On May 29, CR Power rose 3.05% in regular trading, trading at HKD 20.94/share, with trading volume of HKD 177 million. The broader power sector rallied in tandem, with Datang Power up 6.14%, Huaneng Power up 5.59%, China Power up 3.92%, and Huadian Power up 3.79%.

On the news front, the China Southern Power Grid reported that power load hit a historic high on May 25, surpassing the previous record by 1.83 million kilowatts. Notably, this peak arrived nearly a month earlier than usual, breaking the seasonal pattern observed from 2020 to 2025 where annual peaks concentrated in June and July. This has prompted the market to reassess electricity demand-side growth expectations.

Additionally, authoritative meteorological agencies have projected a likely strong El Nino event, while forecasts of heatwaves across eastern, central, and southern China suggest concentrated release of air-conditioning cooling loads that could significantly boost electricity demand. Jiangsu and Guangdong electricity trading average prices have already shown tightening supply-demand characteristics ahead of the summer peak season.

CR Power is a Hong Kong-listed investment holding company primarily engaged in thermal power generation, renewable energy, and coal mining operations in China.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)