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SDICSI Recommends CHINA RES POWER/ CHINA LONGYUAN/ CHINA SUNTIEN; Blue Book on National Unified Electricity Mkt Development Plan Released
2024-12-20 10:25:38
Recently, over 20 entities, including the China Electricity Council, State Grid, and China Southern Power Grid, jointly compiled the "Blue Book" under the coordination of China's National Energy Administration, according to a report from SDICSI.

The Blue Book systematically summarizes the achievements in China's electricity market construction, deeply analyzes the current situation and challenges, and proposes the development path and key tasks for further advancing the construction of a national unified electricity market.

Seeing that the overall valuation of the Hong Kong-listed power operators remains relatively low and several stocks have a dividend yield of over 6%, the broker suggested investors should focus on high-quality power operators with low valuations and high dividends, including CHINA RES POWER (00836.HK), and high-quality new energy power operators like CHINA LONGYUAN (00916.HK) and CHINA SUNTIEN (00956.HK).
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