HK Stock Market Move | Power stocks increase in the afternoon, with the possibility of improving profits and reassessing their value as the opinions on improving the national electricity market are released.

In the afternoon, the stock prices of power companies increased. As of the time of writing, Huaneng Power International, Inc. (00902) rose by 6.54% to HK$6.03; DATANG POWER (00991) rose by 5.22% to HK$2.62; Huadian Power International Corporation (01071) fell by 4.46% to HK$4.45; CHINA RES POWER (00836) rose by 1.81% to HK$18.59. In recent news, the General Office of the State Council officially issued the "Implementation Opinions on Improving the National Unified Electricity Market System". Guoshengnan released a research report stating that with the introduction of the top-level design of the national unified electricity market, the multidimensional value of electricity resources such as energy, regulation, environment, and capacity will be fully reflected by the market. The power sector is expected to see improved profitability and revaluation of value. Orient released a research report pointing out that the coal-fired power capacity compensation ratio in various provinces in China is expected to continue to increase by 2026. In addition, with the spot market fully expanding nationwide, thermal power plants will gradually shift from base load power sources to regulatory power sources, showing signs of improvement in their business models. It is expected that by 2026, the dividend capacity and willingness of the thermal power industry will continue to increase.