--- title: "Weekly Recap | CHINA LONGYUAN -1.66%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298094660.md" description: "CHINA LONGYUAN (916.HK) fell 1.66% this week to close at HK$5.345. The Hang Seng Index gained 0.33% over the same period, leaving the stock 1.99 percentage points behind. Trading spanned just four sessions, with the price easing before snapping back: Monday (31 Aug) opened at HK$5.435 and closed at HK$5.355; Tuesday and Wednesday drifted lower to a low of HK$5.210; Thursday (3 Sep) recovered to HK$5.345. Weekly swing was 4.14%. Average daily volume of around 17." datetime: "2026-09-05T05:54:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298094660.md) - [en](https://longbridge.com/en/news/298094660.md) - [zh-HK](https://longbridge.com/zh-HK/news/298094660.md) generator: "portal-rs" --- # Weekly Recap | CHINA LONGYUAN -1.66%, consensus target above spot ## The Week CHINA LONGYUAN (916.HK) fell 1.66% this week to close at HK$5.345. The Hang Seng Index gained 0.33% over the same period, leaving the stock 1.99 percentage points behind. Trading spanned just four sessions, with the price easing before snapping back: Monday (31 Aug) opened at HK$5.435 and closed at HK$5.355; Tuesday and Wednesday drifted lower to a low of HK$5.210; Thursday (3 Sep) recovered to HK$5.345. Weekly swing was 4.14%. Average daily volume of around 17.1m shares came in about 9.78% below the median, pointing to thinner flows. ## Key Events One item stood out this week. After the close on 1 Sep, China Longyuan disclosed the registration draft of its 2025 A-share private placement prospectus, alongside a corresponding overseas regulatory announcement, moving the refinancing plan a step forward. The same day, BofA Securities cut its target price for CHINA LONGYUAN to HK$5 while maintaining an Underperform rating. These two signals—financing progress and a sell-side markdown—framed the week’s company-specific news, with the stock holding a tight range around HK$5.2 to HK$5.4 around the release. ## Analyst Ratings Fifteen brokers cover China Longyuan: four rate it Buy, three Overweight, six Hold, one Underweight and none Sell, with one at No Opinion. The consensus rating is Buy, and the consensus target sits at HK$6.987, about 30.72% above the latest price. Targets range from HK$5.006 to HK$9.372, a wide spread that reflects divergent views. Among independent power and renewable electricity producers, the stock ranks 2nd out of 16 names on a ratings basis. ## The Week Ahead On the macro calendar, Hong Kong unemployment rate is due on Thursday 17 Sep, with the prior reading at 3.7%, while Hong Kong CPI follows on Wednesday 23 Sep, with the prior at 1.7%. The corporate calendar carries no earnings, but after the refinancing registration draft, the pace of A-share placement progress remains a point to watch. ## In Short This week leaves a tension in view: the sell-side consensus is still Buy and the consensus target is nearly 30% above spot, with valuations modest at roughly 10.65x P/E and 0.51x P/B; yet single-broker targets are far apart and BofA’s new HK$5 target sits near the current price, while the most recent session showed net inflows in both large and medium orders. The path ahead turns on the A-share refinancing timeline and the way Hong Kong labour cost data colour risk appetite across utilities. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [00916.HK](https://longbridge.com/en/quote/00916.HK.md) ## Related News & Research - [China Longyuan Power Group: Net profit fell 28.2% on lower wind output, but solar revenue and installed capacity rose](https://longbridge.com/en/news/297203008.md) - [Michael Saylor Says, 'A Little More Orange': Will Strategy Report BTC Purchases After Hitting Pause for 3 Weeks?](https://longbridge.com/en/news/299601303.md) - [Jensen Huang Says AI CEOs May Have 'Ulterior', Maybe 'Political' Reasons For AI Doomsday Warnings: 'Go and Read Between The Lines'](https://longbridge.com/en/news/299637656.md) - [Tesla Roadster Speculation Grows After FAA Sets 10,000-Foot Airspace Restriction](https://longbridge.com/en/news/299677194.md) - [Prediction: Berkshire Hathaway's Operating Earnings Will Top $48 Billion in 2026](https://longbridge.com/en/news/299668979.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**