Dongfang Electric Corporation (01072) plunged more than 13% yesterday, rebounding over 3% in early trading today. At the time of publication, it rose 2.59% to HKD 9.12, with a turnover of 12.8181 million HKD.
According to the WiseNews app, Dongfang Electric Corporation (01072) plunged more than 13% yesterday, rebounding over 3% in early trading today. At the time of publication, it rose 2.59% to HKD 9.12, with a turnover of 12.8181 million HKD.
On the news front, Dongfang Electric Corporation announced that it has recently paid attention to public opinion regarding its operational situation. The company's operational situation is normal and its business development is stable and good. The company achieved new effective orders of RMB 62.783 billion from January to July 2024, a year-on-year increase of 19.2%. Among them, the new effective orders for the coal-fired power industry increased by more than 37% year-on-year, the new effective orders for the hydropower industry increased by more than 102% year-on-year, and the new effective orders for the power plant service industry increased by more than 30% year-on-year.
In addition, Dongfang Electric Corporation Group continued its shareholding on August 14. Since the first implementation of shareholding, Dongfang Electric Corporation Group has increased its holdings of 9.321 million A shares of the company through the Shanghai Stock Exchange trading system by means of centralized bidding trading, accounting for approximately 0.30% of the company's total share capital, corresponding to an increase of approximately RMB 0.134 billion. As of the date of the announcement, Dongfang Electric Corporation Group held approximately 1.737 billion A shares of the company, accounting for approximately 55.73% of the company's total issued share capital.