Hong Kong stock movement | Wind power stocks decline, Dongfang Electric falls over 6%, and Goldwind Technologies drops 3.7%.

Gelonghui, May 8 | Hong Kong-listed wind power stocks collectively declined. Among them, Dongfang Electric fell by more than 6%, Goldwind Technologies dropped 3.7%, Datang New Energy fell 3.57%, Xiehe New Energy declined 2.56%, and Longyuan Power fell over 2%. Xin Tian Green Energy and Jingneng Clean Energy also followed with losses. On the news front, on May 4 local time, the Trump administration halted the development of U.S. onshore wind power projects citing "national security concerns." This marks a significant escalation in Trump's campaign against renewable energy. On the same day, Hong Kong-listed wind power stocks, particularly those with business or anticipated exposure to overseas markets, collectively fell in response to this news. Additionally, wind...

Gelonghui FinanceMay 8 11:06

Hong Kong Stock Concept Tracker | Continuous Policy Support Boosts Green Power Sector! Analysts Say Revaluation of Green Power Operation Assets is Sustainable (With Key Stocks)

Guosheng Securities suggests paying attention to relevant targets in the field of coordinated computing and electricity; the synergy between electricity and computing is expected to open up new growth opportunities for green energy enterprises, with high-quality wind and solar assets being particularly promising.

Zhitong FinanceMay 8 07:00

The Hang Seng Index closed up 319 points, with Alibaba and Xiaomi performing strongly and AI-related stocks seeing heightened trading activity.

The Asia-Pacific stock markets rose, with the Hong Kong stock market improving in line with external trends. The Hang Seng Index opened 361 points higher and extended its gains, reaching a high of 26,326 points and surging by 549 points at one point. It closed at 26,095 points, up 319 points or 1.2%. The H-share Index closed at 8,774 points, gaining 92 points or 1.1%, while the Hang Seng Tech Index ended at 4,976 points, up 105 points or 2.2%. Trading via Stock Connect from mainland China was suspended during the May Day long holiday, and the total turnover for the day amounted to HKD 176.979 billion. Major blue-chip stocks performed well. HSBC (00005.HK) rose 2.3%, AIA (01299.HK), and HKEX (00388.HK) also recorded gains.

AASTOCKSMay 4 16:31

China Datang Renewable to Pay 2026 Bond Interest on May 15; Shares Up 5%

MT NewswiresMay 4 11:46

China Datang Renewable Sets 2026 Interest Payment for Onshore Bonds

TipRanksApr 30 18:11

Datang Renewable Energy (01798.HK) reported a 51% decline in net profit to RMB 500 million in the first quarter.

Datang Renewable Energy (01798.HK) announced its first-quarter financial results as of the end of March this year. The company reported operating revenue of RMB 3.091 billion (hereinafter the same), a year-on-year decrease of 13.1%. Net profit attributable to the parent company's owners was RMB 500 million, a year-on-year decline of 51%; earnings per share were RMB 0.0563.

AASTOCKSApr 30 09:58