Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from China Power International Development ( (HK:2380) ).
China Power International Development Limited reported a decrease in electricity sales for May 2025, with a total of 10,286,324 MWh sold, marking a 10.16% decline compared to the same month last year. Over the first five months of 2025, the company sold 51,237,216 MWh, a 2.30% decrease from the previous year. The decline was primarily driven by a significant drop in hydropower and coal-fired power sales, while wind and photovoltaic power saw increases. The reclassification of certain power plants due to changes in control and ownership has also impacted the reported figures.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 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 company incorporated in Hong Kong, primarily engaged in the development and operation of power plants. The company focuses on various types of power generation, including hydropower, wind power, photovoltaic power, coal-fired power, natural gas power, and environmental power.
Average Trading Volume: 28,682,297
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$38.22B
Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.