HK Stock Market Move | CGN POWER (01816) is now up over 4%, highlighting the hedging asset attributes of nuclear power. Institutions say that the approval of nuclear power opens up growth opportunities.

CGN POWER (01816) is now up more than 4%, rising to 4.31% at the time of writing, at 3.39 Hong Kong dollars, with a trading volume of 193 million Hong Kong dollars. On the news front, due to the Iran crisis, Qatar Energy Company has announced a production halt, while shipping in the Hormuz Strait is nearly at a standstill, exacerbating global natural gas supply risks. International natural gas prices are expected to see a temporary increase. CMSC has released a research report stating that as a typical safe-haven asset, with the continuous evolution and intensification of geopolitical risks, hydropower and nuclear power are expected to be favored by market funds. Shenwan Hongyuan Group also stated that nuclear power fuel costs account for a low proportion and the cost structure has remained basically unchanged for many years. After production, the hours of electricity generation are high and stable. By 2025, approval has been given for 10 nuclear power units, continuing the high approval pace, opening up growth space for nuclear power companies, and the profit scale of nuclear power gradually increasing with the production of nuclear power units. It is recommended to focus on China National Nuclear Power and CGN Power Co., Ltd. (A+H).