The Zhitong Finance App learned that UBS released a research report saying that Kunlun Energy (00135) announced an interim interest rate of RMB 19.16 cents, an increase of 15.4% over the previous year, and the payout ratio rose to 50%, which was higher than market expectations. The company updated the 2026 fiscal year guidelines and is more cautious about its retail sales outlook. It is expected that retail gas growth will remain roughly flat throughout the year, lower than the 3% increase previously predicted. The usage rate guideline for liquefied natural gas (LNG) terminals was lowered from 85% to 90% to 80%, while the LNG processing volume growth guideline was raised from 3 to 5% to 13%. The bank raised Kunlun Energy's earnings estimate per share by 1% to 4% for the 2026-28 fiscal year, and slightly raised the target price from HK$10.7 to HK$10.8, maintaining a “buy” rating.

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