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DATANG RENEW (01798.HK) received a Shareholding of 1.5 million Listed in Hong Kong shares from Great Wall Life Insurance Co., Ltd., valued at approximately 3.096 million Hong Kong dollars.
On December 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 18, Great Wall Life Insurance Co., Ltd. increased its shareholding by purchasing 1.5 million shares of DATANG RENEW (01798.HK) at an average price of HKD 2.064 per share on December 17, worth approximately HKD 3.096 million. After the increase, Great Wall Life Insurance Co., Ltd. has a total shareholding of 0.25 billion shares, with the shareholding ratio increasing from 9.95% to 10.01%. Image source: Stock disclosure from the Exchange Why did the shareholder increase their shareholding, yet the shareholding ratio decreased? This might be due to the listed company conducting share repurchases.
The first data property rights registration certificate for the NENGYUANHANGYE in the country has been issued in Guangzhou.
On December 17, Gluohui reported that the Southern Energy Industry Trusted Data Space (Guangdong) was launched, and the CNI Data Factor Index Ecological Conference was held in Guangzhou. At the conference, Southern Power Grid Guangdong Electric Power Company received the first "Data Property Registration Certificate" issued by the Guangzhou Exchange, which is also the first data property registration certificate obtained in the national energy industry, marking significant progress in Guangdong's structural separation of data property rights and compliant circulation.
Tianfeng: How will government debt relief in 2025 affect the Eco-friendly Concept public utility industry?
Debt restructuring is expected to relieve the pressure of receivables for eco-friendly enterprises, primarily through: issuing new Bonds to pay off corporate debts; alleviating government debt pressure, optimizing the pace of fiscal spending; and improving the business environment to create a positive cycle of economic development.
Datang Renewable Power's November Power Generation Slides 17%
DATANG RENEW (01798.HK): In November, the total electricity generation was 2.7773 million megawatt-hours, a decrease of 16.60% year-on-year.
On December 13, Gelonghui reported that DATANG RENEW (01798.HK) announced that, according to preliminary Statistics, the group completed a power generation of 2.7773 million megawatt-hours in November 2024, a decrease of 16.60% compared to 2023. Among them, the completed wind power generation was 2.5297 million megawatt-hours, a decrease of 19.43% compared to 2023; the photovoltaic generation was 0.2476 million megawatt-hours, an increase of 29.97% compared to 2023. As of November 30, 2024, the group had accumulated a total power generation of 28.7502 million megawatt-hours in 2024, compared to 20.
In "The Major Companies", China International Capital Corporation's investment ratings and target prices for China's Energy stocks (table).
Bank of China International released a research report, listing the investment ratings and target prices for Chinese Energy stocks as follows: Stock | Investment Rating | Target Price (HKD) HUANENG POWER (00902.HK) | Buy | 6.2 HKD HUADIAN POWER (01071.HK) | Buy | 4 HKD CHINA RES POWER (00836.HK) | Buy | 22 HKD CHINA POWER (02380.HK) | Buy | 4.6 HKD FLAT GLASS (06865.HK) | Hold | 14.3 HKD XINYI SOLAR (00968.