The National Certification International published a report indicating that, under the overall organization of the National Energy Administration, the China Electricity Council, in cooperation with State Grid, Southern Grid, and over 20 large power generation groups, compiled the "Blue Book". It systematically summarizes the achievements of the construction of China's power market, analyzes the situation and challenges in-depth, and proposes the development path and key tasks for further promoting the construction of a unified national electricity market. The "Blue Book" clearly defines the "roadmap" and "timetable" for the development of a unified national electricity market for the first time, providing a clear direction for the healthy, orderly, and efficient development of China's power market.
The bank indicated that the entry of new energy into market trading has accelerated compared to previous expectations, leading to reasonable return enhancement policy expectations for new energy power operating enterprises entering the market. Currently, the overall valuation of the power Operator Sector in Hong Kong stocks remains relatively low, with the dividend yield of several Stocks exceeding 6%. Investors are advised to pay attention to high-quality power Operators with low valuations and high dividends, such as CHINA RES POWER (00836.HK) and high-quality new energy power Operators like CHINA LONGYUAN (00916.HK) and CHINA SUNTIEN (00956.HK).