HSBC sets HKD 24.00 target for China Resources Power stock
Published on 10/15/2026 at 19:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating data
- HSBC upgraded China Resources Power to Buy and set a HKD 24.00 target on October 9, 2026.
- Wind output rose 12.40 percent in September 2026.
- China Resources Power stock costs EUR 2.28 at Lang & Schwarz on October 15, 2026 at 6:59 p.m. CEST, down 1.09 percent on the Hong Kong Stock Exchange.
- An interim dividend was scheduled for payment on October 30, 2026.
HSBC upgraded China Resources Power from Hold to Buy and set a HKD 24.00 target on October 9, 2026, putting the target 19.88 percent above the HKD 20.02 Hong Kong share price. The upgrade was reported by Futunn. At Lang & Schwarz, the euro quote was EUR 2.28 on October 15, 2026 at 6:59 p.m. CEST, down 1.09 percent on the Hong Kong Stock Exchange.
Renewables add operating momentum
China Resources Power's electricity generation provided the clearest operating counterpoint to the weaker daily share performance. According to TipRanks, subsidiary net generation reached 185,597,211 MWh in the first nine months of 2026, up 9.70 percent year over year. Wind generation increased 1.60 percent, while photovoltaic generation climbed 35.10 percent.
Share price stays within its range
The Hong Kong listing stood at HKD 20.02 on October 15, 2026, with a session range of HKD 19.77 to HKD 20.24. Its 52-week range was HKD 16.59 to HKD 22.16, leaving the share 9.65 percent below the high and 20.68 percent above the low. Trading volume reached 9,283,558 shares, 20.98 percent below the average volume of 11,749,156 shares.
China Resources Power reported September generation figures on October 15, 2026, while the earlier interim results had shown a 16.00 percent decline in first-half net income, according to the company results record summarized by MarketScreener.
Valuation and upcoming payment date
China Resources Power had a market capitalization of HKD 103.6 billion, a P/E ratio of 7.82 and a dividend yield of 5.00 percent as of October 15, 2026. The interim dividend was scheduled for payment on October 30, 2026. HSBC's HKD 24.00 target therefore sits above the latest Hong Kong share price, while the TipRanks page listed a separate Hold view with a HKD 19.20 target on October 15, 2026.
Comparison with peers
China Resources Power (HKEX, HKD): minus 1.09 percent, P/E 7.82, market capitalization HKD 103.6 billion.
Power Assets (HKEX, HKD): plus 0.66 percent, P/E 7.21, market capitalization HKD 129.1 billion.
CK Infrastructure (HKEX, HKD): minus 0.15 percent, P/E 6.75, market capitalization HKD 169.8 billion.
Trading levels for German investors
The euro quote places the stock at EUR 2.28 in after-hours trading at Lang & Schwarz on October 15, 2026 at 6:59 p.m. CEST. The Hong Kong listing stood at HKD 20.02 on the same date, against a session high of HKD 20.24.
The further course of trading is shown by the continuously updated real-time quote of China Resources Power stock.
China Resources Power stock details
- Company: China Resources Power Holdings Company Limited
- ISIN: HK0836012952
- Ticker: 0836
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 15, 2026, 6:59 p.m. CEST): EUR 2.28
- Change on Hong Kong Stock Exchange: minus 1.09 percent on October 15, 2026
- Market capitalization: HKD 103.6 billion (as of October 15, 2026)
- 52-week range: HKD 16.59-22.16 (as of October 15, 2026)
- Sector / Industry: Utilities / Independent Power Producers
Market context: Current market reports.
