China Resources Power Holdings Co Ltd
00836: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Y! | LOCK|%Qp | LOCK|LLSlPl |
Chinese Power Utilities Not Attractive; Investors Should Wait for Cheaper Entry Points
Share prices of the China power utilities under our coverage have fallen by about 3% on average since late October, following the release of third-quarter results. This contrasts with an average 6% rise in the third quarter due to accelerated subsidy collections.
