《大行》花旗:华电(01071.HK)今年展望好坏参半 评级“沽售” 火电股偏好润电(00836.HK)

阿斯达克财经
Jan 13, 2025

花旗发表报告,指华电国际(01071.HK) 的2025年展望,将主要取决于本地煤炭价格和母公司注入的煤电资产(将发行新股,有待上海证券交易所批准)。考虑到单位燃料成本按年下降8%,而电价相对稳定,2024年华电的暗利差(即平均电价减去单位燃料成本)按年扩大。2025年的暗利差存在不确定性,因为许多电价和单位燃料成本尚未确定。虽然其煤电厂的发电能力似乎基本可持续,但随着竞争加剧和可再生能源的替代,...

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