SG-DFEC@EC2611A

Haixi Prefecture Secretary Visits Dongfang Electric, Discusses Energy Equipment and New Energy Cooperation

Eastern Electric Secures Super Order of 20 Heavy Duty Gas Turbine Generating Units from Canada

Artemis Investment Increases Holdings in Dongfang Electric to 7.10%

East China Electric Power Co. Ltd. Reports Steady Growth in Q1 2026

China's Dongfang Electric Corporation Successfully Signs Contract for 20 G50 Heavy Gas Turbines

DONGFANG ELEC released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue HKD 19.81 B (forecast HKD 21.17 B), actual EPS HKD 0

Citi Raises Forecast and Target Price for Dongfang Electric

DONGFANG ELEC to Release FY2026 Q1 Earnings on April 29 Pre-Market (BJT), Forecast Revenue HKD 20.54 B

Morgan Stanley Increases Holdings in Dongfang Electric to 5.01%

Sinoeast Electric Group Deepens Energy Equipment Cooperation with Tongling City

Artemis Increases Stake in Dongfang Electric to 6.16%

HSBC Global Research Analyzes Dongfang Electric's 2025 Performance and Provides Rating

 Dongfang Electric reports 31.11% YoY Net Profit Growth in 2025 and Declares Dividend

DONGFANG ELEC released FY2025 earnings on March 31 Pre-Market (BJT), actual revenue HKD 85.92 B (forecast HKD 89.16 B), actual EPS HKD 1.2569 (forecast HKD 1.2929)

DONGFANG ELEC released FY2025 Q4 earnings on March 31 Pre-Market (BJT), actual revenue HKD 25.4 B (forecast HKD 28.65 B), actual EPS HKD 0.2772 (forecast HKD 0.4788)

DONGFANG ELEC to release FY2025 earnings on March 31 Pre-Market (BJT), forecast revenue HKD 91.35 B, EPS HKD 1.2929

Goldman Sachs Increases Holdings in Dongfang Electric to 6.05%

Dongfang Electric Completes Domestication Renovation of Yunnan Dachangshan Unit

BOA Upgrades Dongfang Electric's Performance Forecast and Target Price

Citi Reiterates Buy Rating on Dongfang Electric, Raises Earnings Forecast

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

06288

02015

00100

09988

09866

02476

06082

01072

02618

06656

FAST RETAIL-DRS(06288) rose 5.43%, with a trading turnover 12.1 Thousand HKD, and a year-to-date rose 45.5%. LI AUTO-W(02015) rose 4.34%, with a trading turnover 2.2 Billion HKD, and a year-to-date rose 18.5%. VGT(02476) fell 7.95%, with a trading turnover 1.5 Billion HKD, and a year-to-date rose 68.9%. BIREN TECH(06082) fell 6.24%, with a trading turnover 549.5 Million HKD, and a year-to-date rose 164.3%.

Top Gainers&Losers

FAST RETAIL-DRS

LI AUTO-W

MINIMAX-W

BABA-W

NIO-SW

BIREN TECH

DONGFANG ELEC

JD LOGISTICS

SIGENERGY

Top 5 HK Stock Gainers/Losers (>100B) (5.14)

00650

01384

01347

02579

09903

01609

09696

02465

PRODUCTIVE TECH(00650) fell 10.39%, with a trading turnover 25.7 Million HKD, and a year-to-date rose 267%. MINIMAX-W(00100) fell 9.51%, with a trading turnover 881.2 Million HKD, and a year-to-date rose 350%. DEEPEXI TECH(01384) fell 9.28%, with a trading turnover 2.5 Billion HKD, and a year-to-date fell 6.8%.

PRODUCTIVE TECH

DEEPEXI TECH

HUA HONG SEMI

CNGR

ILUVATAR COREX

STAR SPORTS MED

TIANQI LITHIUM

LOPAL TECH

Top 10 HK Stock Losers (5.8)

03296

01024

01208

09888

06869

HUAQIN(03296) rose 10.09%, with a trading turnover 323.3 Million HKD, and a year-to-date rose 54.4%. KUAISHOU-W(01024) rose 9.4%, with a trading turnover 9.0 Billion HKD, and a year-to-date fell 17.2%. MINIMAX-W(00100) fell 9.51%, with a trading turnover 881.2 Million HKD, and a year-to-date rose 350%. HUA HONG SEMI(01347) fell 7.5%, with a trading turnover 7.2 Billion HKD, and a year-to-date rose 76%.

- The Hang Seng Index fell by 0.87%, with a year-to-date increase of 3%.  
- The Hang Seng Tech Index declined by 0.36%, showing a year-to-date drop of 7.5%.  
- Notable stock movements include Huqina Technology rising by 10.09% and Kuaishou-W increasing by 9.4%, while MINIMAX-W dropped by 9.51% and Huahong Semiconductor decreased by 7.5%.

HUAQIN

KUAISHOU-W

BIDU-SW

YOFC

Top 5 HK Stock Gainers/Losers (>100B) (5.8)

01133

Hong Kong's wind power stocks experienced significant declines, with Dongfang Electricdropping over 7.7%, Harbin Electricfalling more than 6%, and both Weichai Powerand Yihuatongdeclining by over 5%.

CoinLive

HARBIN ELECTRIC

WEICHAI POWER

SINOHYTEC

DEC.LTD

Weichai Power

STOCKS | Hong Kong Wind Power Stocks Experience Volatile Decline

600875

561700

562550

562960

159611

159326

HSBC Research reported that DONGFANG ELECachieved a net profit of RMB1.585 billion in 1Q25, a 37% YoY increase, driven by core business growth and fair value gains from CHUAN ENERGY POWER. The recurring profit met expectations, with a gross profit margin rise to 18.3%. New orders totaled RMB36.6 billion, up 2% YoY, while coal power orders fell 11%. HSBC maintains a Buy rating for DONGFANG ELEC with a target price of HKD45 and a Hold rating for its A shares with a target price of RMB39.

AASTOCKS News

Bosera CSI All Share Electric Utilities ETF

ChinaAMC Green Electricity ETF

E Fund CSI Green Power ETF

GF CSI All Share Power Public Service ETF

ChinaAMC CSI Grid Equipment Thematic ETF

HSBC HOLDINGS

HSBC

CNDL

HSBC 5xShortSG241213

HSBC Holdings Plc

HSBC Research: DONGFANG ELEC  1Q25 Core Results In Line; Rated Buy

00981

01772

00501

02513

HUA HONG SEMI(01347) rose 15.18%, with a trading turnover 8.5 Billion HKD, and a year-to-date rose 45.5%. SMIC(00981) rose 10.01%, with a trading turnover 12.4 Billion HKD, and a year-to-date fell 10%. MINIMAX-W(00100) fell 9.44%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 371.2%. KNOWLEDGE ATLAS(02513) fell 9.05%, with a trading turnover 3.0 Billion HKD, and a year-to-date rose 704.6%.

- The Hang Seng Index rose by 0.24%, with a year-to-date gain of 1.4%, while the Hang Seng Tech Index increased by 0.75%, but is down 11.1% for the year.  
- Hua Hong Semiconductor (01347) saw a significant increase of 15.18%, with a trading volume of HKD 84.7 billion and a year-to-date gain of 45.5%.  
- In contrast, MINIMAX-W (00100) fell by 9.44% despite a remarkable year-to-date gain of 371.2%, while SMIC (00981) dropped by 10% year-to-date, marking a 10.01% increase today.

SMIC

GANFENGLITHIUM

OMNIVISION

KNOWLEDGE ATLAS

Top 5 HK Stock Gainers/Losers (>100B) (4.24)

Bank of America Securities has maintained a Buy rating on Dongfang Electric (DNGFF) as of April 21, setting a price target of HK$55.00. The stock closed at HK$41.54, indicating a potential upside of 31.20% based on the average price target of HK$54.50 from analysts. Citi also supports a Buy rating with a target of HK$54.00.

Tip Ranks

Bank of America

Citigroup

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Dongfang Electric (DNGFF) Gets a Buy from Bank of America Securities

003816

00611

601985

The 'China Nuclear Energy Development Report 2026' indicates that China now possesses the capability to simultaneously construct 50 nuclear power units, making it a global leader. Investment in nuclear power engineering construction is projected to reach 161 billion yuan in 2025, an increase of 14.1 billion yuan compared to the previous year. With advancing technological autonomy and localization, China's nuclear power projects are transitioning from single-unit construction to multi-unit simultaneous construction, establishing comprehensive lifecycle construction and operational capabilities

Wallstreetcn

CGN Power

CNE TECH CORP

CNNP

SH ELECTRIC

Shanghai Electric

Global Leader! China Capable of Simultaneously Constructing 50 Nuclear Power Units

SG-DFEC@EC2611A(29359.HK)