Policy positive promote new energy stocks against the city strong vision of the relevant planning issued

Source: Internet
Author: User
Keywords Hong Kong stocks China wind power photovoltaic shares new energy stocks
Securities Times reporter Wu Jiaming because the market is looking forward to the mainland on the new Energy development planning of the relevant policies will be introduced, Hong Kong stock market in the new energy sector yesterday was generally strong against the city, a lot of stocks in the early trading more than a greater degree of increase.  In the afternoon of the index "diving" market, the new energy unit's gains narrowed, but most still can be Hongpan. New Energy development planning has become one of the most concerned topics in the industry. At a press conference held on June 1, Liu Qi, deputy director of the National Energy Bureau, said that the National Energy Bureau had initially formed a more mature discussion paper on the new Energy development plan. And the planning of the introduction, still need further in-depth research, in the conditions of maturity, the appropriate time will be issued.  The plan defines energy primarily in two areas, one aspect is about new energy sources such as wind power, solar energy, biomass, and new energy, such as clean, efficient use of coal, new fuel and smart grids for traditional energy technologies. The market also makes a positive reading of the news, looking forward to the relevant planning will be introduced, good related to the performance of new energy stocks, such as: by the company to buy Taiwan's Jing-Mao photoelectric shares of the positive support, Sunshine Energy (00757.HK) is the most robust, once rose nearly 12%, the final closed to 3.18 Hong Kong dollar, Rose 9.28%. Sunshine Energy announced that it would cost HK $232 million to acquire a 78.9% per cent stake in Taiwan's Jintian photovoltaic. It is also learnt that Jingguang shares will use the proceeds of sale to subscribe to HK $2.92 per share for 78.9241 million shares of sunshine Energy. Analysts said the deal would extend to the Sun's energy business, and Jingguang shareholders subscribed to the sun-energy stock, suggesting they were optimistic about the prospects for solar energy. It is worth mentioning that the turnover of sunshine Energy yesterday enlarged to HK $210 million, more than 3 times times the volume of Monday.  The high of HK $3.31 is also the highest in the year, and analysts expect the spot to be the first resistance in the near term, but not too much resistance. In addition, China Wind Power (00182.HK) yesterday morning also rose more than 10%, the final closed to 0.94 Hong Kong dollar, or about 8.05%; Industrial Solar (00750.HK) early increase of nearly 8%, but the end of the city accelerated decline and once turned green, the final closed to 4.62 Hong Kong dollar, slightly up 0.87%  , Hong Kong's New Energy (00987.HK) closed at HK $0.8, up 3.9%, and China Power New Energy (00735.HK) closed at HK $0.64 and Rose 3.23%. Analysts said that in the long run, with the help of relevant policy support, the new energy industry will have more mergers and acquisitions, so the speculation on such stocks is unlikely to end soon, any correction for investors is a good opportunity to intervene. But some analysts said the recent pullback in the index of the pressure, the new energy unit performance will be affected.
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