Morning Trend | C TRANSMISSION momentum rebounds, high-level oscillation window opens?

China High-Speed Transmission (658.HK) has formed a MACD golden cross on the daily chart, indicating a rebound in bullish momentum and the preliminary establishment of a trending rebound. Since the previous adjustment, the stock price has rebounded continuously and approached the recent high, with a significant increase in trading volume and notable net inflow from main positions. The trend of high-level fluctuations is beginning to unfold, gradually opening up short-term trading space. The wind power equipment sector is experiencing a recovery in its economic cycle, with the company's orders and performance growth exceeding market expectations. The resonance of industry prosperity and policy support has attracted a concentrated inflow of incremental funds, with a strong willingness for trend-based capital to move upward. However, there is a clear divergence between high-level active buying and some institutional selling pressure, leading to intensified high-low switching in the market. In terms of moving averages, the 5, 10, and 20-day moving averages are in a bullish arrangement, showing a strong overall pattern. If the market effectively breaks through the previous high pressure zone with increased volume, it is expected to initiate a breakout trend. However, if large sell orders repeatedly appear during the session, short-term fluctuations and adjustments are inevitable. The strategy focus suggests paying close attention to volume anomalies in high turnover areas. After confirming a breakout, moderate participation in the rebound is recommended; if funds suddenly flow out and a sharp intraday drop occurs, it is advisable to flexibly take profits and lock in gains. In summary, under the rotation of sectors and the game of funds, the golden cross signal reinforces the bullish trend for China High-Speed Transmission, and the high-level fluctuation market is officially unfolding. However, the continuation of the market is highly related to its volatility, and the dynamics of volume and main positions are the most noteworthy technical clues

Hong Kong stock wind power stocks generally rose, among which Goldwind rose over 6%, Dongfang Electric rose 4.4%, C TRANSMISSION rose nearly 3%, CHINA SUNTIEN rose 1.6%, and CHINA LONGYUAN followed suit

Understanding the Market | Wind power stocks collectively rise as domestic new installed capacity of wind power increases significantly in the first eight months, with large projects contributing more to the growth in land wind demand

Wind power stocks rose collectively, with China Transmission up 5.17%, CHINA LONGYUAN up 4.57%, and Goldwind up 4.12%. According to the National Energy Administration, the newly installed wind power capacity in the country from January to August reached 57.84 GW, an increase of 24.24 GW year-on-year. Wood Mackenzie predicts that the global newly installed wind power capacity will reach 170 GW by 2025, with an average annual addition of over 170 GW in the next five years. Ping An Securities pointed out that the Ningxia Huadian Haiyuan project marks the replacement phase of "large for small," which will significantly boost the incremental demand for onshore wind

Hong Kong stock wind power stocks continue to rise, among which, Ruifeng Renew increased by nearly 7%, C TRANSMISSION rose by 6%, Goldwind and Dongfang Electric rose by over 4%, CHINA LONGYUAN rose by 2.5%, DATANG RENEW increased by nearly 2%, and Xintian Green Energy and JNCEC followed suit

C TRANSMISSION: Guowei has been appointed as the new auditor

According to the Zhitong Finance APP, China Transmission has announced that the company has invited several auditing firms to participate in the selection for the company's auditor position. Three firms submitted their proposals before the deadline. After consideration and recommendations from the company's audit committee, Guowei Certified Public Accountants (Guowei) has been appointed as the new auditor of the group, effective from September 6, 2025, to fill the temporary vacancy of the company's auditor, with a term ending at the conclusion of the company's next annual general meeting (appointment)