Analysis for China Resources Gas Group
Description & usage
China Resources Gas Group operates city-gas networks serving households and businesses across multiple Chinese regions. Its utility model generates relatively stable cash flows through long-term supply relationships. Key drivers are connection growth, delivered volume, procurement costs, and tariff regulation.
Basic info
- Symbol
- 1193.HK
- Type
- Stock
- Region
- Asia
- Sector
- Energy
- Available history
- 15.1 years
- Last trading day
- 04/02/2026
Basic info
- Symbol
- 1193.HK
- Type
- Stock
- Region
- Asia
- Sector
- Energy
- Available history
- 15.1 years
- Last trading day
- 04/02/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
China Resources Gas Group (1193.HK) currently has a total score of 19 points, placing it in the very weak range. The score is made up of Performance (12), Stability (32) and Trend (17). All three sub-scores are currently below average.
Performance scores 12 points (very weak). Least weak metric: 10Y return at -1.0 %. Main drag: 1Y return at -33.6 %. This suggests stronger long-term than short-term performance.
Stability scores 32 points (weak). Least weak metric: volatility (365d, annualized) at 31.3 %. Main drag: return/volatility ratio at -1.08. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 17 points (very weak). Trend signals are mostly negative right now. Least weak signal: Price is about 8.5 % below SMA200. Main drag: relative strength (12M) at -39.9 %.
Overall, the picture is very weak: none of the three dimensions shows a clear strength. On a metric level, volatility (365d, annualized) stands out, while return/volatility ratio is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For energy and oil-linked assets, higher Brent typically leans supportive.
Note: ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.