Huaneng Power slips most in 8 weeks after reporting lower electricity sold
BUZZ-Huaneng Power slips most in 8 weeks after reporting lower electricity sold ** Hong Kong shares of Huaneng Power International 0902.HK fall 3.9% to HK$6.08, on course for biggest one-day pct drop since August 19
** Stock on track to snap three straight sessions of gains
** Shanghai-listed stock 600011.SS slips 2.2% to 7.42 yuan after two straight sessions of gains
** Chinese power generation group says electricity sold by its power plants in Q3 amounted to 113.321 billion kWh, down 9.9% y/y
** For first three quarters of 2026, electricity sold by the power plants amounted to 312.900 billion kWh, down 5.6%
** New energy and hydropower nationwide reduced generation space available to the company's generating units, resulting in decrease in utilisation hours - Huaneng
** YTD, Hong Kong stock up 6.4%, while Shanghai-listed shares down 0.1%
(Reporting by Donny Kwok)
Recent news on Huaneng Power International
See all newsSHH Margin Trading -- HPI Margin Long Amount is 1,343 (x10000) yuan, Short Selling Volume is 5 (x10000) shares
SHH Margin Trading -- HPI Margin Long Amount is 2,412 (x10000) yuan, Short Selling Volume is 1 (x10000) shares
SHH Margin Trading -- HPI Margin Long Amount is 2,337 (x10000) yuan, Short Selling Volume is 0.38 (x10000) shares
SHH Margin Trading -- HPI Margin Long Amount is 2,711 (x10000) yuan, Short Selling Volume is 24 (x10000) shares
SHH Margin Trading -- HPI Margin Long Amount is 3,025 (x10000) yuan, Short Selling Volume is 1 (x10000) shares