Hong Kong Stock Market Movement | Power Equipment Stocks Rise Shanghai Electric(02727)up over 7% Harbin Electric(01133)up over 4%

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CITIC Securities APP has learned that power equipment stocks are rising. As of the time of writing, Shanghai Electric (02727) increased by 7.38%, trading at 4.8 HKD; Harbin Electric (01133) rose by 4.45%, trading at 23.92 HKD; Dongfang Electric (01072) increased by 3.29%, trading at 33.92 HKD.

Everbright Securities released a research report stating that the structural issue of electricity shortage in the United States is transforming into a long-term, highly certain investment opportunity, with benefits expected in gas turbines, power equipment, and energy storage. Regarding gas turbines, under the high market prosperity, overseas leading gas turbine companies face capacity bottlenecks. Chinese companies are expected to continue increasing their market share, with a focus on Dongfang Electric, Shanghai Electric, and others.

Additionally, on January 15th this year, State Grid Corporation of China stated that during the 14th Five-Year Plan period, the company’s fixed asset investment is expected to reach 4 trillion yuan, a 40% increase compared to the 14th Five-Year Plan, aiming to expand effective investment and promote high-quality development of the new power system industry chain and supply chain.

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