Dongyue Group (00189) rose nearly 4%, at the time of publication, it rose 3.56% to HK$9.01 with a turnover of HK$100 million.
According to the Wise News APP, Dongyue Group (00189) rose nearly 4%, at the time of publication, it rose 3.56% to HK$9.01 with a turnover of HK$100 million.
On the news front, as of May 31st, the prices and differentials of R32 were 36,000 and 22,846 yuan/ton, respectively, which were flat and +0.69%, respectively, from the same period last week; the prices and differentials of R125 were 40,000 and 22,472 yuan/ton, respectively, which were -1.23% and -0.53%, respectively, from the same period last week; and the prices and differentials of R22 were 29,000 and 19,015 yuan/ton, respectively, which were flat and +0.39%, respectively, from the same period last week.
Huaxin Securities pointed out that the refrigerant industry enters the demand peak season in June-July, and prices have further upward momentum. It is recommended to continue to pay attention to opportunities in the refrigerant industry. The bottom characteristics have emerged in 2024 due to supply-demand mismatch, and some leading companies in the subdivided sub-industries have historical investment opportunities with triple bottom (cycle bottom, profit bottom, and valuation bottom).