Dongfang Electric (1072.HK) surged more than 8% during regular trading to HK$24.20.

The rally followed reports of skyrocketing demand for gas turbines driven by AI data center construction, prompting major players like Siemens Energy and GE Vernova to raise forecasts and boosting the power equipment sector. Additionally, the company recently established a new renewable energy joint venture with Hami, expanding into manufacturing of renewable prime movers and wind power equipment sales, further bolstering market confidence.