China Resources Gas Group Ltd

01193: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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China Gas Utilities Face Subdued Sales Volumes and Near-Term Dollar Margin Pressure

Chokwai Lee

Nov 2, 2026

China's apparent natural gas consumption fell 2.7% year over year in the first eight months of 2026, reflecting softer demand amid slower economic growth. This has weighed on gas sales volumes for China's gas utilities.

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China Resources Gas Group Ltd

China Gas Utilities Face Subdued Sales Volumes and Near-Term Dollar Margin Pressure

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