Hong Kong Stocks Movement | GOLDWIND (02208) Surges Over 3% as Wind Energy Conference Advocates for Increased Wind Power Capacity

Stock News
Oct 21

GOLDWIND (02208) has seen a rise of over 3%, currently up 3.13% to HKD 13.2, with a trading volume of HKD 30.88 million. On October 20, the 2025 Beijing International Wind Energy Conference and Exhibition, regarded as a "barometer" of China's wind power industry, commenced. During the opening ceremony, the "Beijing Wind Energy Declaration 2.0" was officially issued, aiming to unify global consensus and efforts within the wind power sector. The declaration outlines a target of adding no less than 120 million kilowatts of new installed capacity annually during the 14th Five-Year Plan period, doubling the annual target set in 2020. Analysts suggest that with the market-driven reforms promoted by the Notice on Deepening the Market-Oriented Reform of Renewable Energy Grid Pricing (Document No. 136), the wind power industry is capturing installed capacity share due to its cost advantages and generation curve. The upcoming Q3 reports are expected to further demonstrate the sector's transition from rapid growth to high-quality development, laying a solid foundation for the start of the 14th Five-Year Plan. Additionally, several industry insiders indicate that with the domestic offshore wind power bidding season underway, the industry's profitability levels will continue to improve, especially as Q3 sees an uptick in wind project construction, signaling an acceleration in industry prosperity across various segments, including complete machines and components.

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