J.P. Morgan keeps HKD 7.00 target for Longyuan Power stock

Published on 10/17/2026 at 21:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 29, 2026. Longyuan Power stock costs HKD 5.37 on October 16, 2026 at 4:08 p.m. HKT, up 0.37 percent versus HKD 5.34.

Analyst target and reporting date

J.P. Morgan maintained its HKD 7.00 target on October 14, 2026.
Longyuan Power will review nine-month results on October 29, 2026.
Longyuan Power stock was HKD 5.37 on October 16, 2026 at 4:08 p.m. HKT, up 0.37 percent versus the HKD 5.34 close.
Longyuan Power had a P/E ratio of 10.84 and market capitalization of HKD 85.8 billion.

Longyuan Power, CNE100000HD4, Illustration mit AI erstellt.

On October 14, 2026, J.P. Morgan maintained a Buy rating and an HKD 7.00 target for Longyuan Power, putting the target 30.35 percent above the HKD 5.37 home-market price. Markets Insider reported the target and rating. The latest quote was HKD 5.37 on October 16, 2026 at 4:08 p.m. HKT, up 0.37 percent versus the HKD 5.34 prior close.

October 29 results set the next date

Longyuan Power's board will meet on October 29, 2026 to consider results for the nine months ended September 30, 2026. The date and reporting period were announced in a filing carried by Futubull. That calendar point gives investors the next company-specific test after a weak first half.

Price stays inside the yearly range

The HKD 5.37 quote stood 37.34 percent below the one-year high of HKD 8.57 and 8.48 percent above the low of HKD 4.95. The share's 0.37 percent daily gain was smaller than the move needed to challenge either boundary. Trading volume reached 57,961,340 shares against an average of 15,960,164 shares on the same quoted session.

Longyuan Power had reported first-half 2026 net profit attributable to shareholders of RMB 2.393 billion, down 29.10 percent from the prior-year period. Non-GAAP net profit was RMB 2.413 billion, down 26.60 percent year over year, according to Futubull. The report also said photovoltaic generation rose 22.20 percent in the first half, while wind generation fell 6.70 percent.

Valuation and peer comparison

The company had a market capitalization of HKD 85.8 billion, a P/E ratio of 10.84 and a dividend yield of 3.00 percent as of October 16, 2026. The HKD 7.00 target from J.P. Morgan was 30.35 percent above the quoted price.

Comparison with peers

Longyuan Power: plus 0.37 percent, P/E 10.84, market capitalization HKD 85.8 billion
China Resources Power (HKEX, HKD): minus 0.95 percent, P/E 7.75, market capitalization HKD 102.7 billion
China Yangtze Power (Shanghai Stock Exchange, CNY): minus 0.74 percent, P/E 19.99, market capitalization CNY 718.9 billion

Stock value and company scale

Longyuan Power's valuation sits between the two listed utility comparisons on the supplied measures, while its analyst target remains materially above the latest Hong Kong quote. The company operates wind, solar and other renewable power assets, with controlled installed capacity of 45.9943 million kilowatts at the end of 2025.