DATANG POWER (00991) rebounded close to 5% as its A-shares hit the daily limit up in early trading, marking seven limit-up sessions in eight days. At the time of writing, the stock was up 4.97% to HK$3.17, with a turnover of HK$875 million.

The move follows a joint action plan issued by the National Development and Reform Commission and three other ministries to promote mutual empowerment between artificial intelligence and the energy sector, which clarified the direction of integrating computing and electricity. Analysts suggest that as the importance of computing-electricity synergy grows, the thermal power sector is undergoing a systematic valuation reassessment.

It is noted that on May 2, DATANG POWER's "Zhongwei Cloud Base Computing-Electricity Synergy Green Power Direct Supply Project" officially commenced operation, becoming the nation's first large-scale project of its kind. However, on May 13, the company issued a stock trading risk warning, stating that as of now, it has no operational computing-electricity synergy projects in place.