According to a research report published by UBS, CGN Power is in an advantageous position to accelerate the deployment of small modular reactors, and may benefit from the development of nuclear fusion technology and breakthroughs in nuclear energy technology in the long run. The bank raised its rating to “neutral”. The current valuation is reasonable, and the target price has been raised from HK$2.3 to HK$3.4.

According to a research report published by UBS, CGN Power is in an advantageous position to accelerate the deployment of small modular reactors, and may benefit from the development of nuclear fusion technology and breakthroughs in nuclear energy technology in the long run. The bank raised its rating to “neutral”. The current valuation is reasonable, and the target price has been raised from HK$2.3 to HK$3.4.