"A-Share Focus" Power stocks perform actively, LEP hits the upper limit
Power stocks performed actively, with LEP and Mindong Electric Power hitting the daily limit, Huayin Power rising by 6.3%, and Star Power increasing by 5.5%. The investment by State Grid continues to increase, with the procurement amount for the 74th batch in 2025 exceeding 3 billion yuan, and fixed asset investment from January to September exceeding 420 billion yuan, a year-on-year increase of 8.1%. Microsoft and OpenAI's CEO pointed out that the artificial intelligence industry is facing power shortages and called for an expansion of energy capacity
According to the Economic Information Agency on the 6th, power stocks performed actively, with LEP (Shanghai: 600644) and Mindong Power (Shenzhen: 000993) hitting the daily limit, Huayin Power (Shanghai: 600744) rising by 6.3%, and Star Power (Shanghai: 600101) increasing by 5.5%. Datang Power (Shanghai: 601991), Shanghai Electric (Shanghai: 600021), and Fuling Power (Shanghai: 600452) also saw significant gains.
On the news front, the scale of investment in the power grid continues to increase. On November 3rd, State Grid Corporation of China announced the list of candidates for the 74th batch of procurement for 2025, with the related procurement amount exceeding 3 billion yuan. Additionally, from January to September this year, State Grid completed fixed asset investments exceeding 420 billion yuan, a year-on-year increase of 8.1%.
It is worth mentioning that Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman recently stated in an interview that the current issue facing the artificial intelligence industry is not an excess of computing power, but rather a lack of sufficient electricity to support all GPU operations. In fact, OpenAI had previously called on the White House to expand the energy capacity in the United States, stating that electricity is a strategic asset for AI infrastructure. (ry)
