On June 18, Longyuan Power fell 5.33% in regular trading, trading at HK$5.34/share, with turnover of HK$180 million. The decline was driven by a combination of a bearish analyst rating, deteriorating operational data, and broad-based sector weakness.

Bank of America Securities recently maintained its Underperform rating on Longyuan Power, arguing that rising coal costs will outpace electricity tariff increases and that the scale of green power direct supply remains too limited with uncertain economic viability to support profitability. On the operational front, the company reported cumulative power generation for the first five months declining 1.29% year-over-year, with wind power generation dropping 6.2% year-over-year, indicating continued fundamental weakness that has been suppressing market sentiment.

Within the Renewable Electricity sector, the overall sector remained under pressure. Among individual stocks, CONCORD NE down 1.15%, SDHG down 4.11%, DATANG RENEW down 4.17%, XINYI ENERGY down 1.96%, GCL NEWENERGY down 6.02%. Industry-wide selling pressure further weighed on individual stock performance.

(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.)