<Research>BOCOMI Ratings and Target Prices for New Energy Stocks (Table)
Stock Performance: CHINA RES POWER shares fell by 1.567%, while CHINA LONGYUAN saw a slight increase of 0.294%. Other companies like CHINA POWER and DATANG RENEW also experienced minor declines.
Short Selling Data: CHINA RES POWER had significant short selling at $120.07M with a ratio of 24.743%, while CHINA LONGYUAN's short selling was $14.07M at a ratio of 13.279%.
Analyst Ratings: DBS has cut the target price for CHINA LONGYUAN to $7.1 but maintains a Hold rating, while Citi downgraded it to Neutral due to disappointing interim earnings.
Interim Earnings Reports: CHINA RES POWER reported a 16% decline in interim net profit to $7.872 billion, leading to a reduction in its interim dividend per share to 35.6 cents.
Trade with 70% Backtested Accuracy
Analyst Views on 00579
About the author
<Research>BOCOMI Ratings and Target Prices for New Energy Stocks (Table)
Stock Performance: CHINA RES POWER shares fell by 1.567%, while CHINA LONGYUAN saw a slight increase of 0.294%. Other companies like CHINA POWER and DATANG RENEW also experienced minor declines.
Short Selling Data: CHINA RES POWER had significant short selling at $120.07M with a ratio of 24.743%, while CHINA LONGYUAN's short selling was $14.07M at a ratio of 13.279%.
Analyst Ratings: DBS has cut the target price for CHINA LONGYUAN to $7.1 but maintains a Hold rating, while Citi downgraded it to Neutral due to disappointing interim earnings.
Interim Earnings Reports: CHINA RES POWER reported a 16% decline in interim net profit to $7.872 billion, leading to a reduction in its interim dividend per share to 35.6 cents.
<Research>BOCOMI Ratings and Target Prices for New Energy Stocks (Table)
Stock Performance: CHINA RES POWER shares fell by 1.567%, while CHINA LONGYUAN saw a slight increase of 0.294%. Other companies like CHINA POWER and DATANG RENEW also experienced minor declines.
Short Selling Data: CHINA RES POWER had significant short selling at $120.07M with a ratio of 24.743%, while CHINA LONGYUAN's short selling was $14.07M at a ratio of 13.279%.
Analyst Ratings: DBS has cut the target price for CHINA LONGYUAN to $7.1 but maintains a Hold rating, while Citi downgraded it to Neutral due to disappointing interim earnings.
Interim Earnings Reports: CHINA RES POWER reported a 16% decline in interim net profit to $7.872 billion, leading to a reduction in its interim dividend per share to 35.6 cents.
