Changes in Hong Kong stocks | Power stocks expanded in the afternoon to peak in summer, driving demand bursts, and electricity consumption loads in many places have broken historical peaks

The Zhitong Finance App learned that the increase in power stocks increased in the afternoon. As of press release, Datang Power (00991) rose 4.24% to HK$2.46; Longyuan Electric (00916) rose 3.97% to HK$5.5; China Electric Power (02380) rose 3.28% to HK$2.83; and Huaneng International (00902) rose 3.28% to HK$5.98.

According to news, on July 14, the country's electricity consumption reached a new high of 1,551 billion kilowatts, and the electricity consumption load of power grids in central China and various provincial power grids such as Jinan, Sichuan, Hubei, and Hunan broke through historical peaks. The National Development and Reform Commission determined that the country's maximum electricity consumption load will reach about 1.6 billion kilowatts this summer, an increase of about 90 million kilowatts over last year. The China Telecommunication Union, on the other hand, expects the electricity consumption of the whole society to increase by 5%-6% year on year in 2026.

Guoyuan International said that July-August is still a critical stage for the traditional peak of summer. If the hot weather continues, residents' cooling load and commercial load are still expected to pick up; at the same time, the boom in industrial production, charging and switching, and data centers will still provide bottom support. The power sector boom judgment should still be based on the main line of “stable total volume and structural upgrade”.