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The A-share power sector rallied in early trading, with several stocks including Tuori New Energy, Xinzhonggang, and Lixin Energy hitting their daily limit. Shimao Energy rose over 8%, while Huadian Liaoneng, Huadian Energy, Shangao Environmental Ene

2026-07-23

The A-share power sector rallied in early trading, with several stocks including Tuori New Energy, Xinzhonggang, and Lixin Energy hitting their daily limit. Shimao Energy rose over 8%, while Huadian Liaoneng, Huadian Energy, Shangao Environmental Energy, Sichuan Energy Power, and Guodian Power also saw gains. The 15th Five-Year Plan for Renewable Energy Development proposes that by 2030, the total installed capacity of renewable energy power generation will reach approximately 3.5 billion kilowatts, with annual power generation reaching approximately 6 trillion kilowatt-hours; the total installed capacity of wind and solar power will reach over 2.8 billion kilowatts, accounting for more than 50% of the total installed capacity.

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2026-07-23

Russian Foreign Ministry: Russian Foreign Minister Sergey Lavrov confirmed that Russia is ready to resolve the conflict in Ukraine through political and diplomatic means.

Russian Foreign Ministry: Russian Foreign Minister Sergey Lavrov confirmed that Russia is ready to resolve the conflict in Ukraine through political and diplomatic means.
2026-07-23

Goldman Sachs expects oil prices to hold onto recent gains and find support in July and August, primarily driven by declining Middle Eastern production, summer travel demand, and a slowdown in the release of strategic oil reserves.

Goldman Sachs expects oil prices to hold onto recent gains and find support in July and August, primarily driven by declining Middle Eastern production, summer travel demand, and a slowdown in the release of strategic oil reserves.
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