3i Group signs the Alibunar project in Serbia with a total installed capacity of 168MW.

date
06/06/2025
Recently, Sanren Heavy Industry successfully signed a power purchase agreement and a electricity price difference contract for the Alibunar project in Serbia, marking a key step for Sanren Heavy Industry in the field of new energy in Serbia. The total installed capacity of the project is 168MW, and the annual online power generation after the project is completed can reach about 480 million kilowatt-hours. The project is planned to have a construction period of 2 years, an operation period of 25 years, and is expected to achieve commercial operation by 2028.
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Recently, amid the background of intensified regulatory policies in the United States and tense geopolitical situation, the return of Chinese concept stocks has once again become a hot topic. The Hong Kong Special Administrative Region government hopes to consolidate its position as the "preferred location" for the return of Chinese concept stocks through institutional optimization and upgrades in connectivity. Top companies such as Alibaba, JD.com, and NetEase have taken the lead in completing dual listings or secondary listings in the Hong Kong stock market, and small and medium-sized Chinese concept stocks will gradually follow suit. Recently, Deputy Secretary for Financial Services and the Treasury of Hong Kong, Chan Ho-man, revealed that since the listing system reform in 2018, 33 Chinese concept stocks have been listed in Hong Kong, accounting for more than 70% of the total market value of all Chinese concept stocks. However, some voices in the industry believe that there are still shortcomings in the capacity, liquidity, and valuation discount of the Hong Kong stock market that need to be overcome. This situation is changing, as the Hong Kong dollar exchange rate has frequently touched strong-side convertibility, reflecting a trend of surging capital inflows that the Hong Kong Monetary Authority has intervened in multiple times. With the expansion of the Stock Connect in June and the introduction of liquidity support tools (LMM), the return of Chinese concept stocks may shift from pure hedging to proactive market positioning. (Securities Times)
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