--- title: "Hong Kong Stock Movement: GOLDWIND wins bid for Datang project but falls 10.58%, concerns over profitability suppress market confidence" type: "News" locale: "en" url: "https://longbridge.com/en/news/286375494.md" description: "GOLDWIND fell 10.58%; Dongfang Electric fell 6.25%, with a transaction volume of HKD 570 million; Shanghai Electric fell 3.87%, with a transaction volume of HKD 224 million; Harbin Electric fell 6.76%, with a transaction volume of HKD 221 million; Guoxia Technology fell 4.98%, with a market value of HKD 15 billion" datetime: "2026-05-14T07:21:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286375494.md) - [en](https://longbridge.com/en/news/286375494.md) - [zh-HK](https://longbridge.com/zh-HK/news/286375494.md) --- # Hong Kong Stock Movement: GOLDWIND wins bid for Datang project but falls 10.58%, concerns over profitability suppress market confidence **Hong Kong Stock Movement** GOLDWIND fell by 10.58%. Based on recent key news: 1. On May 12, GOLDWIND won a bid for a procurement project from Datang Group, amounting to 621 million yuan. Despite the substantial bid amount, concerns about its profitability remain, leading to a decline in stock price. 2. On May 11, the average bidding price in the wind power industry rebounded, alleviating pressure on the supply chain. Although the overall industry is improving, GOLDWIND's profit growth is below expectations, affecting investor confidence. 3. On May 11, overseas business growth was significant, but intense competition in the domestic market puts pressure on GOLDWIND's profitability, resulting in negative market reactions. The wind power industry is transforming, with increased expectations for profit improvement. **Stocks with High Trading Volume in the Industry** Dongfang Electric fell by 6.25%. Based on recent key news: 1. On May 13, Dongfang Electric established a new company to expand its power technology business. The establishment of the new company indicates Dongfang Electric's intention to expand in the power technology field, which may raise market concerns about its future profitability, leading to a decline in stock price. 2. On May 12, Dongfang Electric reported strong performance in the first quarter, with revenue and net profit both increasing year-on-year. Despite strong performance, the market doubts the sustainability of future profit growth, especially after the peak delivery period of high-margin orders, which may lead to stock price fluctuations. 3. On May 12, industry analysis pointed out that Dongfang Electric's international orders in the gas turbine sector have increased. Although international orders have risen, concerns about its ability to maintain high profit margins may negatively impact the stock price. The gas turbine market is highly competitive, with significant profit margin fluctuations. Shanghai Electric fell by 3.87%. Based on recent key news: 1. On May 12, Shanghai Electric signed a strategic cooperation agreement with the State Energy Group, aiming to promote the green and low-carbon transformation of energy and enhance equipment autonomy, boosting market confidence; however, the stock price did not reflect the positive expectations of the cooperation. 2. On May 11, Shanghai Electric launched the Palau Phase II photovoltaic project in Romania, further expanding its international market. Despite the promising project outlook, it failed to immediately boost the stock price. 3. On May 12, Shanghai Electric established a new company for power transmission and distribution equipment, expanding its business scope. The market remains cautious about the long-term impact of the new company. The energy industry is accelerating its transformation, with attention on policy changes. Harbin Electric fell by 6.76%, with a trading volume of 221 million Hong Kong dollars, and there has been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** GuoXia Technology fell by 4.98%, with a market capitalization of 15 billion Hong Kong dollars, and there has been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [02208.HK](https://longbridge.com/en/quote/02208.HK.md) - [01072.HK](https://longbridge.com/en/quote/01072.HK.md) - [02727.HK](https://longbridge.com/en/quote/02727.HK.md) - [01133.HK](https://longbridge.com/en/quote/01133.HK.md) - [02655.HK](https://longbridge.com/en/quote/02655.HK.md) ## Related News & Research - [Goldwind Completes First Tranche of 2026 Green Technology Innovation Bonds](https://longbridge.com/en/news/281870241.md) - [Lower gas and electricity bills behind inflation fall to 2.8%](https://longbridge.com/en/news/287016499.md) - [ZAWYA: DEWA says $2.3bn transmission network projects under development](https://longbridge.com/en/news/286665525.md) - [09:03 ET9 in 10 Organizations Say Power Availability Now Dictates Where They Deploy AI](https://longbridge.com/en/news/286775990.md) - [06:20 ETPowerChampions Accelerates Growth as a People-First Critical Power Platform Positioned to Redefine the Industry](https://longbridge.com/en/news/286893979.md)