HK Stock Market Move | CGN POWER (01816) drops more than 3% in the first quarter, with a year-on-year decrease of 10.11% in total electricity generated.
China General Nuclear Power Corporation (01816) fell more than 3%, as of the time of publication, it dropped by 3.18% to HK$3.35, with a turnover of 175 million Hong Kong dollars.
CGN POWER (01816) fell by more than 3%, dropping by 3.18% to HK$3.35 at the time of the report, with a turnover of HK$175 million.
In terms of news, CGN POWER announced that, according to statistics, from January to March 2026, the total electricity generated by the nuclear power units operated and managed by the group was approximately 540.96 billion kilowatt-hours, a year-on-year decrease of 10.10%. The total electricity sent to the grid was approximately 509.57 billion kilowatt-hours, a year-on-year decrease of 10.11%.
The announcement stated that in the first quarter of 2026, the group completed 4 annual overhaul and 2 ten-year overhaul projects as planned. In the second quarter, in addition to continuing the ongoing overhaul projects, the group plans to start 2 annual overhaul projects and 1 ten-year overhaul project.
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