China Resources Power (836) Earnings: March Power Generation Grows by 2.5%, Wind Power Surges by 7.1%

China Resources Power on Smartkarma

Analyst coverage on China Resources Power on Smartkarma by Janaghan Jeyakumar, CFA indicates potential index changes for the HSCEI. In the latest insights, China Resources Power (836 HK) is highlighted as a potential addition to the index, while Li Ning (2331 HK) may be removed. Large price swings are needed to trigger such changes, with flows expected in June 2025 due to capping. No changes are seen based on the latest data, but the rankings may evolve until December 31, 2024.

Moreover, the 12-month reference period for index selection rankings has been completed, and it is predicted that China Resources Power will replace Li Ning in the HSCEI index in March 2025. The analysis suggests potential index buying and selling activity for these securities. The HSCEI serves as a benchmark for Mainland Chinese securities listed in Hong Kong, providing insights into potential index rebalancing events and market movements.

A look at China Resources Power Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking ahead, China Resources Power Holdings Company Limited, a major player in the power generation sector in China, has been given positive Smart Scores across various key factors. With strong ratings in Growth and Momentum, the company is primed for long-term success in the energy industry. Its focus on expanding and developing its operations, coupled with a high momentum score, indicates a promising future outlook for China Resources Power.

As a prominent player in the power generation market in China, China Resources Power Holdings Company Limited holds solid scores in Value, Dividend, and Resilience as well. These scores, combined with its strong performance in the Growth and Momentum categories, paint a favorable picture for the company’s long-term prospects. With a well-rounded profile across these key factors, China Resources Power appears well-positioned to navigate challenges and capitalize on opportunities in the evolving energy landscape.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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