Dongfang Electric Records HK$485 Million in Position Transfers, Representing 5.58% of Holdings

Stock News

9 hours ago

According to the latest data from the Hong Kong Stock Exchange, a significant position transfer occurred for Dongfang Electric (HKG: 01072) on July 2nd. The total value of the transferred positions amounted to HK$485 million, representing 5.58% of the relevant holdings. A shareholder of the company transferred 22.1047 million shares into Citibank and transferred 10.3808 million shares out from Merrill Lynch Far East.

On June 3rd, the 19th International Solar Photovoltaic and Smart Energy Conference & Exhibition (2026SNEC) commenced at the National Exhibition and Convention Center in Shanghai. Subsidiaries of the Dongfang Electric Group, including Dongfang Automation, Dongfang International, Dongfang Research Institute, and Dongshu New Materials, participated in the exhibition. They showcased a full series of core photovoltaic and energy storage products with independent intellectual property rights, presenting a comprehensive display of their technological innovation achievements.

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The total value of the transferred positions amounted to HK$485 million, representing 5.58% of the relevant holdings. A shareholder of the company transferred 22.1047 million shares into Citibank and transferred 10.3808 million shares out from Merrill Lynch Far East.<br><br>On June 3rd, the 19th International Solar Photovoltaic and Smart Energy Conference & Exhibition (2026SNEC) commenced at the National Exhibition and Convention Center in Shanghai. Subsidiaries of the Dongfang Electric Group, including Dongfang Automation, Dongfang International, Dongfang Research Institute, and Dongshu New Materials, participated in the exhibition. 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