On June 1, CR Power (00836.HK) rose 3.29% in regular trading, trading at 22.04 HKD/share, with trading volume of approximately 250 million HKD.

The rally was driven by record-breaking electricity loads and intensifying El Nino weather expectations. According to recent data, Southern Power Grid set new historical peak loads on three consecutive evenings in late May, reaching 272.5 GW. Guangdong's grid load hit a new annual high exceeding 170 GW. Notably, this peak arrived nearly a month earlier than the typical June-July seasonal pattern observed from 2020 to 2025, prompting the market to reassess electricity demand growth expectations.

National meteorological authorities have assessed that a relatively strong El Nino event may occur, with forecasts for periodic heatwaves across East China, Central China, and South China expected to trigger concentrated air-conditioning cooling loads and substantially boost electricity demand. Jiangsu and Guangdong power trading average prices have already reflected tightening supply-demand dynamics ahead of the summer peak.

Within the sector, Huadian Power rose 7.32%, Huaneng Power rose 4.13%, and CGN Power gained 1.61%, reflecting broad-based strength across the power sector.

(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.)