--- title: "Hong Kong Stock Movement: DATANG POWER fell 15.10%, the AI boom failed to support the stock price, and increased trading risks raised market concerns" type: "News" locale: "en" url: "https://longbridge.com/en/news/286371727.md" description: "DATANG POWER fell 15.10%; Huaneng International Power Co., Ltd. fell 4.35%, with a transaction amount reaching HKD 379 million; China Resources Power fell 1.45%, with a transaction amount reaching HKD 231 million; Longyuan Power fell 3.26%, with a transaction amount reaching HKD 129 million; China General Nuclear Power fell 1.45%, with a market value of HKD 171.2 billion" datetime: "2026-05-14T06:52:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286371727.md) - [en](https://longbridge.com/en/news/286371727.md) - [zh-HK](https://longbridge.com/zh-HK/news/286371727.md) --- # Hong Kong Stock Movement: DATANG POWER fell 15.10%, the AI boom failed to support the stock price, and increased trading risks raised market concerns **Hong Kong Stock Movement** Datang Power fell 15.10%. Based on recent key news: 1. On May 11, Datang Power's stock trading saw a cumulative price deviation of over 20% in closing prices over three consecutive trading days, which falls under abnormal stock trading fluctuations. The company confirmed after self-examination that production and operations are normal, with no major undisclosed matters, and the stock price has risen significantly in the short term, deviating from the Shanghai Composite Index and the industry index. Source: Zhitong Finance 2. On May 12, power-related assets strengthened across the board driven by AI narratives, with explosive growth in demand for artificial intelligence computing power pushing electricity demand to continue rising. As an important foundational support in the AI era, the strategic value of electricity is being re-priced by the market. Source: Daily Economic News 3. On May 13, Datang Power issued a stock trading risk warning announcement, confirming that the company's production and operational activities are normal, and there have been no significant adjustments in the market environment or industry policies. The stock price has risen significantly in the short term, indicating high trading risk. Source: Titanium Media. The power industry is optimistic due to AI demand. **Stocks with High Trading Volume in the Industry** Huaneng International Power fell 4.35%. Based on recent key news: 1. On May 13, Huaneng International Power announced its application to issue Huaneng Coal Power REIT, aiming to broaden financing channels and optimize structure. This move may attract market attention to the company's financial status, leading to stock price fluctuations. Source: Zhitong Finance 2. On May 11, Shanghai Ruijun Asset Management Co., Ltd. reduced its holdings in Huaneng International Power by 12.256 million shares, which may put pressure on the stock price. Source: Zhitong Finance 3. On May 11, the technical trend of Huaneng International Power shows a solid mid-term upward trend, but in the short term, buying power is dominant, and the market's preference for the performance certainty of power stocks has increased. Source: Zhitong Finance. The power industry is supported by policies, with significant capital inflow. China Resources Power fell 1.45%. Based on recent key news: 1. On May 12, China Resources Power announced that the sales volume of its subsidiary power plants increased by 14.9% in the first four months of 2026, but the sales volume of wind farms decreased by 2.1% due to reduced wind speeds. The sales volume of photovoltaic power stations increased by 45.3%. Despite overall sales growth, the poor performance of wind farms may affect market confidence. Source: Zhitong Finance 2. On May 12, China Resources Power's announcement showed that the sales volume of subsidiary power plants increased by 10.9% year-on-year in April, but the sales volume of wind farms decreased by 2.6% year-on-year. The sales volume of photovoltaic power stations increased by 46.7% year-on-year. The poor performance of wind farms may negatively impact the stock price. Source: Economic Information Daily 3. On May 12, under the national "dual carbon" goals, the installed capacity of renewable energy generation continues to grow, with stable cash flow for power companies and considerable dividends. Despite the optimistic industry outlook, the poor performance of wind farms in the short term may affect stock prices. Source: ifind. The installed capacity of renewable energy generation is growing, and the industry outlook is optimistic Longyuan Power fell 3.26%. Based on recent news, 4. On May 8, Feng Laifa, General Manager of China Energy Group, met with Hu Wenping, President of Xiamen University, and both sides had in-depth discussions on deepening cooperation. Although the cooperation prospects are broad, it failed to immediately boost market confidence, leading to a decline in stock prices. 5. On May 11, Longyuan Power announced its April power generation data, showing a year-on-year decline of 6.7% in wind power generation and an overall year-on-year decline of 0.8% in total power generation. This weak performance raised market concerns, further pressuring stock prices. 6. As of April 30, Longyuan Power's cumulative power generation in 2026 decreased by 1.91% compared to the same period in 2025, with wind power down 7.16% year-on-year. This ongoing downward trend has intensified investor concerns, leading to pressure on stock prices. The overall performance of the new energy industry is weak, and market sentiment is cautious. **Stocks ranked at the top of the industry by market capitalization** China General Nuclear Power fell 1.45%. Based on recent key news: 1. On May 12, China General Nuclear Power's subsidiary, China General Nuclear Huizhou Second Nuclear Power Co., Ltd., announced that the first concrete pouring for the main reactor building of Unit 4 in Huizhou was completed on May 10, marking the start of full construction for the unit and entering the civil construction phase. This news indicates the company's continued investment in nuclear power projects, which may have a positive impact on stock prices. Source: Zhitong Finance 2. On May 13, China General Nuclear (Xiong'an) New Energy Research Institute Co., Ltd. was established with a registered capital of 125 million yuan, and its business scope includes sales and R&D of marine engineering equipment, among others. This move shows the company's expansion in the new energy sector, which may have a long-term impact on stock prices. Source: People's Finance News 3. On May 12, Zhongmi Holdings Co., Ltd. won the bid for a procurement project from China General Nuclear Power Operations Co., Ltd., with a bid amount of 1.9701 million yuan. This news may impact China General Nuclear Power's supply chain and operational efficiency. Source: Tongbi Finance. 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