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The National Energy Administration said the 15th Five-Year Plan will target a basically completed national unified power market, focusing on market access, trading cycles and governance. It will push provincial power trading spot markets into full fo

2026-06-26

The National Energy Administration said the 15th Five-Year Plan will target a basically completed national unified power market, focusing on market access, trading cycles and governance. It will push provincial power trading spot markets into full formal operation, normalize cross-province transactions during grid operating periods and enable real-time trading between State Grid and China Southern Power Grid to deliver surplus wind and solar over long distances. Trading cycles will be optimized to better match renewable generation characteristics. The administration also said it will strengthen coordinated characteristics. multi-agency supervision, apply uniform enforcement, and crack down on administrative market intervention, price collision and abuse of market dominance to remove local protection and market barriers.

Other News
2026-06-26

US AI chip stocks were mixed in pre-market trading, with Intel (INTC.O) down 3.2%, Baidu (BIDU.O) and AMD (AMD.O) down 2.7%, Qualcomm (QCOM.O) and Broadcom (AVGO.O) down more than 1%, and Microsoft (MSFT.O) up 1.1%.

US AI chip stocks were mixed in pre-market trading, with Intel (INTC.O) down 3.2%, Baidu (BIDU.O) and AMD (AMD.O) down 2.7%, Qualcomm (QCOM.O) and Broadcom (AVGO.O) down more than 1%, and Microsoft (MSFT.O) up 1.1%.
2026-06-25

Citigroup raised its price target on SanDisk (SNDK.O) to $2,500 from $2,025.

Citigroup raised its price target on SanDisk (SNDK.O) to $2,500 from $2,025.
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