Independent Power and Renewable Electricity Producers

HUADIAN POWER

Huadian International Partners to Form Smart Energy Co. to Advance Yangtze River Shipping Electrification and Zero-Carbon Loop

Huadian International Establishes Hubei Huangshi Huadian Green Energy Co., Ltd.

HUADIAN Group's Injection Expectation Boosts Huadian Company's Capacity

Huadian Power released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue HKD 34.55 B, actual EPS HKD 0.1587

Huadian International Power Co. Ltd. Q1 2026 Earnings: Revenues and Net Profits Both Declined

Huadian International Releases 2025 Annual Report

Huadian International Announces Q1 2026 Power Generation and Grid Supply Volume Data

HUADIAN POWER FY2026 Q1 Earnings Release on April 28 After-Market (BJT)

Huadian's Yangjiang Offshore Wind Power Project Completes First Turbine Installation

Citibank Downgrades Huadian International A-shares to Sell

HUADIAN POWER released FY2025 Annual Earnings on March 26 After-Market (BJT), actual revenue HKD 137.73 B (forecast HKD 132.32 B), actual EPS HKD 0.5355 (forecast HKD 0.5976)

HUADIAN POWER released FY2025 Q4 earnings on March 26 After-Market (BJT), actual revenue HKD 33.52 B (forecast HKD 29.87 B), actual EPS HKD -0.1118

Huadian International Power's Net Profit Increased by 1.39% in 2025 and Announced a Dividend of RMB 0.23 Per Share

Huadian International Announces 2025 Earnings Report

HUADIAN POWER to Release FY2025 Annual Earnings on March 26 After-Market (BJT), Forecast Revenue HKD 135.74 B, EPS HKD 0.5976

Huadian International Completes Merger and Acquisition with Injection of Conventional Power Generation Assets

Huadian International's Registered Capital Increased to Approximately 1.16 Billion Yuan

China Huadian Group's Installed Capacity Exceeds 250 Million Kilowatts, New Energy Construction in Feicheng Starts

Huadian International Establishes Nomination Committee to Strengthen Corporate Governance

Huadian International Establishes Compensation and Evaluation Committee to Enhance Governance

SINOFORTUNE FIN

PAN ASIA DATA H

HUASHENG INTL

IMAGI INT'L

SUPERLAND GROUP

QIANHAI HEALTH

STELUX HOLDINGS

JOLIMARK

CASSAVA RES

I-CABLE COMM

01071

600027

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Citic Securities analyst maintained a Buy rating on Huadian Power International on May 14 and set a price target of HK$5.30. The company’s shares closed last Thursday at HK$4.54.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Hold analyst consensus rating for Huadian Power International with a HK$4.39 average price target.

Tip Ranks

HDPI

Bosera CSI All Share Electric Utilities ETF

GF CSI All Share Power Public Service ETF

CITIC Securities Co., Ltd.

FAWER

CITIC SEC

Citic Securities Remains a Buy on Huadian Power International (HPIFF)

600011

00836

00902

Citi's research report indicates that while coal prices have risen, China's coal-fired independent power producers (IPPs) saw a 20% increase in share prices over the past three months. However, Citi forecasts that margins will narrow due to higher coal costs, leading to weaker performance. The bank assigned Sell ratings to HUANENG POWER, CHINA RES POWER, and HUADIAN POWER, citing a focus on company fundamentals and the impact of the upcoming ex-dividend period.

AASTOCKS News

CHINA RES POWER

HUANENG POWER

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Huaneng Power International, Inc. Sponsored ADR Class N

Citi Expects Power Stocks to Underperform on Rising Coal Costs Squeezing Margins

As of the close on May 8, Huaneng Power confirmed a bullish signal on the MACD daily line above the zero axis, indicating that the foundation for a medium-term upward trend remains solid, with buying power dominating in the short term. The trading volume that day was approximately HKD 230 million, with decent volume support, and investor attention on the power sector remains high. As a large state-owned enterprise driven by both thermal and renewable energy generation, Huaneng's technical performance reflects, to some extent, the market's recognition of the defensive value of the public utility sector. On the news front, ongoing geopolitical conflicts in the Middle East continue to push energy prices higher, with Brent crude oil returning to USD 101 per barrel. Although high oil prices may increase fuel costs for thermal power in the short term, the market-oriented reform of electricity pricing has made the price transmission mechanism smoother, and the continuous increase in the proportion of renewable energy installations effectively hedges against cost pressures. Additionally, the summer peak electricity demand is approaching, and market preference for the performance certainty of power stocks has significantly increased in the context of geopolitical uncertainty. Datang Power, another company in the sector, experienced a correction today due to previous large gains, but Huaneng Power has received better capital support due to its reasonable valuation. From a technical perspective, the moving average system maintains a bullish arrangement, with the 5-day moving average providing effective support during short-term pullbacks. Power stocks typically have lower volatility, and once a trend is established, it tends to be strong and persistent. Future observations should focus on whether the volume supports this trend and whether the sector as a whole can maintain its strength. The short-term trend is biased towards bullishness, with defensive attributes and performance certainty being the core logic for current capital allocation in power stocks

Technical Forecast

Datang Power

DATANG POWER

Pre-market trend | HUANENG POWER (0902.HK) 5/8 Power stocks strengthen, can the trend continue?

HNPIY

Citi's research report indicates that HUANENG POWERis expected to see a decline in EPS and dividends in 2026-2027, leading to a reduced appeal as a dividend stock. The company reported a 9.8% YoY drop in Q1 net profit to RMB4.483 billion, with significant decreases in contributions from wind and solar power. Electricity sales in China also fell by 4.8% YoY. Citi maintains a Sell rating on HUANENG POWER with a target price of HKD4.6.

Citi Expects HUANENG POWER  EPS and Dividends to Decline in 2026-2027, Rates Sell

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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.

Penghua CSI All Share Utilities ETF

VG Utilities

ChinaAMC Green Electricity ETF

Select Sect Spdr Util

ERDOS

WONDERFUL SKY

Huaneng Power International Schedules Global Call on Q1 2026 Results

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

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

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Bank of America Securities adjusts the target price for mainland power stocks, preferring hydropower, and downgrades HUADIAN POWER to "underperform the market." The research report points out concerns about the decline in on-grid electricity prices and utilization hours for independent power producers in the fiscal year 2025. Due to rising coal costs, the rating for HUADIAN POWER is lowered to "underperform the market." Meanwhile, Dongfang Cable and GOLDWIND are upgraded to "buy," while EB ENVIRONMENT and GUANGDONG INV maintain a "buy" rating

GOLDWIND

EB ENVIRONMENT

E Fund CSI Green Power ETF

GUANGDONG INV

"Big Banks" Bank of America Securities adjusts target prices for mainland power stocks, with a preference for hydropower in the sector; Huadian's rating downgraded to "underperform the market."

HUADIAN POWER's recent performance shows clear signs of stabilization. In technical indicators, the MACD has triggered a golden cross signal, and the moving average system is gradually returning to a bullish arrangement, indicating that market sentiment is warming up. At the same time, in terms of volume-price coordination, the recent rebound has been accompanied by a corresponding increase in trading volume, which indirectly verifies the market's renewed confidence in the company. …… continue to expand

Morning Trend | HUADIAN POWER (0171.HK) Technical Repair and Recovery

DBS analyst Patricia Yeung has downgraded Huaneng Power International (HUNGF) to a Hold with a price target of HK$6.10. The analyst consensus for Huaneng Power is Moderate Sell, with a lower price target consensus of HK$4.54. Yeung has a 6.5% average return and a 61.82% success rate on her stock recommendations, focusing on the Utilities sector.

ISHRS S&P Glb Utilities

DBS downgrades Huaneng Power International (HUNGF) to a Hold

HUADIAN POWER(01071.HK)