China Longyuan Power's 2026 Growth Likely Aided by Increased Capacity -- Market Talk

Dow Jones
04/07

0147 GMT - China Longyuan Power Group's 2026 growth is likely aided by increased wind-power-led capacity, UOB Kay Hian analysts say in a research report. Management has guided for roughly 4,500 megawatts of new capacity additions in 2026, with wind energy accounting for around 94% and solar energy about 6%, reflecting the company's ongoing focus on higher-quality wind resources, the analysts say. Also, management expects contracted and policy-based electricity volumes to account for around 70% of total power sales, helping stabilize earnings amid ongoing power market liberalization. The brokerage slightly raises the stock's target price to HK$7.10 from HK$7.00, with an unchanged hold rating. Shares last closed at HK$7.04. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 06, 2026 21:47 ET (01:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10