CGN Power stock gains 1.48 percent as interim profit rises
Published on 10/07/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
CGN Power (CNE100001T80) was trading at HKD 3.08 on the Hong Kong Stock Exchange at 2:59 p.m. HKT on October 7, 2026, up 1.48 percent from HKD 3.04, while CGN Power reported first-half 2026 attributable net profit of RMB 6.105 billion, up 2.7 percent year over year. The combination gives the stock a current market lift while keeping operating performance at the center of the investment case.
First-half profit rises 2.7 percent
According to CGN Power in its August 27, 2026 interim-results release, electricity delivered to the grid reached 109.597 billion kilowatt-hours in the first half. Revenue stood at RMB 31.483 billion, while net profit attributable to shareholders reached RMB 6.105 billion.
The comparison is positive but measured: attributable profit increased 2.7 percent year over year rather than accelerating at the pace of a high-growth technology company. For investors, the key signal is the combination of rising profit and continued power output from an expanding nuclear fleet.
Nuclear capacity supports the numbers
CGN Power said three units entered commercial operation during 2026 by August, including two units at the Huizhou Nuclear Power Project and one at the Cangnan Nuclear Power Project. The company also said eight new nuclear units across four projects received State Council approval in July, including Huizhou Units 5 and 6.
That operating base matters because CGN Power manages 28 nuclear power units with total installed capacity of 31.838 gigawatts as of December 31, 2025, according to Investing.com. The company operates nuclear stations, sells generated electricity and provides construction, design and technical services.
Consensus target stays above HKD 3.08
Investing.com lists a Buy consensus from 14 analysts, with 10 Buy, 1 Hold and 3 Sell ratings. The average 12-month price target is HKD 3.510, with a high estimate of HKD 4.70 and a low estimate of HKD 1.30.
Against the HKD 3.08 reference price, the average target lies 13.96 percent above the price. The range of analyst views is wide, so the first-half profit comparison and the pace of new unit additions remain more important than the average target alone.
CGN Power stock trades above HKD 3
CGN Power stock was trading at HKD 3.08 on October 7, 2026, with a session range of HKD 3.06 to HKD 3.13 and a 52-week range of HKD 2.60 to HKD 3.77. Market capitalization was HKD 207.6 billion, and volume stood at 7,841,747 shares.
CGN Power stock key facts
- Company: CGN Power Co., Ltd.
- ISIN: CNE100001T80
- Ticker: 1816
- Trading venue: Hong Kong Stock Exchange
- Price (as of October 7, 2026, 2:59 p.m. HKT): HKD 3.08
- Market capitalization: HKD 207.6 billion (as of October 7, 2026)
- 52-week range: HKD 2.60-3.77 (as of October 7, 2026)
- Sector / Industry: Utilities / Electrical Utilities and Independent Power Producers
Upcoming dates for CGN Power stock
- October 29, 2026: Next earnings report
