Zhitong Financial APP has learned that Morgan Stanley has released a research report saying that it will be CGN New Energy.$CGN New Energy (01811.HK) $The rating was upgraded from "keep pace with the market" to "overweight" to reflect the net profit forecast and the deterioration of market sentiment, and forecast that the net profit this year and next will be US $2.4 / 275 million, 10.8% lower than the earlier forecast, and the net profit is estimated to be US $288 million in 2024. The target price was lowered from HK $6 to HK $4. In addition, as the company's two large offshore wind farms went into production at the end of last year, renewable energy generation increased by 12.1% in the first quarter compared with the same period last year, the highest in the industry.