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| HSI1 | 26,866.70 | +31.93 | 245.33B |
| HSCEI1 | 9,064.24 | +11.13 | 89.75B |
| Back Zoom + Zoom - Block Traded | |
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2026-02-04 10:15:30 Citi Research issued a research report downgrading CHINA POWER (02380.HK) from Buy to Sell, and dropping its target price from $3.5 to $2.75. Moreover, the broker reduced its 2025-2027 net profit forecasts for the Company by 15%/ 27%/ 38%, respectively. Citi Research believed that, due to the reduction in electricity tariffs, CHINA POWER's expected earnings for 2026 may decline YoY. Although it is anticipated that the Company will not cut dividends for 2025-2026, its projected dividend yield of 5.7% for 2026 seems insufficient to offset the downside risk to earnings caused by the downside trend in China's power tariffs. ~ AASTOCKS Financial News Website: www.aastocks.com | |