Stock Track | Datang Power Soars 5.05% Intraday as A-Share Surge and AH Convergence Expectations Fuel Rally

Stock Track

05/26

Datang Power's stock surged 5.05% during intraday trading on Tuesday, marking a significant rebound for the H-share.

The rally is primarily driven by the strong performance of the company's A-share, which surged 7.40% in the prior trading session. This momentum is spilling over to the H-share, with the market actively pricing in expectations for a convergence of the AH share premium. The summer peak electricity demand theme continues to provide a supportive backdrop for the power sector.

This upward movement follows a period of sustained pressure on the H-share, including a significant single-day decline earlier in the month, suggesting accumulated rebound momentum is being released.

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