Zhitong Financial APP learned that power stocks rose generally in early trading. As of press time, China Resources Power Holdings (00836) rose 4.54% to HK $16.12, Huaneng International (00902) rose 2.34% to HK $3.94, China Power (02380) rose 2.39% to HK $4.71 and Huadian International (01071) rose 1.42% to HK $2.85.
Chuancai Securities said that the power industry is currently in a post-epidemic growth recovery period. In the first half of 2022, many provinces and cities in China were disturbed by the Omicron epidemic, and the overall electricity consumption decreased synchronously. At present, approaching the summer of 2022, the epidemic situation in more provinces and cities is gradually fading, the pace of production and life is gradually restored, market confidence is gradually warming up, and the overall electricity consumption is expected to pick up gradually.