CGN Power Co Ltd Shs -H- Unitary 144A/Reg S
01816: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$2.56 | Bcdr | Bgghhttb |
CGN Power Benefits From China's Support for Adding Nuclear Power Plants
Business Strategy and Outlook
Since building the Daya Bay nuclear power plant in 1987, CGN Power has extended its leadership in the nuclear power market with a strong record of plant reliability, performance, and safety. Thanks to its scale and state-owned support, CGN has also innovated new technology. The third-generation Hualong One nuclear reactor, jointly developed with China National Nuclear Power, is among the more technically advanced globally.