According to a report published by Credit Suisse, mainland utility stocks recorded a strong increase after the Mid-Autumn Festival holiday. In particular, private coal power producers are believed to be beneficial to lower-valued stocks when market conditions fluctuate. However, it is believed that after stock prices rose, risk reward attraction declined recently due to rising costs (port coal prices have risen to 1,300 yuan to 1,400 yuan per ton), putting profit pressure on power producers. Among private power producers, Rundian (0836.HK) is more optimistic, since its share of the new energy business is relatively high, which can be used as a buffer.

The bank is optimistic about Goldwind (2208.HK), Dongfang Electric (1072.HK), China Fuel (0384.HK), and Beikong Water (0371.HK), indicating that their basic factors are strong and their valuations are low. Among them, Tarifeng will benefit a large number of new energy businesses. In addition, Dongfang Electric, which accounts for 40% of the hydropower market, will also”Fourteen five” The plan is to double the energy storage capacity of its water pump. In terms of natural gas stocks, compared to Xinao Energy (2688.HK)and China Resources Gas (1109.HK), the bank's preference is on the rise.