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China Power International Development ( (HK:2380) ) just unveiled an announcement.
China Power International Development Limited reported a decline in electricity sales for October 2025, with a total of 9,235,140 MWh sold, marking a 5.29% decrease compared to the previous year. The company’s overall sales for the first ten months of 2025 also saw a decrease of 2.51% year-on-year. The announcement highlights changes in the company’s power plant classifications, with wind power projects now under controlled power plants and coal-fired power generation reclassified as major associates. These shifts reflect strategic adjustments in the company’s operations and could impact its market positioning and stakeholder interests.
The most recent analyst rating on (HK:2380) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited is a Hong Kong-based company engaged in the electricity industry. The company focuses on the development and operation of various power plants, including hydropower, wind power, photovoltaic power, coal-fired power, and natural gas power.
Average Trading Volume: 23,277,119
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$41.93B
For a thorough assessment of 2380 stock, go to TipRanks’ Stock Analysis page.