[ET Net News Agency, 15 April 2026] Daiwa lowered the target price for Huaneng Power (00902) to HKD5.2 from HKD5.8 and downgraded the rating to "underperform" from "outperform".
The research house said it cuts 2026-27E EPS by 28-30% to reflect tariff pressure on coal-fired generation. (rc)
The research house said it cuts 2026-27E EPS by 28-30% to reflect tariff pressure on coal-fired generation. (rc)