HKG:0836

China Resources Power Unit Completes Overallotment Option for A-Share IPO

China Resources Power Holdings (HKG:0836) said its spun-off unit, China Resources New Energy Holdings, completed the exercise of the overallotment option for its Shenzhen A-share initial public offering, increasing total proceeds to about 24.5 billion yuan, according to a Monday Hong Kong bourse filing.The unit issued an additional 316.1 million A shares at 10.11 yuan apiece, bringing the total number of shares issued to 2.42 billion from 2.11 billion.Net proceeds from the offering, after deducting issuance expenses, amounted to about 24.3 billion yuan.

China Resources New Energy Soars 137% in Shenzhen Trading Debut

China Resources New Energy (SHE:001248) shares soared 137% to close at $23.95 on its first trading day on the Shenzhen Stock Exchange Thursday.The power company raised 24.5 billion yuan from the IPO, in what the Financial Times described as the biggest in Asia this year.At open, the stock jumped 114% from its IPO price of 10.11 yuan.Earlier during the IPO, the China Resources Power Holdings (HKG:0836) unit reallocated part of the publicly offered shares after the clawback mechanism was activated due to online subscriptions exceeding the threshold of 100 times.

China Resources Power Unit to Debut in Shenzhen on July 2

China Resources Power (HKG:0836) said its spun-off subsidiary, China Resources New Energy (SHE:001248), will begin trading on the Shenzhen Stock Exchange on July 2.Following the listing, China Resources Power's stake in the subsidiary will decrease to 83.8%, or 81.8% if the over-allotment option is fully exercised, according to a Tuesday Hong Kong bourse filing.China Resources New Energy will remain a consolidated subsidiary of the company.The company aims to raise about 24.5 billion yuan in the Shenzhen initial public offering.The listing is poised to become Asia's largest IPO for this year, Reuters reported, citing LSEG data.

CR Power's New Energy Unit Sets Offer Price for Shenzhen Listing

China Resources Power Holdings (HKG:0836) said its spun-off subsidiary, China Resources New Energy (SHE:001248), priced its Shenzhen initial public offering at 10.11 yuan per share, according to a Friday filing with the Hong Kong Exchange.China Resources New Energy plans to issue 2.11 billion shares, with the offering size increasing up to 2.42 billion shares if the overallotment option is exercised.

China Resources Power's Output Rises 12% in May

China Resources Power's (HKG:0836) output from subsidiary power plants climbed 12% year over year to over 20.1 million megawatt-hours in May, according to a Wednesday Hong Kong bourse filing.Of the total, generation from subsidiary wind farms fell 3.3% to 4.9 million megawatt-hours, while that from subsidiary photovoltaic plants jumped 40% to 1.6 million megawatt-hours.For the first five months of 2026, output increased 14% to 101.1 million megawatt-hours.

UBS Upgrades China Resources Power to Buy; Price Target is HK$33.60

China Resources Power Holdings Company (HKG:0836) has an average rating of overweight and mean price target of HK$21.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

China Resources Power's Output Climbs 11% in April

China Resources Power's (HKG:0836) total output from subsidiary power plants jumped 11% year over year in April to 20.3 million megawatt-hours.For the four months ended April 30, net generation from thermal plants, wind farms, hydro plants and photovoltaic plants climbed 15% to 81 million MWH, according to a Tuesday Hong Kong bourse filing from the power generation company.

China Resources Power's Unit Logs 1.22 Billion Yuan in Q1 Profit

China Resources Power's (HKG:0836) unit China Resources Power Investment recorded a net profit of 1.22 billion yuan in the first quarter of 2026, according to a Thursday Hong Kong bourse filing.Revenue for the three months stood at 14 billion yuan.

China Resources Power Wind Power Business Listing Approved by Shenzhen Stock Exchange

China Resources Power (HKG:0836) said its application to spin off and list its wind power business on the Shenzhen Stock Exchange was approved by the exchange's listing committee, according to a Hong Kong bourse filing Wednesday.The firm had filed an application in March last year to list China Resources New Energy on the exchange. The business manages and operates wind farms in China.The listing is subject to approval from China's Securities Regulatory Commission and market conditions, the company said.

Morgan Stanley Downgrades China Resources Power to Equalweight from Overweight; Price Target is HK$19.80

China Resources Power's March Output Jumps 16%

China Resources Power (HKG:0836) saw the generation of its subsidiary power plants rise 16% year over year in March to a little over 20.8 million megawatt-hours, according to a Monday Hong Kong bourse filing.Of the total, output from subsidiary wind farms fell 17% to 4.6 million megawatt-hours, while that of photovoltaic plants jumped 27% to 1.2 million megawatt-hours.In the first quarter of 2026, net generation stood at 60.6 million megawatt-hours, up 16% from the year-ago period.Of this, generation from subsidiary wind farms and photovoltaic power plants fell 2% to 14 million megawatt-hours and increased 45% to 3.4 million megawatt-hours, respectively.