On May 27, Datang Power (00991.HK) rose 3.13% in regular trading, trading at HKD 2.96/share, with trading volume of HKD 132 million.
On the news front, the summer peak electricity demand theme continues to gain momentum. The company's A-share surged 7.40% in the previous trading day, while the current H/A price ratio stands at only approximately 0.35, with the elevated AH premium fueling market expectations of price convergence. The H-share had plunged nearly 14% in a single day on May 14 and remained under pressure through consecutive sessions, accumulating rebound momentum after the extended correction.
Within the sector, Huaneng Power rose 1.97% and Huadian Power gained 1.59%, indicating broad warming across the power generation plate. It should be noted that the company has repeatedly disclosed that it currently has no operational computing-power synergy projects, and its price-to-book ratio of approximately 3.7x remains significantly above the industry average of 1.91x.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)