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Why did power stocks generally plummet this year?
The previous increase was too large;

The state will further increase the control of electric energy and break the monopoly, which will have an impact on the profits of the electric power industry;

Because the National Energy Administration issued the Notice on Printing and Distributing the Key Points of Market Supervision of the National Energy Administration 20 15. According to the notice, it is necessary to strengthen the supervision of power market access, interface between power plants, fair opening and dispatching transactions of power grids, prices and costs of power monopoly links, and fair opening of oil and gas pipeline network facilities to ensure the stable supply of natural gas.

In terms of energy market construction, the Energy Bureau focuses on promoting the construction of electricity market, establishing a market-oriented trading mechanism for electricity, and promoting energy price reform. Especially under the opportunity of the new round of electricity reform, the process of electricity marketization will be accelerated. In terms of energy price reform, the Energy Bureau will cooperate with the National Development and Reform Commission to promote the reform of electricity price formation mechanism and strengthen the supervision of transmission and distribution prices and costs. Improve the price and cost information reporting system of power enterprises and carry out the operation analysis of power enterprises. Promote the introduction of independent transmission and distribution prices and promote the development of electricity market transactions. Some analysts believe that the overall pattern of the power industry has not changed for many years. The whole industry has trillions of sales revenue, assets and hundreds of billions of profits. Once the top-down pattern changes, it will be enough to create a large number of investment opportunities for the benefit theme and capital market.