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LongPort - 躺平指数
躺平指数

1.2 trillion investment + new state-owned enterprise support! Super hydropower project ignites the market

On July 19, China's largest hydropower project in history was officially announced. Premier Li Qiang of the State Council personally attended the site to declare the commencement of the hydropower project on the lower reaches of the Yarlung Zangbo River. This project, equivalent in scale to "three Three Gorges," instantly ignited enthusiasm in the capital market. Over the weekend, major securities firms released multiple reports overnight, with the core conclusion pointing to an "epic investment opportunity." As China's top energy project in the coming years, the state has specially established a new central enterprise—China Yajiang Group (No. 22 in the central enterprise directory), directly under the State-owned Assets Supervision and Administration Commission...

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