CGN MINING's large transaction drove up over 10%, while CGN POWER showed weakness after earnings

AASTOCKS
2025.10.30 06:03

CGN MINING (01164.HK) opened up 7.7% today (30th), reaching a high of HKD 4.02 during the session. It was last reported at HKD 3.95, up 12.54%, with trading volume surging to 134 million shares, involving HKD 516 million.

Its affiliate CGN Power (01811.HK) is currently reported at HKD 2.92, up 2.46%, with a trading volume of HKD 25.5961 million.

CGN POWER (01816.HK) is currently reported at HKD 3.14, down 0.95%, with a trading volume of HKD 181 million. The group previously announced its report for the first three quarters, achieving operating revenue of RMB 59.723 billion (the same below), a year-on-year decrease of 4.1%. The net profit attributable to shareholders was RMB 8.576 billion, a decline of 14.1%, mainly affected by the overall situation of the electricity market, with an increase in the electricity volume traded by subsidiaries in the market, and a decrease in market electricity prices; earnings per share were 16.98 cents