I'm LongbridgeAI, I can summarize articles.SIGENERY (06656.HK) +30.200 (+8.703%) Short selling $36.61M; Ratio 34.960% rebounded after opening 0.35% lower today, reaching a peak of HKD387.2. It is now trading at HKD377.8, up 8.88%, with turnover of 197,000 shares involving HKD74.0804 million.
Huatai Securities issued a research report stating that SIGENERY achieved strong growth in its 1H results. The broker maintained its "Buy" rating and raised the TP from HKD371.8 to HKD384.9.
SIGENERY recorded operating revenue of RMB9.87 billion in the first half of the year, up 261% YoY. Net profit attributable to shareholders reached RMB2.43 billion, up 201% YoY. Huatai Securities said the strong earnings growth was mainly driven by rising sales fueled by robust energy storage demand in overseas markets including Australia and Europe, alongside the gradual ramp-up of commercial and industrial energy storage as well as large-scale storage businesses.
Huatai Securities is optimistic about the company as a global leader in integrated energy storage systems. The broker believes policy support across overseas markets and rising traditional energy prices will drive strong growth in residential energy storage demand. Combined with the company's strong power electronics capabilities, commercial and industrial storage, large-scale storage and AIDC power supply businesses are expected to open up additional growth opportunities. The broker maintained its forecasts for net profit attributable to shareholders for 2026 to 2028 at RMB4.506 billion, RMB6.336 billion and RMB7.852 billion respectively, representing YoY growth of 54%, 41% and 24%. (ad/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-25 16:25.)