Hongkong intends to raise the price of energy-saving lighting shares were stir fried

Known as Hongkong's "two power" of the CLP and HEC electricity industry's top, yesterday afternoon to the Hongkong Legislative Council Economic Affairs Commissioner submitted a tariff increases data, are interested in increased electricity. Among them, in the electricity, HEC were put forward with an increase of 5.9%, 2.9%. It is reported that China had previously pointed out that by 2015, its fuel costs may increase by 250%, so the need to raise electricity during the period of 40%. CLP said the increase in fuel costs is mainly due to the acquisition of the South China Sea and the west east gas transmission and other new gas sources. But JP Morgan is expected, two electricity next year's profits can still reach the government allowed the profit margin. On the day of the two brewing tariff increases the stock price performance was up 0.22% in electric power, down 0.59%.

However, energy-saving lighting plate listed in Hong Kong yesterday but by financial speculation, which NVC throughout the day to the highest closing price, rose as high as 8.76%, to close at HK $2.11; Oriental lighting up 8.42%, to close at HK $1.03; zhenminglee rose 2%, to close at HK $2. Interestingly, the "two power" shares yesterday showed up one down, CLP Holdings closed up 0.22%, to close at HK $67.4; electricity industry declined slightly by 0.58%, to close at HK $67.5.

Some market analysts believe that the energy saving lighting plate was suddenly fried yesterday, in addition to the two electricity fare increase, but also with the recent energy-saving lighting panel fundamentals of warm air blowing frequency related. According to the national development and Reform Commission, said in 12th Five-Year, the domestic investment in energy saving and environmental protection projects will reach 3 trillion and 600 billion yuan. According to the relevant planning, by 2015, Chinese LED lighting industry will reach 500 billion yuan, LED lighting products will account for 30% of the general lighting; the country will focus on cultivating 20 to 30 leading enterprises, promote the Chinese semiconductor lighting industry in the top three in the world.

NVC recently announced government financial subsidies to promote energy-saving products. It is reported that in the NVC semiconductor lighting products financial subsidies to promote projects signed at the meeting, which marked products include "LED lamp" and "reflective self ballasted LED lights two categories a total of 5 models, a total of 300 thousand of total amount of promotion, to the state for the first time through the promotion of financial subsidies to the project of LED lighting products. JP Morgan raised NVC 2012 to 2013 sales forecast to 4.5% and 6.9%, and the company raised 2012 to 2013 gross profit forecasts were 19.4% and 31.2%, the investment rating from "neutral" raised "overweight", target price from HK $1.5 to HK $2.6.

In addition, Kerry also recently announced by the purple, copper and other raw material prices fell down to the average cost of raw materials, and reduce the number of workers to labor cost reduction and other fundamental factors, the company achieved the mid performance turnaround period, net profit of HK $4 million 231 thousand (last year's loss of HK $104 million).