The State Grid has launched a 100 billion level AI bright electrical utilities large model in strategic cooperation with Baidu (09888.HK) and Alibaba (09988.HK).

On the 19th, the State Grid held a launch conference for the Bright Power Large Model and a signing ceremony, releasing the first trillion-level AI large model in the Chinese power industry, "Bright Power Large Model." This model integrates hundreds of billions of data parameters and will play the role of an intelligent expert in over 600 application scenarios, including grid planning and running, power equipment maintenance, and power supply services. It aims to achieve the collaborative empowerment of electricity and computing power, support the construction of a new type of power system and new energy framework, and better ensure energy security in China. At the same time, the State Grid signed a strategic cooperation framework agreement with Baidu (09888.HK) and Alibaba (09988.HK).

AASTOCKSDec 20 10:17

CHINA POWER (02380.HK) subsidiary awarded a total of 0.166 billion yuan in engineering contracts.

CHINA POWER (02380.HK) announced a related Trade, with its subsidiaries Pingwei No. 2 and Pingwei No. 3 awarding a general contracting project to Yuanda Water Affairs to provide services for the upgrade of wastewater treatment facilities for Pingwei No. 2 and Pingwei No. 3, with a total cost of approximately 0.166 billion yuan.

AASTOCKSDec 20 00:32

Hong Kong stock midday review | All three indices rose, the Technology Index up over 1%; Autos, power, and Semiconductor stocks increased, with Li Auto and CHINA LONGYUAN rising nearly 4%, and Semiconductor Manufacturing International Corporation up over

Network Technology stocks are generally rising, XIAOMI-W is up 2.17%, SENSORY-W is up 2.03%; Electric Power stocks are all going up, HUADIAN POWER is up 4.53%, CHINA LONGYUAN is up 3.86%; Hong Kong Retail Stocks are generally rising, BOSSINI INT'L is down 6.78%, PRADA is up 2.59%;

Futu NewsDec 18 12:10

FIRST SHANGHAI: Maintains CHINA POWER 'Buy' rating with a Target Price of 4.73 Hong Kong dollars.

FIRST SHANGHAI issued a research report stating that it maintains a "Buy" rating for CHINA POWER (02380), expecting the company's net income attributable to shareholders to be 5.1/6/7.1 billion yuan for 2024-2026, with year-on-year growth of 92/17%/18%, and a target price of 4.73 Hong Kong dollars. The company's earnings growth in 2024 is expected to be highly certain, with returns on self-invested projects increasing under the current low-cost trend; hydropower profits will benefit from the recovery of water flow. FIRST SHANGHAI's main points are as follows: Significant growth in electricity sales in the first ten months: According to the company's announcement, the consolidated total electricity sales in the first ten months of 2024 were 108,220,668 MWh, an increase compared to last year.

Sina Hong Kong StockDec 12 17:50

Express News | The operation company of the Shimane Nuclear Power Plant in Japan stated that there is no abnormality in the reactor water level gauge of unit 2, previously reported as a misjudgment.

BreakingsDec 12 17:06

Yokan HD, Casio, ETC (additional) Rating

Upgraded - Bullish Code Stock Name Brokerage Firm Previous After ------------------------------------------------------------- <3291> Iida GHD Morgan Stanley "Underweight" "Equal Weight" <9021> JR West Japan SMBC Nikko "3" "2" <9502> Chubu Electric Mizuho "Hold" "Buy" Downgraded - Bearish Code Stock Name Brokerage Firm Previous After ------------------------

Fisco JapanDec 12 11:25