HU-DFEC@EC2704A

CHK OIL

SHANDONG MOLONG

PETRO-KING

MIE HOLDINGS

D&G TECH

YUANHENG GAS

JX ENERGY

KINETIX SYSTEMS

YANCHANG PETRO

HAO WEN HLDGS

600875

562960

561700

01072

159326

562550

159611

UBS's research report points out that investors' low expectations for domestic power equipment, especially for Dongfang Electric, are misguided. The bank expects that each 1 GW gas turbine sold in the United States will increase earnings by 16% to 20%. UBS believes that China's mid-term power demand will grow by 8-9%, significantly higher than the market consensus of 4-5%. Additionally, approximately 420 GW of coal-fired power plants will need to be replaced in the next 5-8 years, a demand that investors have not fully recognized. UBS sets a target price of 53.5 yuan for Dongfang Electric and reiterates a "Buy" rating

AASTOCKS

DEC.LTD

E Fund CSI Green Power ETF

Bosera CSI All Share Electric Utilities ETF

DONGFANG ELEC

ChinaAMC CSI Grid Equipment Thematic ETF

ChinaAMC Green Electricity ETF

GF CSI All Share Power Public Service ETF

"Big Banks" UBS: Investors' low expectations for domestic power equipment is a mistaken view, with DONGFANG ELEC as the top choice

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In the Hong Kong Stock Connect, CNOOC had a net outflow of HKD 894 million, while Alibaba and YOFC had net outflows of HKD 888 million and HKD 625 million, respectively. The northbound capital saw a net inflow of HKD 18.36 million into Xiaomi Group. In the Hong Kong Stock Connect (Shanghai), DONGFANG ELEC had a net inflow of HKD 125 million, while CNOOC had a net outflow of HKD 626 million. In the Hong Kong Stock Connect (Shenzhen), MEITUAN had a net inflow of HKD 311 million, while Alibaba had a net outflow of HKD 657 million. The total net outflow for the day was HKD 0, with a total transaction amount of HKD 99.929 billion, accounting for 38.54% of the total market transaction amount

CHINA BLUECHEM

CNOOC

COSL

CHINA OILFIELD

BABA-W

XIAOMI-W

Alibaba

MEITUAN

YOFC

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

Net outflow of CNOOC in Hong Kong Stock Connect amounted to HKD 894 million

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ILUVATAR COREX(09903) rose 20.27%, with a trading turnover 461.0 Million HKD, and a year-to-date rose 97.8%. DONGFANG ELEC(01072) rose 15.52%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 62%. WANKA ONLINE(01762) rose 12.43%, with a trading turnover 45.5 Million HKD, and a year-to-date rose 156.8%.

Top Gainers & Losers

ILUVATAR COREX

WANKA ONLINE

FIT HON TENG

CHONGQING M&E

GOFINTECH QUANT

JINHAI MED TECH

AGTECH HOLDINGS

CHINA EAST EDU

Top 10 HK Stock Gainers (2.26)

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00100

01038

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06160

02269

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DONGFANG ELEC(01072) rose 15.52%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 62%. OMNIVISION(00501) rose 6.91%, with a trading turnover 175.0 Million HKD, and a year-to-date rose 4.8%. BEONE MEDICINES(06160) fell 9.16%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 8.4%. WUXI BIO(02269) fell 7.45%, with a trading turnover 1.9 Billion HKD, and a year-to-date rose 21.8%.

OMNIVISION

MINIMAX-WP

CKI HOLDINGS

CKH HOLDINGS

BEONE MEDICINES

WUXI BIO

CONCH CEMENT

CATL

GTHT

Top 5 HK Stock Gainers/Losers (>100B) (2.26)

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09896

06869

01617

01720

On February 26th, the Hong Kong stock market sentiment turned cautious, with all three major indices retreating. The Hang Seng Index fell by 0.95%, and the Hang Seng TECH Index plummeted by 2.19%. Blue-chip stocks generally weakened, with Alibaba and Tencent Holdings dropping by 2.9% and 1.82%, respectively. The funding situation showed a clear divergence, with the demand for AI computing infrastructure driving the communication equipment sector to rise against the trend, as YOFC surged over 4%. The current market is in the pullback confirmation phase after a breakout, with macro-level attention focused on liquidity verification and signals of domestic demand recovery

- On February 26, Hong Kong stocks declined across all major indices, reversing previous gains due to profit-taking and cautious investor sentiment.  
- The Hang Seng Index fell 0.95% to 26,511.22 points, with significant losses in technology stocks, while communication equipment firms saw gains driven by AI infrastructure demand.  
- Market liquidity and domestic consumption recovery remain key focuses for investors, monitoring M3 money supply and retail sales for insights into economic resilience.

Market Heartbeat

JD-SW

MNSO

TENCENT

BIDU-SW

KUAISHOU-W

NANFANG COMM

PUTIAN COMM

HSBC HOLDINGS

Tencent Holdings Limited

ALI HEALTH

CSOP HS TECH

Fullgoal CSI Communication Equipment Thematic ETF

Hang Seng TECH Index

Hong Kong Stock Market Update | The Hang Seng Index fell 0.95%, Alibaba dropped 2.9%, while the communication equipment sector surged against the trend

DONGFANG ELEC rose 15.52%; Goldwind Technology rose 6.58%, with a transaction volume of HKD 665 million; Shanghai Electric rose 3.66%, with a transaction volume of HKD 360 million; Harbin Electric rose 6.08%, with a transaction volume of HKD 280 million; Guoxia Technology fell 3.46%, with a market value of HKD 28.1 billion

HK Stock Movers Tracker

Hong Kong Stock Movement: DONGFANG ELEC rises 15.52%, with dual benefits from capital increase and buy rating boosting stock price surge

DONGFANG ELEC rose 15.46%; Goldwind Technology rose 3.53%, with a transaction volume of HKD 314 million; Shanghai Electric rose 3.44%, with a transaction volume of HKD 118 million; Harbin Electric rose 3.31%, with a transaction volume of HKD 111 million; Guoxia Technology fell 0.18%, with a market value of HKD 29.1 billion

Hong Kong stock movement: DONGFANG ELEC rises 15.46%, Soochow Securities' buy rating boosts, industry capital flow is evident

DONGFANG ELEC rose 12.32%; Goldwind Technology rose 3.19%, with a transaction volume of HKD 202 million; Harbin Electric rose 2.46%, with a transaction volume of HKD 64.9 million; Shanghai Electric rose 3.01%, with a transaction volume of HKD 59.95 million; Guoxia Technology rose 0.09%, with a market value of HKD 29.2 billion

Hong Kong stock movement: Soochow Securities is optimistic about DONGFANG ELEC, with a target price of 41.90 yuan helping the stock price soar by 12.32%

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Market Overview of Hong Kong Stocks in the Last Hour Market sentiment seems to have warmed recently, especially with small-cap stocks and technology stocks performing actively. Capital flows are clearly leaning towards the telecommunications and technology sectors, driving strong gains in multiple individual stocks. Overall, the fluctuations are significant, short-term enthusiasm has noticeably increased, and the market pace is quick, with investor sentiment high. In the last hour, the stock with the most significant movement is KO YO GROUP, which performed exceptionally well, with an increase of 21.74%, attracting a large influx of capital, seemingly due to the market's optimistic expectations for its future development. The short-term enthusiasm has driven the rapid rise of this stock, making it the market focus. Strong Stocks 1. PUTIAN COMM: Up 18.75%, recent market attention on its technological innovations has increased, with noticeable capital inflow. 2. SYNAGISTICS: Up 18.48%, short-term capital is active, and market confidence in its business prospects has strengthened. 3. NANFANG COMM: Up 13.33%, performing well against the backdrop of overall industry recovery, attracting considerable short-term capital. 4. ILUVATAR COREX: Up 13.20%, strong technical performance, with continued market optimism about its product demand. 5. DONGFANG ELEC: Up 12.38%, benefiting from favorable policies, with accelerated capital inflow. 6. YOFC: Up 10.21%, performing steadily against the backdrop of industry recovery, attracting investor attention. Pressured Down Stocks 1. HKC INT'L RTS: Down 16.55%, market concerns about its future development prospects have intensified, with noticeable capital outflow

KO YO GROUP

SYNAGISTICS

HKC INT'L RTS

Hong Kong Stock Movement Update: Technology stocks rebound strongly, KO YO GROUP surges 21.74%, PUTIAN COMM rises 18.75%

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KNOWLEDGE ATLAS(02513) rose 12.14%, with a trading turnover 3.2 Billion HKD, and a year-to-date rose 440.4%. GIGADEVICE(03986) rose 11.91%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 166.8%. CTG DUTY-FREE(01880) fell 10.51%, with a trading turnover 837.2 Million HKD, and a year-to-date rose 4.2%. SANHUA(02050) fell 6.62%, with a trading turnover 947.8 Million HKD, and a year-to-date fell 6.6%.

KNOWLEDGE ATLAS

GIGADEVICE

WEICHAI POWER

MONTAGE TECH

CTG DUTY-FREE

SANHUA

SINO BIOPHARM

LAOPU GOLD

HANSOH PHARMA

Top 5 HK Stock Gainers/Losers (>100B) (2.24)

00020

01876

00992

09999

09961

KNOWLEDGE ATLAS(02513) rose 28.68%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 246%. GIGADEVICE(03986) rose 20.95%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 121%. BUD APAC(01876) fell 5.21%, with a trading turnover 245.6 Million HKD, and a year-to-date rose 3.2%. LENOVO GROUP(00992) fell 4.56%, with a trading turnover 2.3 Billion HKD, and a year-to-date fell 2.8%.

SENSETIME-W

BUD APAC

LENOVO GROUP

NTES-S

TRIP.COM-S

Top 5 HK Stock Gainers/Losers (>100B) (2.12)

DONGFANG ELEC rose 14.69%; Harbin Electric rose 14.20%, with a transaction volume of HKD 270 million; Shanghai Electric rose 4.86%, with a transaction volume of HKD 176 million; Goldwind fell 0.29%, with a transaction volume of HKD 147 million; Guoxia Technology fell 0.79%, with a market value of HKD 29.3 billion

Hong Kong Stock Movement: DONGFANG ELEC rises 14.69%, driven by dual benefits of overseas sales expectations and new energy expansion boosting stock price surge

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In the past hour, the Hong Kong stock market has shown a strong upward trend overall, particularly with notable performances in the technology and optoelectronics sectors. Funds seem to be actively chasing small-cap stocks, with short-term enthusiasm clearly rising, leading to a strong rebound in several individual stocks. Meanwhile, market volatility has increased, investor sentiment is high, and frequent capital inflows and outflows have concentrated gains on a few popular stocks, creating a clear divergence between strong and weak performers. The stock with the largest movement in the past hour, WAN KEI GROUP, saw an increase of 18.18%. Driven by the market's strength, short-term funds quickly flowed in, pushing the stock price up rapidly, indicating strong buying sentiment. The active performance of this stock has attracted the attention of many investors, making it the market's focus. Strong stocks include: 1. MINIMAX-WP: up 15.01%, with recent optimistic expectations for its prospects driving a rapid increase in stock price and noticeable short-term fund inflows. 2. YOFC: up 12.37%, performing well amid the overall recovery of the optoelectronics industry, attracting significant capital attention. 3. DONGFANG ELEC: up 11.25%, with the company's layout in the new energy sector sparking heated discussions in the market and accelerating capital inflows. 4. ILUVATAR COREX: up 10.78%, as technology stocks recover, this stock has also seen a surge in capital interest and high short-term sentiment. 5. GIGADEVICE: up 10.07%, benefiting from strong performance in the semiconductor industry, this stock has also gained favor with investors, with continuous capital inflows

WAN KEI GROUP

Hong Kong Stock Movement Quick Report: The optical fiber and cable sector rebounded strongly, with WAN KEI GROUP rising by 18.18%

DONGFANG ELEC rose 10.79%; Harbin Electric rose 7.67%, with a transaction volume of HKD 123 million; Goldwind Technology rose 1.47%, with a transaction volume of HKD 86.69 million; Shanghai Electric rose 3.47%, with a transaction volume of HKD 72.15 million; Guoxia Technology fell 1.76%, with a market value of HKD 29 billion

Hong Kong Stock Movement: DONGFANG ELEC rises 10.79%, driven by dual benefits of overseas sales expectations and new energy expansion boosting stock price surge

Citigroup released a research report, stating that DONGFANG ELEC may receive new orders from data centers or public customers in Southeast Asia, with a rating of "Buy." The stock has risen about 65% in the past six months, mainly due to investor expectations of its overseas sales of gas turbines. It is expected to export equipment to Kazakhstan and Middle Eastern customers in 2025, with a price below 100 million RMB and a gross profit margin of 10%-15%. The company plans to add new production lines, with an annual capacity of up to 10 units of 50MW gas turbines, targeting a price of HKD 22

According to Citigroup, DONGFANG ELEC is likely to obtain new orders from Southeast Asian data centers or public utility customers, with a rating of "Buy."

On July 19, the Yarlung Tsangpo super hydropower project (with an investment of 1.2 trillion yuan!) officially kicked off, with five giant power stations under construction, generating electricity equ...

LONKING

CHINA POWER

CHINA RES POWER

HARBIN ELECTRIC

SH ELECTRIC

Shanghai Electric

CR BLDG MAT TEC

SANY INT'L

HX BLDG MAT

Huaxin Building Materials

CNBM

CHINA NATIONAL BUILDING MATERIAL CO UNSP ADR EACH REPR 50 ORD

ZOOMLION

Zoomlion

DATANG POWER

Datang Power

雅江水电工程 1.2 万亿投资引爆市场！哪些港股接住 “万亿订单”？

HU-DFEC@EC2704A(26437.HK)

"Big Banks" UBS: Investors' low expectations for domestic power equipment is a mistaken view, with DONGFANG ELEC as the top choice

Net outflow of CNOOC in Hong Kong Stock Connect amounted to HKD 894 million

Top 10 HK Stock Gainers (2.26)

Top 5 HK Stock Gainers/Losers (>100B) (2.26)

Hong Kong Stock Market Update | The Hang Seng Index fell 0.95%, Alibaba dropped 2.9%, while the communication equipment sector surged against the trend