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The Zhitong Finance App learned that Morgan Stanley released a research report saying that although the valuation of Longyuan Electric Power (00916.HK) is not high, it faces deterioration in wind resources and pressure on electricity prices, and the wind power business is weak, so its target price for H shares was reduced by 20% from HK$7.5 to HK$6; Longyuan Electric (001289.SZ) A-share target price was lowered by 14% from RMB 17 to RMB 14.6, and AH shares all maintained a “sync with the market” rating.
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The Zhitong Finance App learned that Morgan Stanley released a research report saying that although the valuation of Longyuan Electric Power (00916.HK) is not high, it faces deterioration in wind resources and pressure on electricity prices, and the wind power business is weak, so its target price for H shares was reduced by 20% from HK$7.5 to HK$6; Longyuan Electric (001289.SZ) A-share target price was lowered by 14% from RMB 17 to RMB 14.6, and AH shares all maintained a “sync with the market” rating.
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