Dongyue Group surges 8% as UK and US refrigerant phase-out boosts demand
Dongyue Group (189.HK) surged 8% in Hong Kong trading to HK$17.990. The increase follows recent adjustments to the phase-out schedules for third-generation refrigerants in the UK and US, which have driven demand and tightened supply, leading to a sustained rise in refrigerant prices. Analysts highlight that this development significantly benefits Chinese refrigerant exporters.
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