DONGFANG ELEC (01072) saw its shares rise more than 11%. At the time of writing, the stock was up 11.39%, trading at HKD 27.96, with a turnover of HKD 269 million. The price movement is driven by reports that a boom in data center construction in the United States is triggering a power shortage. According to data from Global Energy Monitor's Global Oil and Gas Plant Tracker, as of January 2026, the under-construction natural gas power generation capacity in the U.S. exceeds 29 gigawatts, more than doubling within a year. Soochow Securities believes that continuous breakthroughs in domestic gas turbine technology in China, which has already begun exporting to markets like the Middle East, position Chinese production capacity to effectively supplement the U.S. power shortage supply chain. Tianfeng Securities pointed out that to quickly enter the gas turbine sector, DONGFANG ELEC began collaborating with Mitsubishi Heavy Industries of Japan in the early 2000s, introducing technology and commencing gas turbine manufacturing. By October 2025, the company achieved a 70% market share in the domestic gas-fired power market, with the localization rate increasing from 46.5% at the start of the cooperation to 85% by September 2025, and it is projected to further rise to 90% by the end of 2025. The firm stated that AI data center construction is intensifying the power shortage矛盾 in North America, and the overseas supply-demand gap for gas turbines presents an opportunity for Chinese gas turbines to expand internationally.