On June 5, Datang Power (00991.HK) fell 3.27% in regular trading, trading at HKD 2.96/share, with trading volume of HKD 182 million. The decline extends the ongoing correction that began after the stock's severe abnormal fluctuation monitoring period officially ended on June 2.

The company's A-share stock price surged a cumulative 120.67% from May 6 to June 2, during which period one severe abnormal fluctuation notice, four abnormal fluctuation notices, and three trading risk warnings were issued. Following the expiration of regulatory monitoring, accumulated profit-taking pressure has continued to weigh on shares. The company has repeatedly clarified that it currently has no operational computing-power coordination projects, deflating market speculation around this concept. The A-share price-to-book ratio stands at approximately 4.61x, significantly above the power industry average of 2.04x, with substantial valuation digestion pressure. The AH premium rate remains elevated above 100%.

Within the Independent Power Producers sector, the broader group traded lower, with China Resources Power down 0.74%, Huaneng Power down 2.19%, China Power down 1.59%, CGN Power down 2.52%, and Huadian Power down 5.39%.

(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.)