According to the Zhitong Finance and Economics APP, SFCE (01165) surged more than 46% at the close, up 40% as of the time of publication, trading at HKD 0.042, with a turnover of 32.569 million Hong Kong dollars.

On the news front, on September 24th, the Energy Administration issued the "Basic Rules for Registration of the Electrical Power Market," which specifies the basic conditions for eight types of operators, including power generation companies, power sales companies, electricity users, new energy storage, virtual power plants, intelligent microgrids, distributed power sources, and electric vehicle charging facilities, to enter the electrical power market. Huaxin Securities pointed out that the newly introduced "Rules" is another nationally unified basic rule to be implemented following the "Basic Rules for Long-term Power Trading," "Basic Rules for Spot Power Market (trial implementation)," and "Basic Rules for Power Market Information Disclosure."

Guoyuan International previously pointed out that the demand for electrical utilities demonstrates good resilience, with no need to excessively worry about the downward trend of market-based electricity prices; against the backdrop of interest rate cuts at home and abroad, as interest-sensitive sectors with heavy capital investments, electrical utilities are expected to benefit from lower interest rates, leading to increased project investment returns and overall financial cost reductions, helping stabilize and grow the performance of electrical utility operators. Additionally, the dividend payout ratio in the electrical utilities industry has been increasing in recent years. Electrical assets have the nature of sustainable operation as public utilities, especially hydroelectric power and nuclear power, which have relatively stable electricity prices and exhibit attributes similar to long-term bonds. The mid- to long-term investment value of electrical assets is expected to be further reassessed.