Movement Alert|Goldwind Technology Falls 3.01% in Regular Trading, Green Power Sector Extends Deep Correction as Heavy Electrical Stocks Face Broad Pressure

Market Focus
05/21

On May 21, Goldwind Technology fell 3.01% in regular trading, trading at 14.15 HKD/share, with trading volume of approximately 265 million HKD.

On the news front, the green power sector continues its deep correction that began on May 14, with the stock declining across multiple consecutive trading sessions. Taiwan-based offshore wind company Senvion Energy reportedly faces delisting due to massive project losses, raising market concerns over profitability in the wind power industry. Additionally, JPMorgan disclosed a reduction of approximately 352,763 shares on May 11 at 17.31 HKD per share, lowering its stake to 6.95%, though it subsequently repurchased approximately 1,058,948 shares on May 13. The sector remains under selling pressure following a prior period of concentrated capital positioning, now entering a high-level consolidation phase.

Within the Heavy Electrical Equipment sector, stocks broadly declined. SH Electric fell 6.11%, Harbin Electric fell 5.87%, Dongfang Electric fell 3.67%, and Guoxia Tech fell 12.83%, while VPower Group rose 6.52%.

(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.)

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