《大行報告》匯豐研究:內地限高耗能企業用電 助冷卻煤價 籲買中國電力及潤電
匯豐環球研究發表報告,指去年年底內地電力供需情況緊張,主因工業需求強勁特別是來自能源集中行業,兼且水電產能減少,不過該行料此情況並不可持續,內地部份地方政府已出台措施限高耗能企業用電,預期整體能源供需關係可以溫和改善,除非冬天較預期寒冷。
該行指,部份省份政府正開始實施限電措施,針對了化工和鋼鐵業等,以符合國家要求減少傳統電力使用的要求。
該行表示,目前內地煤價高企,令內地發電廠成本大增及影響盈利,雖然發改委已採取措施增加供應,惟仍被水浸、礦場意外等因素所影響,不過內地近日限電措施有助令需求下降,預期有助冷卻煤價。
該行重申對中國電力(02380.HK)和華潤電力(00836.HK)「買入」評級,目標價分別為4.4元及23.2元。
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