CGN Power stock gains 3.57 percent as board re-election nears

CGN Power (ISIN CNE100001T80) was trading at HKD 3.19 on the Hong Kong Stock Exchange on October 8, 2026 at 3:05 p.m. HKT, up 3.57 percent from the prior close of HKD 3.08. The move came as the company approached a board transition while nuclear power shares attracted renewed market attention.

Board transition reaches key date

CGN Power's fourth board was due to reach the end of its term on October 8, 2026, but the re-election has been deferred because the nomination of candidates was incomplete, according to NewTimeSpace on September 18, 2026. Existing directors and board committees continue to perform their duties until the new election is completed.

The company said the deferral would not affect normal operations, adding an important distinction for investors: the governance timetable changed, but the operating platform remained in place.

Half-year profit rose 2.7 percent

CGN Power delivered 109.597 billion kilowatt-hours of electricity to the grid in the first half of 2026. Revenue reached RMB 31.483 billion, while net profit attributable to shareholders rose 2.7 percent year over year to RMB 6.105 billion, according to CGN Power in its interim-results release dated August 27, 2026.

The revenue and profit mix points to steady rather than explosive expansion. The same release said eight new nuclear power units were approved in July 2026, including Units 5 and 6 of the Huizhou Nuclear Power Project, while three units entered commercial operation during the first eight months of the year.

Analysts see 10.03 percent upside

The analyst consensus is Buy from 14 analysts, with 10 Buy ratings, 1 Hold and 3 Sell ratings. The average 12-month target is HKD 3.510, with estimates ranging from HKD 1.30 to HKD 4.70, according to Investing.com as of October 8, 2026. The average target lies 10.03 percent above the HKD 3.19 price.

A separate market report linked CGN Power to renewed nuclear-sector interest after Alphabet agreed to purchase nuclear power from Constellation Energy. The report also cited the planned RMB 70 million joint venture for the Lufeng Units 3 and 4 projects and Bank of America Securities' positive view of CGN Power's second-quarter performance, according to Zhitong Finance on October 6, 2026.

Stock remains below yearly high

CGN Power was last at HKD 3.19 on October 8, 2026, with a session range of HKD 3.00 to HKD 3.20 and a 52-week range of HKD 2.60 to HKD 3.77. Market capitalization stood at HKD 215.0 billion, while volume reached 95,939,469 shares.

Upcoming dates for CGN Power stock

• October 29, 2026: Next earnings report

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