Daily BriefsUtilities Sector

Daily Brief Utilities: China Longyuan Power and more

In today’s briefing:

  • A/H Premium Tracker (To 24 Jan 2025):  AH Premia Fall Yet Again, Lowest Avg Premium in 5yrs… Again


A/H Premium Tracker (To 24 Jan 2025):  AH Premia Fall Yet Again, Lowest Avg Premium in 5yrs… Again

By Travis Lundy

  • AH Premia are lower over the last few weeks of holiday and this past week of heavy SOUTHBOUND buying on telcos, banks, brokers, insurers, tech, and airlines.
  • The average AH Premium across all pairs is now the lowest it has been in five years.
  • INFO TECH and FINANCIALS saw significant H outperformance vs As this week. Most others (other than perhaps MATERIALS) were limited in their volatility. No bias by premium tranche seen.  

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