My overview for $HNP I bought shares of Huaneng Power Inter | 🚀 Robin Rocket

My overview for $HNP

I bought shares of Huaneng Power International Inc $HNP.

Huaneng Power International Inc. is one of the largest Chinese state-owned electricity companies that develops, builds, operates and manages large power plants in China, Singapore and Pakistan.

Huaneng Power International mainly generates electricity from coal (about 80%) and gas (about 10%), as well as wind (5%), sun and hydro resources. So it has diversified sources of energy production.

Successful turn towards renewable energy will help the company win in the long term. Huaneng Power is forecast to deliver more modest 6% revenue growth for the full fiscal year 2021, analysts predict.

Target price is $19-21

Not an investment recommendation.