--- title: "Hong Kong Stock Movement: DONGFANG ELEC rises 14.47%, with milestone orders and market optimism driving the stock price surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/277887819.md" description: "DONGFANG ELEC rose 14.47%; Shanghai Electric rose 12.71%, with a transaction volume of HKD 1.182 billion; Harbin Electric rose 7.70%, with a transaction volume of HKD 295 million; Goldwind Technology rose 2.14%, with a transaction volume of HKD 290 million; Guoxia Technology rose 0.59%, with a market value of HKD 26.6 billion" datetime: "2026-03-05T06:21:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277887819.md) - [en](https://longbridge.com/en/news/277887819.md) - [zh-HK](https://longbridge.com/zh-HK/news/277887819.md) --- # Hong Kong Stock Movement: DONGFANG ELEC rises 14.47%, with milestone orders and market optimism driving the stock price surge **Hong Kong Stock Movement** DONGFANG ELEC rose 14.47%. Based on recent key news: 1. On March 5, Citigroup reported that DONGFANG ELEC received a milestone order from a Canadian client, which is expected to significantly enhance the company's net profit for 2026-2027, raising the target price to HKD 45 and reiterating a "Buy" rating. This news drove the stock price up. 2. On March 2, UBS released a research report stating that DONGFANG ELEC holds a preferred position in China's energy sector, expecting mid-term electricity demand growth to exceed market consensus, with a target price of HKD 53.5, reiterating a "Buy" rating, boosting market confidence. 3. On March 3, Soochow Securities pointed out that the explosion of AI computing power and the widening gap in U.S. electricity supply have increased the demand for gas turbines, benefiting DONGFANG ELEC as a core target, further driving up the stock price. The increase in gas turbine demand presents an optimistic market outlook. **Stocks with High Trading Volume in the Industry** Shanghai Electric rose 12.71%. Based on recent key news: 1. On March 4, Shanghai Electric reached a cooperation consensus with WanNeng Group to promote green low-carbon transformation, deepen energy equipment cooperation, and enhance market confidence, leading to a rise in stock price. Source: Zhitong Finance 2. On March 3, Shanghai Electric deepened cooperation with the government of Baicheng, focusing on clean energy development and equipment manufacturing upgrades, promoting local economic development, benefiting the stock price. Source: Wall Street News 3. On March 3, Shanghai Electric collaborated with COSCO Shipping to promote high-quality development in the equipment manufacturing industry and green shipping ecological construction, enhancing market expectations. Source: Jinshi Data Industry Transformation Accelerates, Capital Inflow is Obvious. Harbin Electric rose 7.70%. Based on recent key news: 1. On February 27, Harbin Electric Group met with senior executives from China Resources Group, reaching a consensus on deepening strategic cooperation during the "14th Five-Year Plan" period, focusing on new energy project cooperation, driving up the stock price. Source: Zhitong Finance 2. On February 28, Harbin Electric Group held talks with Guangdong Energy Group, deciding to deepen cooperation in core technology breakthroughs and key project construction, further enhancing market confidence. Source: Zhitong Finance 3. On March 5, the world's first methanol dual-fuel powered roll-on/roll-off ship completed green methanol refueling operations in Hong Kong, demonstrating advancements in clean energy technology, indirectly benefiting related companies. Source: Zhitong Finance New Energy Cooperation Promotes Industry Development. Goldwind Technology rose 2.14%. Based on recent key news: 1. On March 2, Goldwind Technology announced that shareholder Three Gorges Energy reduced its holdings, reaching a multiple of 1%, leading to increased market attention on the company's equity structure changes and heightened stock price volatility. 2. On March 2, JP Morgan reported that Goldwind Technology holds a 4.14% stake in Blue Arrow Aerospace, and after asset value reassessment, the target price for H shares was raised to HKD 14, maintaining a "Neutral" rating, which positively impacted the stock price On March 2nd, the director of the National Energy Administration published an article proposing to accelerate the revision of the Renewable Energy Law, promote the development plan for new energy, and enhance market confidence in the wind power industry. The stock price of Goldwind Technology benefited from this and rose. The new energy policy is driving industry development, and capital inflow is evident. **Stocks ranked at the forefront of industry market capitalization** GuoXia Technology, up 0.59%, with a market capitalization of HKD 26.6 billion, has no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [01072.HK](https://longbridge.com/en/quote/01072.HK.md) ## Related News & Research - [A Look At Dongfang Electric (SEHK:1072) Valuation After Strong Results And Higher Dividend](https://longbridge.com/en/news/282576665.md) - [Dongfang Electric Unit to Form New Energy JV](https://longbridge.com/en/news/266721241.md) - [Voicecomm Technology Enters HK$94 Million Share Sale Agreement](https://longbridge.com/en/news/282482425.md) - [HSBC plans to also add stablecoins in non-HKD currencies](https://longbridge.com/en/news/282331206.md) - [CATL explores potential $5 billion Hong Kong share sale after stock rally, sources say](https://longbridge.com/en/news/282657533.md)