On June 8, Datang Power (00991.HK) fell 3.41% in regular trading, trading at HKD 2.88/share, with trading volume of approximately HKD 64.99 million.

The decline follows the company's A-share hitting the 9.99% daily limit-down on June 5, with main capital recording a net outflow of RMB 994 million. The selling pressure has now transmitted to the Hong Kong-listed shares. The A-share had previously surged 120.67% cumulatively from May 6 to June 2, during which the company issued one severe abnormal trading announcement and multiple risk warning notices. After the severe abnormal trading monitoring period officially ended on June 2, pent-up profit-taking pressure has been released in concentrated fashion.

Fundamentally, the company has repeatedly clarified that it currently has no operational computing-power coordination projects, deflating speculative momentum. The A-share price-to-book ratio stands at approximately 4.61x, significantly above the power sector average of 2.04x, while the AH premium remains elevated, indicating sustained valuation digestion pressure weighing on the Hong Kong listing.

(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.)