On September 11, the electricity sector bucked the trend and showed outstanding performance against the backdrop of the overall weakening of the general market. By the close, Hangzhou Thermal Power, Mindong Electric Power, Tuori New Energy, and Jiangsu Xinneng had risen and stopped. Among them, Mindong Electric Power recorded 3 consecutive boards, Zhejiang Xinneng rose more than 5%, and Ningbo Energy, Hunan Development, and Southern Grid Energy followed suit. Brokerage analysts generally believe that the recent overall strength of the power sector lies in the fact that relevant policies have entered a period of intensive implementation, while the fundamentals of the power industry itself have also shown a booming trend. From the policy side, a number of major documents have been implemented one after another, providing an institutional foundation for the reshaping of the valuation of the electricity sector. Looking at fundamentals, the 2026 semi-annual report shows that the performance of the electricity sub-sector is clearly divided. The hydropower sector has become the only track to achieve a steady increase in revenue and profit. Although the thermal power sector is under cost pressure, expectations for electricity price restoration are being formed. A number of brokerage analysts expressed optimism about future market trends in the electricity sector.

On September 11, the electricity sector bucked the trend and showed outstanding performance against the backdrop of the overall weakening of the general market. By the close, Hangzhou Thermal Power, Mindong Electric Power, Tuori New Energy, and Jiangsu Xinneng had risen and stopped. Among them, Mindong Electric Power recorded 3 consecutive boards, Zhejiang Xinneng rose more than 5%, and Ningbo Energy, Hunan Development, and Southern Grid Energy followed suit. Brokerage analysts generally believe that the recent overall strength of the power sector lies in the fact that relevant policies have entered a period of intensive implementation, while the fundamentals of the power industry itself have also shown a booming trend. From the policy side, a number of major documents have been implemented one after another, providing an institutional foundation for the reshaping of the valuation of the electricity sector. Looking at fundamentals, the 2026 semi-annual report shows that the performance of the electricity sub-sector is clearly divided. The hydropower sector has become the only track to achieve a steady increase in revenue and profit. Although the thermal power sector is under cost pressure, expectations for electricity price restoration are being formed. A number of brokerage analysts expressed optimism about future market trends in the electricity sector.