China Longyuan Power

China Longyuan (916 HK): The Trend Is Your Friend

Equity Bottom-Up
225 Views, 12 Jan 2022 07:07
  • Nov and Dec wind generation continue to accelerate on a YoY basis, and it is also noteworthy that other renewable energy generation surged 346% MoM and 992% YoY in Dec.
  • SASAC's latest guidance for the centrally-owned SOEs on installed renewable capacity target of over 50% of total by 2025 is another signal of strong government support on wind power.
  • Acceptance by Shenzhen Stock Exchange of Inner Mongolia PingZhuang Energy Resources (000780 CH) listing withdrawal application marks another step towards China Longyuan Power Group Corp (916 HK) return to A-share.
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Osbert Tang, CFA
China Analyst - Onshore Credit, Equity Long-Short
Hong Kong & ChinaIndustrials & UtilitiesEquity Bottom-UpThematic (Sector/Industry)

Osbert Tang is an equity analyst with over 20 years of experience with focuses on China transport, infrastructure, indus...