ENN Energy Privatization Delay: ENN Energy has extended the deadline for dispatching its privatization scheme document to no later than January 30, 2026, due to the need for more time to meet pre-conditions, which was anticipated by the market.
Impact on Share Prices: JPMorgan believes the delay in ENN Energy's privatization scheme may have a slight negative effect on its share price, while its H-shares are viewed as offering better risk-return compared to A-shares.
China Gas Hold Performance: China Gas Hold reported a 24.2% decline in interim net profit for 1HFY2026, with weak operational indicators, but is expected to see a gradual recovery in gas sales over the next few months.
Market Opportunities: JPMorgan suggests that investors consider market entry opportunities in KUNLUN Energy, which is projected to achieve over 5% sales growth in 2H25, alongside improvements in gas sales for other companies like China Resources Gas.
Wall Street analysts forecast 00135 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00135 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00135 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00135 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 7.400
Low
Averages
High
Current: 7.400
Low
Averages
High
BofA Securities
BofA Securities
maintain
Al Analysis
2025-11-12
Reason
BofA Securities
BofA Securities
Price Target
Al Analysis
2025-11-12
maintain
Reason
The analyst rating for PETROCHINA was maintained as a Buy due to the relatively stable average selling price of natural gas and the narrowing losses on imported natural gas as oil prices decline. Additionally, the target price for PETROCHINA was raised by 12% to HKD9.5.
In contrast, KUNLUN ENERGY was downgraded from Neutral to Underperform because industrial customers, who account for 75% of the company's retail natural gas sales, are likely to be more price-sensitive. With costs remaining almost unchanged, KUNLUN ENERGY will need to cut prices to maintain customer appeal, leading to a lowered target price of HKD7.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
