Tracking the concept of Hong Kong stocks | The world is expected to usher in a concentrated upswing in the construction of new nuclear power plants, and the nuclear power industry chain is receiving attention (with listed stocks)

This year, there have been continuous positive news in the nuclear power industry. Recently, the World Bank made a decision to end its financing ban on nuclear energy projects since 1959. The European Commission recently stated that expanding nuclear energy programs in EU countries will require an investment of 241 billion Euros, and new financing tools will need to be established to reduce the high cost risks faced by private investors. The European Commission said in a draft of investment needs analysis that EU countries have plans to increase nuclear power capacity from the current 98 gigawatts to 109 gigawatts by 2050. According to the "China Nuclear Energy Development Report" released by the China Nuclear Energy Association, global nuclear energy development is experiencing a comprehensive revival. With the current construction speed and pace, China is expected to rank first in the world in terms of installed nuclear power capacity by 2030; it is estimated that China's installed nuclear power capacity needs to reach 200 million kilowatts by 2040, accounting for about 10% of the electricity generation. A research report by CITIC SEC stated that as an important base load power source, nuclear power plays an important role in the energy transformation and "dual carbon" construction process, providing stable clean energy supply and supporting the recovery and development of the nuclear power industry. Against this background, the global nuclear power construction is expected to see a concentrated upturn, with China continuously adding approved nuclear power units for several years and ranking first in the world in terms of construction scale; countries like Europe and the United States are gradually resuming nuclear power construction, which may benefit the nuclear power industry chain order demand. It is recommended to pay attention to natural uranium, midstream core equipment, and post-processing. Related Hong Kong stocks in the nuclear power industry chain: Natural uranium: CGN Mining (01164), CNNC Int'l (02302) Nuclear power equipment: Dongfang Electric Corporation (01072), Shanghai Electric Group (02727)