BOCOM International released a research report stating that it maintains a 'buy' rating for China Power (02380.HK). Taking into account the adjustments of utilization hours and installed capacity forecasts for wind/solar/hydropower sectors, the company's earnings per share forecasts for 2024-2026 were raised by 2.2%/2.5%/0.3%. The target price was raised to HKD 4.75 (previously HKD 3.9) with an expected 50% dividend payout ratio. The 7.7% dividend yield in 2025 is still somewhat attractive.
交银国际：维持中国电力(02380.HK)“买入”评级 目标价上调至4.75港元
Bocom Intl: Maintains a "buy" rating on China Power (02380.HK) with a target price of HK$4.75.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.