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《大行報告》花旗:看好龍源(00916.HK)及中廣核(01816.HK) 指成本穩定及受惠市場化電價
花旗發表報告表示,內地9月電力需求增長放緩,9月按年增長僅6.8%,對比今年首九個月按年增幅爲12.9%,認爲增長減速歸因於內地省份對能源消費設上限及高煤價阻礙了燃煤發電。該行料內地電力需求增長可能在今年第四季度進一步放緩至5%以下水平。 該行指,雖然內地政府已上調市場的基本電價,但認爲相關電價上漲不足抵銷燃煤電廠因機組煤炭成本激增(今年料上漲逾35%)。在中資電力行業,該行予華能(00902.HK)和華電(01071.HK)等燃煤發電營運商均予「沽售」投資評級。 花旗表示,對龍源電力(00916.HK)和中廣核電力(01816.HK)等運營成本相對穩定、受益於較高的市場化電價的清潔能源營運商,給予「買入」評級,各予目標價19元及2.2元。
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