Movement Alert｜CGN POWER Intraday Rise 3.16%, September-Quarter Operating Update Showed Higher Nuclear Output

Market Focus10-20

On October 20, CGN POWER rose 3.16% in Regular Trading, trading at HK$3.435, with turnover of HK$39.41 million.

A recent company update showed operating momentum remained positive: total power generation from nuclear units managed by the group for January to September reached about 189.698 billion kWh, up 3.76% year over year, while total commercial on-grid power generation rose 2.65% to about 176.749 billion kWh.

The broader backdrop was also constructive. The company said Huizhou Unit 2 entered commercial operation in August, Zhaoyuan Unit 2 completed first concrete in September, and Huizhou Units 5 and 6 had already received State Council approval and were in preparation for first concrete. In addition, the board is scheduled to review third-quarter results on October 28, keeping investor focus on earnings follow-through and capacity expansion progress.

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