GOLDWIND (02208) surged over 4%, rising 4.2% to HK$10.68 with trading turnover of HK$178 million as of press time.

On the news front, UBS released a research report stating greater confidence in GOLDWIND's wind turbine business recovery prospects. The investment bank believes export growth will accelerate and domestic product average selling prices are expected to rebound, driving profit margin improvements. Consequently, UBS raised its target price from HK$8.5 to HK$15.5, maintaining the stock as its top pick in the wind power sector and reiterating a "Buy" rating. The bank also revised its wind turbine business gross profit forecasts for 2025-2027 upward by 13%, 22%, and 26% respectively, while maintaining roughly flat sales volume projections.

In the first half of this year, GOLDWIND achieved revenue of RMB 28.494 billion, up 41.46% year-over-year. Net profit attributable to shareholders reached RMB 1.488 billion, increasing 7.26% compared to the same period last year. During the reporting period, revenue from wind turbine generator systems and components sales totaled RMB 21.852 billion, surging 71.15% year-over-year and accounting for 76.69% of the company's total operating revenue.