Daily BriefsUtilities Sector

Daily Brief Utilities: China Longyuan Power and more

In today’s briefing:

  • BUY/SELL/HOLD: Hong Kong Stock Updates (December 13)


BUY/SELL/HOLD: Hong Kong Stock Updates (December 13)

By David Mudd

  • The H share market continues to be the top performing market in Asia in 2024.  The HSCEI has outperformed all Asian markets on a USD basis.
  • China Longyuan Power (916 HK) was rated a BUY at JP Morgan with the company hosting a roadshow to discuss its future growth strategy. 
  • China Resources Beverage (2460 HK) was initiated as a BUY at CMB International as the company rapidly expands into the ready-to-drink category with teas and sports drinks.

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