Core Viewpoint - Morgan Stanley has raised the profit forecast for Longyuan Power (001289)(00916) for the fiscal years 2025 to 2027, reflecting the wind power trends observed this year and the operational situation in the second quarter [1] Group 1: Profit Forecast and Target Price - The profit forecast for Longyuan Power for the fiscal years 2025 to 2027 has been increased by 5% to 6% based on operational trends observed in the second quarter of 2025 [1] - Morgan Stanley has raised the target price for Longyuan Power by 16% to HKD 8.8, using a target price-to-book ratio of 0.85 (previously 0.75) [1] Group 2: Long-term Outlook and Regulatory Environment - The newly announced target of 3,600 GW for wind and solar capacity by 2035 enhances Longyuan Power's long-term outlook, as it is the largest wind farm operator in China [1] - There is uncertainty regarding electricity price regulation and power rationing, but improvements are expected as regulatory bodies aim to attract capital expenditure [1]