLP Holdings (00002.HK), Cheung Kong Infrastructure (01038.HK), and Longyuan Power (00916.HK).
HSBC's global research report points out that the US election emphasizes the market's outlook on the global economy. In the asia utilities industry and alternative energy sector, the main concerns are the potential postponement of interest rate cuts and the adverse effects of trade policies on the industry, especially in china and south korea. The report states that fundamentals may not change significantly, except for the wind power supply chain.
Express News | China Longyuan Shanghai Investment Company: Announcement of selected candidates for tax due diligence services in equity acquisition.
The usa offshore wind project is hindered, with industry experts predicting that the usa will complete less than half of its emissions reduction target by 2030.
① The global offshore wind power projects are likely to fail to achieve the previously ambitious goals due to soaring costs, project delays, and insufficient supply chain investment; ② The International Renewable Energy Institutions estimate that the global installed capacity of offshore wind power will fall short of the target by one-third, while other institutions believe that the usa will not be able to achieve half of its emission reduction targets by 2030.
Hong Kong stocks fluctuated | Wind power stocks rose during the day, with a significant volume of domestic wind power tenders in the first three quarters, and overseas demand resonated with a substantial increase.
Wind power stocks rose during the day, as of the time of writing, Goldwind Science & Technology (02208) rose by 4.35%, to HK$6.24; China Longyuan (00916) rose by 3%, to HK$6.87; China Suntien (00956) rose by 2.68%, to HK$3.45; Datang Renew (01798) rose by 1.99%, to HK$2.05.
Hong Kong stock concept tracking | The scale of wind power bidding has significantly increased, benefiting leading companies in wind power equipment (including concept stocks).
With the acceleration of the global energy transition, wind energy, as one of the important clean energy sources, is developing rapidly.
No more 'selling by the catty'! Wind power self-discipline convention 'full moon' industry chain companies see the dawn.
① One month after signing the industry self-discipline convention, several recent projects have been awarded to bidders who did not offer the lowest price, and the bidding party has begun to modify the rules, indicating that the wind power industry is showing signs of breaking away from intense competition; ② Industry insiders indicate that all links of the wind power industry chain still need to continue making efforts, considering the economic benefits generated throughout the entire lifecycle rather than short-term costs, solidifying the results of breaking out of the intense competition.
china longyuan (00916.HK) received shareholding of 3.103 million shares from Rui Zhong Life Insurance.
On November 14, according to the latest disclosure of equity information from the Hong Kong Stock Exchange, on November 8, 2024, china longyuan (00916.HK) received a shareholding increase of 3.103 million shares from Ruizhong Life Insurance Co., Ltd. at an average price of HKD 6.9779 per share, involving approximately HKD 21.6524 million. After the shareholding increase, the latest number of shares held by Ruizhong Life Insurance Co., Ltd. is 433,450,000 shares, with the shareholding ratio rising from 12.97% to 13.06%.
China Longyuan Power Group Reveals Board and Committees
Director Change at China Longyuan Power Group
China Longyuan (00916.HK): Tang Chaoxiong resigns from the position of non-executive director.
Gelonghui November 13th, china longyuan (00916.HK) announced that on November 13, 2024, the company received a written resignation report from director tang chaoxiong, a non-executive director of the company. Tang applied to the board of directors for resignation from the position of non-executive director and member of the board of directors audit committee due to job changes.
China Longyuan (00916.HK) has received a shareholding increase of 3.103 million shares listed in Hong Kong from 瑞众人寿保险有限责任公司, worth approximately 21.6524 million HKD.
Reported on November 13th, according to documents disclosed by the Hong Kong Stock Exchange on November 13th, Rui Zhong Life Insurance Co., Ltd. increased its shareholding in China Longyuan (00916.HK) by $3.103 million H shares at an average price of 6.9779 Hong Kong dollars per share on November 8, worth approximately 21.6524 million Hong Kong dollars. After the increase, the latest number of shares held by Rui Zhong Life Insurance Co., Ltd. is 0.433 billion shares, and the stake ratio has increased from 12.97% to 13.06%. Image Source: HKEX Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (holding 5% or more
China Longyuan Power's Power Generation Rises 8% in October
National Energy Administration: Further regulate the behavior of electricity market trading
The General Office of the National Energy Administration issued a notice on further regulating the behavior of electricity market trade. All operating entities should further regulate market quoting behavior, considering objective factors such as unit fixed costs, fuel costs, energy supply and demand, etc., to quote compliantly and promote trading prices reflecting the true and accurate value of electrical commodities. Power generation and sales entities shall not unify negotiated transaction prices and declaration elements such as electricity quantity through online or offline methods for specific transactions between relevant operating entities on the generation and sales sides.
Analysis
Price Target
No Data
No Data