CITIC Securities: Bullish on industries benefiting from sustained high oil prices, such as new energy, energy storage, and others

MetaMuskRat · 2026-03-23T05:48:23+00:00

People Finance News, March 23rd - CITIC Construction Investment Research Report believes that against the backdrop of global energy prices surging significantly and consumption being suppressed, the directions that may be notably damaged include: high valuation sectors, high energy consumption (fuel consumption) industries, and industries with demand suppression and rising costs. The report is optimistic about three directions: 1. Industries benefiting from the Strait of Hormuz closure and sustained high oil prices, such as: coal-to-chemicals, new energy, energy storage, nuclear power, and power grids; 2. Defensive varieties with stable cash flows, such as: coal and hydropower; 3. Certain growth opportunities that may be oversold, such as AI price increase chains and power shortage chains.

MetaMuskRat

2026-03-23 05:48:23

CITIC Securities Research Report on March 23rd states that, amid a sharp rise in global energy prices and suppressed consumption, the sectors that may be significantly affected include: high-valuation sectors, high-energy-consuming (oil-consuming) industries, and demand-restriction cost-increasing industries. The three promising areas are: 1. Industries benefiting from the closure of the Strait of Hormuz and sustained high oil prices, such as coal chemical industry, new energy, energy storage, nuclear power, and power grids; 2. Defensive stocks with stable cash flow, such as coal and hydropower; 3. Certain growth stocks that may be mistakenly undervalued, such as AI supply chain and power shortage chains.

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