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<Research>JPM Hikes CHINA RES POWER TP to HKD21.5, Adjusts Earnings Forecast for 2025/ 26
In view of a sharper-than-expected degree of decline in fuel costs for CHINA RES POWER (00836.HK), the group's earnings forecast for FY2025 was raised by 4% by JP Morgan, which...
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<Research>JPM Hikes CHINA RES POWER TP to HKD21.5, Adjusts Earnings Forecast for 2025/ 26
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In view of a sharper-than-expected degree of decline in fuel costs for CHINA RES POWER (00836.HK)  -0.260 (-1.308%)    Short selling $16.78M; Ratio 20.527%   , the group's earnings forecast for FY2025 was raised by 4% by JP Morgan, which released a research report on the stock.

For FY2026, despite low coal prices, the earnings forecast was trimmed by 9% considering a larger tariff decline. The target price was increased from HKD20.5 to HKD21.5, and the Overweight rating was maintained.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

Related NewsM Stanley Expects Shr Prices of CHINA RES POWER/ HUANENG POWER to Rise in Next 30 Days on Potential Weakening of Coal Price

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