CGN MINING(HK:01164) Zhi Tong Cai Jing·2026-01-29 01:55Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of China General Nuclear Power Corporation (CGN) due to positive developments in the nuclear energy sector and rising uranium prices [1] - The World Nuclear Association's report indicates that if governments meet their nuclear power construction goals, global nuclear power capacity could reach 1,446 GW by 2050, exceeding the previously set target of 1,200 GW [1] - Huayuan Securities' research suggests that with the increasing demand for electricity from AI, nuclear power and uranium are transitioning from "optional energy" to "strategic necessities," which is expected to enhance their long-term pricing power, cash flow stability, and capital attractiveness [1] Group 2 - Uranium prices have risen to $91, nearing a two-year high, influenced by a weaker dollar and military exercises in the Middle East that have driven up commodity prices [1] - CGN's uranium products are sold to its parent company, with pricing linked to market rates, allowing the company to benefit from the positive factors of increased global nuclear power demand and rising uranium prices [1]