---
title: "Daiwa downgraded Huaneng International Power's target price to \"Underperform\" with a target price of HKD 5.2"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282777655.md"
description: "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"
datetime: "2026-04-15T03:16:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282777655.md)
  - [en](https://longbridge.com/en/news/282777655.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282777655.md)
---

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

Daiwa published a report stating that Huaneng Power International (00902.HK) may have passed its peak earnings period, 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 rating for the stock has been downgraded from "Outperform" to "Underperform," and the target price has been lowered from HKD 5.8 to HKD 5.2

### Related Stocks

- [600027.CN](https://longbridge.com/en/quote/600027.CN.md)
- [00902.HK](https://longbridge.com/en/quote/00902.HK.md)
- [01071.HK](https://longbridge.com/en/quote/01071.HK.md)
- [600011.CN](https://longbridge.com/en/quote/600011.CN.md)
- [560190.CN](https://longbridge.com/en/quote/560190.CN.md)
- [159611.CN](https://longbridge.com/en/quote/159611.CN.md)
- [562550.CN](https://longbridge.com/en/quote/562550.CN.md)
- [561700.CN](https://longbridge.com/en/quote/561700.CN.md)
- [HNPIY.US](https://longbridge.com/en/quote/HNPIY.US.md)

## Related News & Research

- [Citi Sticks to Their Sell Rating for Huaneng Power International (HUNGF)](https://longbridge.com/en/news/284664530.md)
- [Huaneng Power International’s Q1 2026 Profit and Cash Flow Decline Amid Stable Assets](https://longbridge.com/en/news/284409708.md)
- [China Chengtong Wins Extra Time to Dispatch Circular on Major Leaseback Deals](https://longbridge.com/en/news/285183540.md)
- [Beijing Jingneng Clean Energy total issued shares hold at 8.24 billion in April](https://longbridge.com/en/news/285515287.md)
- [China Resources Power Discloses 2025 Results and Q1 2026 Performance for Key Subsidiary](https://longbridge.com/en/news/284743042.md)