China Resources Power Holdings Co Ltd

00836: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Chinese Power Utilities’ Shares Prices Retreat After Stimulus Disappointment; Opportunities Remain

Chokwai Lee

Nov 29, 2024

After a short rally following China's stimulus announcement on Sept. 24, share prices of our China power utilities coverage retreated by about 20% on average since early October, as the market is likely disappointed with the lack of further government supportive measures.

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China Resources Power Holdings Co Ltd

Chinese Power Utilities’ Shares Prices Retreat After Stimulus Disappointment; Opportunities Remain

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