Penghua CSI All Share Utilities ETF

JPMorgan Updates Mainland Renewable Energy Stock Model: Prefers Goldwind & Sungrow, Downgrades Longi Green Energy

Huadian Power International Submits Application for Huadian Coal Power REIT and Receives Acceptance

CGN Commences Construction of Fourth Hualong One Unit at Guangdong Taipingling Project, Shares Rise

Shanghai Ruijing Asset Management Reduced its Holding in Huadian Power International

China General Nuclear Power HuiZhou Second Nuclear Power Starts Construction of Unit 4

Huanneng Mengdong New Energy Meets with Wengniute Banner Government to Advance 500 MW Photovoltaic Project

Completion of First Fuel Loading for Unit 2 of Taipingling Nuclear Power Plant

CICC Publishes Guangdong Nuclear Power's Earnings Report and Maintains 'Outperform Industry' Rating

Citi Maintains Sell Rating on Huaneng Power International

China National Nuclear Corp's Zhejiang San'ao Nuclear Power Project Unit 1 Put Into Commercial Operation

China National Nuclear Corporation's Cangnan Nuclear Power Unit 1 Ready for Commercial Operation

HSBC Raises China Guangdong Nuclear Power Target Price to HKD 4.2

CNNP released FY2025 Q4 earnings on April 29 Pre-Market (BJT), actual revenue CNY 20.44 B (forecast CNY 20.91 B), actual EPS CNY 0.0636 (forecast CNY 0.0563)

CNNP released FY2025 earnings on April 29 Pre-Market (BJT), actual revenue CNY 82.08 B (forecast CNY 82.58 B), actual EPS CNY 0.453 (forecast CNY 0.4649)

SDIC Power released FY2025 Q4 earnings on April 29 After-Market (BJT), actual revenue CNY 12.44 B (forecast CNY 15.5 B), actual EPS CNY 0.1064 (forecast CNY 0.2029)

SDIC Power released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 12.51 B, actual EPS CNY 0.2603

SDIC Power released FY2025 earnings on April 29 After-Market (BJT), actual revenue CNY 53.01 B (forecast CNY 53.63 B), actual EPS CNY 0.9166 (forecast CNY 0.9115)

CNNP released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 18.92 B (forecast CNY 20.63 B), actual EPS CNY 0.1 (forecast CNY 0.1329)

CYPC released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 18.11 B (forecast CNY 16.02 B), actual EPS CNY 0.2763 (forecast CNY 0.22)

CTGR released FY2026 Q1 earnings during market hours on April 29 (BJT), with actual revenue of CNY 6.948 B and EPS of CNY 0.0364

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560190

Yesterday's closing price for GUANGDONG INV rose slightly by 1.30%, closing at HKD 8.60, with a gentle and steady trend. The MACD daily chart showed a bullish signal, reflecting that buying power is slowly but steadily accumulating. This gradual bullish confirmation usually indicates that medium-term funds are entering in an orderly manner. The trading volume was approximately HKD 95.87 million, which, while not a large absolute amount, represents a moderate increase in trading activity for this stock. With a TTM price-to-earnings ratio of 11.59 and its water utility attributes, it possesses typical defensive allocation value. On the news front, the central bank's Q1 monetary policy report removed the expression "cutting reserve requirements and interest rates," leading to a cooling of market expectations for short-term liquidity easing. In this macro environment, funds tend to shift towards undervalued, high-dividend utility sectors to secure certain returns. GUANGDONG INV primarily engages in water supply business, with stable cash flow and regional monopoly advantages, making it attractive to defensive funds during periods of declining market risk appetite. Meanwhile, the new head of the Federal Reserve faces a dilemma regarding interest rate cuts, and the rising uncertainty in the global interest rate environment also enhances the relative attractiveness of utility stocks. From a technical perspective, the current stock price is stabilizing in the HKD 8.50-8.70 range, with the moving average system showing signs of a slow convergence followed by a slight upward trend. Although the trading volume is not abundant, for this type of low-volatility defensive stock, a moderate increase in volume is already a positive signal. Today, attention will be on whether it can maintain support at HKD 8.50 and continue to rise slightly, with the overall performance of Hong Kong utility and high-dividend stocks providing a reference

Technical Forecast

GUANGDONG INV

First Trust Water

Pre-market trend | GUANGDONG INV (270.HK) 5/12 gently increased with volume, is defensive capital positioning?

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01038

159611

561700

Yesterday, MTR CORPORATION's stock price rose moderately by 1.27%, with a trading volume of approximately HKD 316 million, continuing its recent steady upward trend. The MACD daily line has established a bullish signal, and the short-term moving average system is showing an orderly upward pattern, which usually indicates that the market consensus on the stock's short-term bullish outlook is consolidating. In terms of trading volume, the turnover remains above the recent average level, indicating that bulls are steadily building positions, with a calm rather than hasty pace. On the news front, as a leader in Hong Kong's infrastructure and railway operations, MTR's defensive attributes have attracted capital in the current market environment. The surge in global long-term bond yields has raised concerns about the economic outlook, with Deutsche Bank pointing out that financing costs in developed economies are approaching or even exceeding nominal GDP growth rates. In this macro context, utility stocks with stable cash flows and high dividend characteristics are often more favored by risk-averse funds. Meanwhile, the recovery of local economic activities in Hong Kong continues, and the rebound in subway passenger volume provides positive support for MTR's revenue. Sector-wise, power companies and infrastructure stocks were generally strong yesterday, with CKI HOLDINGS also recording positive returns, forming a collective strength in the defensive sector. From a technical perspective, MTR's stock price has stabilized above the 5-day and 10-day moving averages for several consecutive trading days, with a solid short-term support system. Although the trading volume is not explosive, it remains consistently stable; this "moderate volume increase" pattern often indicates strong trend sustainability in utility stocks. Today, attention should be paid to the overall atmosphere of the Hang Seng Index and the allocation trends of southbound funds towards high-yield defensive stocks. The short-term trend is biased towards bullishness, with defensive attributes combined with healthy technical performance, but the upside potential may be constrained by the overall valuation center of the market

MTR CORPORATION

CKI HOLDINGS

GF CSI All Share Power Public Service ETF

Bosera CSI All Share Electric Utilities ETF

Deutsche Bank AG

Hang Seng Index

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Pre-market trend | MTR CORPORATION (0066.HK) steadily rises on May 7, can the defensive leader maintain its strength?

EMLP

GRID

IDGT

562550

DTCR

A major watchdog says data centers are wreaking havoc on North America's power grid

businessinsider

First Trust North American Energy Infra Fd

Fisr Trust Nasdaq Clean Edge Smart Grid Infra

iShares US Digital Infrastructure and Real Estate ETF

Pacer Data & Infrastructure Real Estate ETF

ISHRS S&P Glb Utilities

VG Utilities

ChinaAMC Green Electricity ETF

Select Sect Spdr Util

Global X Data Center & Dgtl Infrs ETF

A major watchdog says data centers are wreaking havoc on North America's power grid

Overstory has launched the first AI models to predict power outages and wildfires with tree-level accuracy. This shift allows utility companies to move from reactive to preventive strategies. The new models identify trees and assets most likely to cause incidents, providing prioritized actions for operators. Overstory Scenarios enables real-time cost-risk comparisons for resilience programs, optimizing budget allocation. The models analyze satellite data and historical incidents to recommend specific interventions, enhancing predictive capabilities in managing wildfire and outage risks.

prnewswire

ISHRS Us Utilities

13:57 ETOverstory presenta los primeros modelos de IA para predecir cortes de energía e incendios forestales

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00902

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Daiwa published a report stating that Huaneng Power's peak profit period may have passed, and the continuous reduction in electricity prices may drag down the profits of independent coal-fired power producers in 2026. The geopolitical risks in the energy market are rising, and there is limited downside potential for coal prices. The stock rating has been downgraded from "Outperform" to "Underperform," and the target price has been lowered from 5.8 yuan to 5.2 yuan

AASTOCKS

HDPI

HUANENG POWER

HUADIAN POWER

Huaneng Power International, Inc. Sponsored ADR Class N

Daiwa downgraded Huaneng International Power's target price to "Underperform" with a target price of HKD 5.2

Huaneng International Power Co., Ltd. announced that in the first quarter of 2026, the on-grid electricity generation of its power plants in China was 101.489 billion kilowatt-hours, a year-on-year decrease of 4.82%; the average on-grid settlement price was 460.73 yuan per megawatt-hour, a year-on-year decrease of 5.63%

Finet

HPI's electricity generation in the first quarter decreased by 4.82% year-on-year

ICLN

Global electricity demand rose by 3% in 2025, driven largely by data centers and electric vehicles, according to the IEA. While overall energy demand growth slowed to 1.3%, electricity demand in the U.S. grew by 2%, with data centers contributing to half of this increase. Solar power was the leading source of energy demand growth, accounting for over 25%, followed by natural gas. The report highlights the expanding electrification of economies and the importance of resilience and diversification in energy management.

- Global electricity demand rose by 3% in 2025, significantly exceeding the overall energy consumption growth of 1.3%, driven by data centers and electric vehicles, according to the IEA.  
- While China's energy intensity improvements have rebounded to above 3%, the country's overall energy demand growth slowed sharply, reflecting a shift towards a more industrial model post-COVID-19.  
- The report highlights that solar power significantly contributed to energy demand growth, accounting for over 25%, marking a notable transition towards renewable sources in the global energy landscape.

ZeroHedge

iShares S&P Global Clean Energy

Data Centers Drove Half Of All Growth In US Electricity Use In 2025

Penghua CSI All Share Utilities ETF rose nearly 1%, benefiting from the recovery in thermal power generation growth and the increase in hydropower output. GF Securities pointed out that the growth of wind and solar installations is constrained by grid connection issues, with the wind and solar consumption rate in the Three North regions approaching 90%. The decline in thermal power approvals, combined with the release of AI load, has improved the power supply and demand pattern. In April, the spot electricity price in Guangdong surged significantly, showing a clear trend of stabilization and recovery. The CSI All Share Utilities Index rose 0.76%, with active performance from constituent stocks

腾讯新闻 - 财经

全指公用

GF SECURITIES

GF SEC

SCTE

HEGC

JovoEnergy

SDIC Power

GDPD

CYPC

CNNP

CTGR

WTECL

CGN Power

CGN POWER

The utilities ETF Penghua rose nearly 1%, driven by AI improving the power supply and demand pattern, with the growth rate of thermal power generation rebounding

ARTY

The rise of artificial intelligence (AI) is significantly impacting the energy sector, particularly as hyperscale data centers increase electricity demand. Five ETFs are highlighted as beneficiaries of this trend: Defiance AI & Power Infrastructure ETF (AIPO), Utilities Select Sector SPDR Fund (XLU), Global X Uranium ETF (URA), First Trust Clean Edge Smart Grid Infrastructure ETF (GRID), and ALPS Clean Energy ETF (ACES). These funds focus on various aspects of AI power infrastructure, including utilities, nuclear energy, grid modernization, and renewable energy, positioning investors to capitalize on the growing demand for AI-driven power solutions.

ETF News

iShares Future AI & Tech ETF

Defiance AI & Power Infrastructure ETF

GE Vernova

Global X Uranium

ALPS Clean Energy ETF

Top 5 ETFs Positioned to Benefit From the AI Power Demand Boom

HNPIY

Huaneng Power International (HK:0902) will release its Q1 2026 results on April 28, 2026, followed by a global investor conference call on April 29, 2026, from 16:00 to 17:30 Beijing time. The call aims to discuss the company's operating results and key financial indicators, with participation from senior management. The investor relations firm Wonderful Sky Financial Group is coordinating the event. The latest analyst rating for the stock is a Sell with a price target of HK$4.75. Huaneng Power International is a major Chinese power generation company listed in Hong Kong, with a market cap of HK$117.7B.

Tip Ranks

ERDOS

WONDERFUL SKY

Huaneng Power International Schedules Global Call on Q1 2026 Results

Penghua CSI All Share Utilities ETF(560190.SH)

Pre-market trend | GUANGDONG INV (270.HK) 5/12 gently increased with volume, is defensive capital positioning?

Pre-market trend | MTR CORPORATION (0066.HK) steadily rises on May 7, can the defensive leader maintain its strength?

A major watchdog says data centers are wreaking havoc on North America's power grid

13:57 ETOverstory presenta los primeros modelos de IA para predecir cortes de energía e incendios forestales

Daiwa downgraded Huaneng International Power's target price to "Underperform" with a target price of HKD 5.2

HPI's electricity generation in the first quarter decreased by 4.82% year-on-year

Data Centers Drove Half Of All Growth In US Electricity Use In 2025

The utilities ETF Penghua rose nearly 1%, driven by AI improving the power supply and demand pattern, with the growth rate of thermal power generation rebounding

Top 5 ETFs Positioned to Benefit From the AI Power Demand Boom

Huaneng Power International Schedules Global Call on Q1 2026 Results