HSBC sets HKD 8.00 target for Huaneng Power stock

Published on 10/15/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 3.00 percent in the second quarter of 2026. Huaneng Power stock costs EUR 0.70 on October 15, 2026, down 3.24 percent on HKEX.

Analyst target and earnings date

HSBC upgraded the rating and set an HKD 8.00 target on October 9, 2026.
Second-quarter revenue was CNY 50.10 billion, down 3.00 percent year over year.
Huaneng Power stock costs EUR 0.70 at Lang & Schwarz on October 15, 2026 at 7:15 p.m. CEST, down 3.24 percent on HKEX.
Huaneng Power is scheduled to report third-quarter results on October 28, 2026.

Huaneng Power, CNE1000006Z4, Illustration mit AI erstellt.

HSBC upgraded Huaneng Power International from Hold to Buy and set an HKD 8.00 target on October 9, 2026, 30.72 percent above the HKD 6.12 Hong Kong price, according to Futunn. At Lang & Schwarz, Huaneng Power stock was trading at EUR 0.70 on October 15, 2026 at 7:15 p.m. CEST, down 3.24 percent on the day on HKEX.

Second-quarter earnings fell 66.00 percent

Huaneng Power's second-quarter 2026 revenue was CNY 50.10 billion, down 3.00 percent from the year-earlier quarter. Net income fell 66.00 percent to CNY 990.40 million, while earnings per share declined to CNY 0.07 from CNY 0.22, according to Simply Wall St. The figures put the analyst target in a mixed operating setting, with profit contraction standing out more sharply than the revenue decline.

Stock stays below the yearly high

The Hong Kong listing last stood at HKD 6.12 on October 15, 2026 at 4:08 p.m. HKT. Its HKD 5.17 to HKD 7.63 52-week range places the price 19.79 percent below the high and 18.38 percent above the low.

Huaneng Power carried a market capitalization of HKD 126.2 billion and a P/E ratio of 12.97 on October 15, 2026. The company generates and sells electricity in China, Pakistan and international markets, with coal, gas and renewable power generation among its activities.

Third-quarter results are due October 28

Simply Wall St lists October 28, 2026 as the next reporting date for third-quarter results. That date gives the market its next scheduled test of revenue, earnings and operating performance.

Comparison with peers

Huaneng Power: minus 3.24 percent, P/E 12.97, market capitalization HKD 126.2 billion

China Yangtze Power (SSE, CNY): plus 0.51 percent, P/E 20.14, market capitalization CNY 724.3 billion

Datang International Power Generation (SSE, CNY): minus 3.84 percent, P/E 11.48, market capitalization CNY 92.7 billion

Euro quote and Hong Kong session

Huaneng Power was trading at EUR 0.70 at Lang & Schwarz on October 15, 2026 at 7:15 p.m. CEST, down 3.24 percent on the day on HKEX. The next scheduled result on October 28 gives investors a defined date for reassessing the earnings trend. The further course of trading is shown by the continuously updated real-time quote of Huaneng Power stock.