CITIC Securities released a research report saying that the electricity growth rate of the entire society fell marginally to 3.7% in June, mainly due to weak electricity demand from urban and rural residents and secondary sector segments such as chemicals, while the growth rate of high-end technology industries such as electricity and computers remained strong. We recommend leading hydropower, nuclear power, and coal-power integrated enterprises with high underlying assets; H-share thermal power and H-share green power with safe valuations and attractive dividends; new scenarios and models that benefit from digitalization and the increasing integration of new power systems, such as virtual power plants and microgrids.

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