The Zhitong Finance App learned that CGN New Energy (01811) opened more than 5% lower. As of press release, it fell 5.1% to HK$2.14, with a turnover of HK$1,887,500.

According to the news, CGN New Energy announced that profit attributable to shareholders in the first half of the year is expected to drop by about 49.8% year on year. This is mainly due to a decrease in feed-in tariffs and power generation for wind power projects; and other decreases in revenue and loss. Excluding the impact of one-time sales proceeds, the expected profit attributable to equity shareholders during the period fell by about 41.3% year over year.

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