On May 26, Datang Power (00991.HK) rose 3.25% in regular trading, trading at HKD 2.85/share, with trading volume of HKD 97.50 million.
On the news front, the company's A-share surged 7.40% in the prior trading session to close at RMB 7.40, fueling H-share momentum as the summer peak electricity demand theme continues to heat up. The current H/A ratio stands at approximately 0.35, with the market actively pricing in AH premium convergence expectations. The H-share had been under sustained pressure since a nearly 14% single-day plunge on May 14, accumulating rebound momentum after consecutive sessions of adjustment.
Notably, the company has issued multiple announcements explicitly stating it has no operational computing-power coordination projects to date. The A-share has experienced outsized short-term gains, and caution is warranted. Within the sector, Huadian Power rose 0.93% and Huaneng Power gained 0.31%, indicating differentiated sector performance.
(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.)