CICC: Lowering target price of China Longyuan Power Group Corporation Limited (00916.HK) to HKD 7.81, maintaining "buy" rating.

According to the Zhitong Finance APP, CICC International released a research report stating that it has lowered the target price of China Longyuan Power Group Corporation Limited (00916.HK) to 7.81 Hong Kong dollars and maintained a "buy" rating. Considering the wind power transaction electricity price and operating expenses in the first quarter of the company, the bank lowered the company's profit forecast for 2025/2026 by about 2.4%/2.4%.