Stock Track | Huaneng Power Soars 5.00% Intraday on Computing-Power Synergy Policy Catalysts

Stock Track

May 29

Huaneng Power International's stock soared 5.00% during intraday trading on Friday, extending recent gains in the power sector.

The rally comes amid continued policy momentum in the computing-power synergy space. China recently issued policy notices promoting multi-user green electricity direct connection models, with priority support for computing power applications. Additionally, the country's first large-scale computing-power synergy green electricity direct supply project has commenced operations.

Huaneng Power has stated it will closely track policy developments in this area and actively explore related investment opportunities. Multiple peers in the Independent Power Producers sector also posted gains during the session, indicating broad sector strength driven by these policy catalysts.

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China recently issued policy notices promoting multi-user green electricity direct connection models, with priority support for computing power applications. Additionally, the country's first large-scale computing-power synergy green electricity direct supply project has commenced operations.</p><p>Huaneng Power has stated it will closely track policy developments in this area and actively explore related investment opportunities. 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