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53699 JP#HSI RP2711E (R BEAR)
RT Nominal down0.158 -0.021 (-11.732%)

22/08/2025 14:43

{I-bank focus}Daiwa lowers China Res Power to HKD17.5

[ET Net News Agency, 22 August 2025] Daiwa lowered the target price for China Res Power
(00836) to HKD17.5 from HKD19.5 and maintained the "hold" rating.
The research house said to reflect the 1H25 trend, it incorporates impairment changes
and cuts power price estimate for both coal-fired and renewable segments by another 2% for
2025E and 1% for 2026E, which caused 2025-27E EPS to drop by 8-9%. (rc)

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