＜Research＞HSBC Research: Renewables to Benefit from Tighter Carbon Emission Quotas; CHINA LONGYUAN, CHINA POWER, EB ENVIRONMENT Liked

　　The EU's Emission Trading Scheme (ETS) has been launched for 3 years. China is reportedly considering tightening the quota supply in the national carbon market, as well as studying the inclusion of more industries in the ETS, with more details to be announced by the end of June, HSBC Global Research issued a research report saying.

　　HSBC Global Research believed that renewable energies and waste-to-energy may benefit if carbon emission quotas are tightened, and was bullish on CHINA LONGYUAN (00916.HK) -0.240 (-3.376%) Short selling $20.09M; Ratio 8.511% , CHINA POWER (02380.HK) -0.040 (-0.995%) Short selling $12.73M; Ratio 8.464% and EB ENVIRONMENT (00257.HK) +0.010 (+0.257%) Short selling $9.37M; Ratio 6.110% , all of which rated at Buy, with target prices of $10/ $4.3/ $4.4 respectively.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-25 16:25.)