On November 3, CHINA LONGYUAN rose 6.49% in Regular Trading, trading at HK$5.5, with turnover of HK$113 million.
The move was accompanied by renewed market attention on the company’s third-quarter operating trend, as the decline in wind power generation narrowed sharply and receivables financing recorded a net decrease, helping improve sentiment.
Previously disclosed data showed CHINA LONGYUAN generated 56.2504 million MWh in the first three quarters, down 0.52% year on year. In September alone, total power generation rose 7.08%, with wind power up 3.20% and solar power up 20.21%. Separately, a recent broker report maintained a buy rating, citing continued project progress in multiple regions and capacity expansion as support for long-term value, even though the company’s first-three-quarter profit declined year on year.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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