The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that Longyuan Electric Power's (00916.HK) stock price from the beginning of the year has outperformed the national index by about 11% during the same period. The current price level valuation is only 0.5 times the predicted market account ratio for the 2027 fiscal year, which is at a low level in 15 years. According to Komo, although the company is facing rising abandonment rates and pressure to market-based reform of electricity prices, its strategic role in the national energy system is being strengthened, and the current valuation is very attractive. Therefore, the investment rating was raised from “neutral” to “increase”, and the target price remained unchanged at HK$7.

The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that Longyuan Electric Power's (00916.HK) stock price from the beginning of the year has outperformed the national index by about 11% during the same period. The current price level valuation is only 0.5 times the predicted market account ratio for the 2027 fiscal year, which is at a low level in 15 years. According to Komo, although the company is facing rising abandonment rates and pressure to market-based reform of electricity prices, its strategic role in the national energy system is being strengthened, and the current valuation is very attractive. Therefore, the investment rating was raised from “neutral” to “increase”, and the target price remained unchanged at HK$7.