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华泰证券:AIDC或带动供电与供热的需求超预期

华泰证券研报分析认为,2026年及“十五五”期间电价下降风险可控,火电ROE有望维持在6%-9%。在煤价700元/吨时,火电周期低点电价对应的水电核电DCF价值仍有较大空间。冷热电直供可能成为核电与火电的重要开源手段,AIDC可能推动能源领域模式突破。短期推荐煤价弹性大的公司,长期建议布局优质资产。

媒体报道
华泰证券:AIDC或带动供电与供热的需求超预期 36Kr/界面/第一财经

事件追踪
2025-03-03 华泰证券:DeepEP开源有望释放推理需求,关注应用与算力
2024-12-25 华泰证券:预期反应充分,左侧布局快递龙头公司
2023-11-30 华泰证券:供给扰动和低温天气支撑新年前煤价

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华泰证券:AIDC或带动供电与供热的需求超预期

华泰证券研报分析认为,2026年及“十五五”期间电价下降风险可控,火电ROE有望维持在6%-9%。在煤价700元/吨时,火电周期低点电价对应的水电核电DCF价值仍有较大空间。冷热电直供可能成为核电与火电的重要开源手段,AIDC可能推动能源领域模式突破。短期推荐煤价弹性大的公司,长期建议布局优质资产。

媒体报道
华泰证券:AIDC或带动供电与供热的需求超预期 36Kr/界面/第一财经

事件追踪
2025-03-03 华泰证券:DeepEP开源有望释放推理需求,关注应用与算力
2024-12-25 华泰证券:预期反应充分,左侧布局快递龙头公司
2023-11-30 华泰证券:供给扰动和低温天气支撑新年前煤价

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The lead from Wall Street offers little clarity as the major averages opened lower on Friday and then bounced back and forth across the unchanged line, finally finishing mixed and little changed.The Dow added 33.18 points or 0.10 percent to finish at 34,798.00, while the NASDAQ eased 4.54 points or 0.03 percent to close at 15,047.70 and the S&P 500 rose 6.50 points or 0.15 percent to end at 4,455.48. For the week, the Dow rose 0.6 percent, the NASDAQ added 0.1 percent and the S&P gained 0.5 percent.The lackluster performance on Wall Street came on uncertainty about the outlook for the markets following recent volatility.

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Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.

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