CHHQY vs. 0902.HK

Last updated Jun 3, 2026

CHHQY (China Hongqiao Group Limited) and 0902.HK (Huaneng Power International) are both stocks. CHHQY operates in Aluminum (Basic Materials), while 0902.HK operates in Utilities - Independent Power Producers (Utilities). Over the past year, CHHQY returned 133.24% vs 62.35% for 0902.HK. At a correlation of -0.14, they often move in opposite directions.

Performance

CHHQY vs. 0902.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in China Hongqiao Group Limited (CHHQY) and Huaneng Power International (0902.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CHHQY is traded in USD, while 0902.HK is traded in HKD. To make them comparable, the 0902.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CHHQY achieves a -8.37% return, which is significantly lower than 0902.HK's 30.03% return.

CHHQY

• 1D: 0.00%
• 1M: -5.89%
• YTD: -8.37%
• 6M: -14.48%
• 1Y: 133.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

0902.HK

• 1D: 0.05%
• 1M: 20.00%
• YTD: 30.03%
• 6M: 16.09%
• 1Y: 62.35%
• 3Y*: 18.69%
• 5Y*: 25.47%
• 10Y*: 8.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHHQY vs. 0902.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CHHQY China Hongqiao Group Limited	-8.37%	244.11%	59.73%
0902.HK Huaneng Power International	30.03%	41.85%	-5.13%

Correlation

The correlation between CHHQY and 0902.HK is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Mar 12, 2024	-0.14

Return for Risk

CHHQY vs. 0902.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHHQY

CHHQY Risk / Return Rank: 94
CHHQY Sharpe Ratio Rank: 90
CHHQY Sortino Ratio Rank: 95
CHHQY Omega Ratio Rank: 99
CHHQY Calmar Ratio Rank: 91
CHHQY Martin Ratio Rank: 93

0902.HK

0902.HK Risk / Return Rank: 87
0902.HK Sharpe Ratio Rank: 89
0902.HK Sortino Ratio Rank: 88
0902.HK Omega Ratio Rank: 88
0902.HK Calmar Ratio Rank: 84
0902.HK Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHHQY vs. 0902.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for China Hongqiao Group Limited (CHHQY) and Huaneng Power International (0902.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CHHQY	0902.HK	Difference
Sharpe ratio Return per unit of total volatility	2.25	2.25	0.00
Sortino ratio Return per unit of downside risk	4.23	3.06	+1.17
Omega ratio Gain probability vs. loss probability	2.69	1.41	+1.28
Calmar ratio Return relative to maximum drawdown	5.12	3.22	+1.90
Martin ratio Return relative to average drawdown	16.01	8.58	+7.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHHQY vs. 0902.HK - Sharpe Ratio Comparison

The current CHHQY Sharpe Ratio is 2.25, which is comparable to the 0902.HK Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of CHHQY and 0902.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CHHQY	0902.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.25	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.09	0.09	+1.99

Drawdowns

CHHQY vs. 0902.HK - Drawdown Comparison

The maximum CHHQY drawdown since its inception was -26.00%, smaller than the maximum 0902.HK drawdown of -75.26%. Use the drawdown chart below to compare losses from any high point for CHHQY and 0902.HK.

Drawdown Indicators

	CHHQY	0902.HK	Difference
Max Drawdown Largest peak-to-trough decline	-26.00%	-75.26%	+49.26%
Max Drawdown (1Y) Largest decline over 1 year	-26.00%	-19.79%	-6.21%
Max Drawdown (3Y) Largest decline over 3 years	—	-34.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-52.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.93%	—
Current Drawdown Current decline from peak	-26.00%	0.00%	-26.00%
Average Drawdown Average peak-to-trough decline	-3.70%	-41.68%	+37.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	7.43%	+0.89%

Volatility

CHHQY vs. 0902.HK - Volatility Comparison

China Hongqiao Group Limited (CHHQY) has a higher volatility of 11.94% compared to Huaneng Power International (0902.HK) at 10.61%. This indicates that CHHQY's price experiences larger fluctuations and is considered to be riskier than 0902.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHHQY	0902.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.94%	10.61%	+1.33%
Volatility (6M) Calculated over the trailing 6-month period	30.53%	21.09%	+9.44%
Volatility (1Y) Calculated over the trailing 1-year period	60.66%	28.64%	+32.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.37%	43.83%	+8.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.37%	37.31%	+15.06%

Dividends

CHHQY vs. 0902.HK - Dividend Comparison

CHHQY's dividend yield for the trailing twelve months is around 5.78%, more than 0902.HK's 3.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0902.HK Huaneng Power International	3.90%	5.10%	5.15%	0.00%	0.00%	4.13%	5.23%	2.97%	2.40%	6.65%	10.92%	7.16%
CHHQY China Hongqiao Group Limited	5.78%	3.12%	8.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CHHQY and 0902.HK in my portfolio?

CHHQY and 0902.HK have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.