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Hong Kong stocks Concept tracking | The International Energy Agency expects Global Electrical Utilities demand to experience unprecedented growth, with Electrical Utilities equipment companies receiving attention (including Concept stocks).
Coal power generation is about to reach its peak, and the approval for coal power installed capacity is beginning to rebound. The approval for pumped storage construction is also peaking, and Nuclear Power has obtained approvals for 10 units for three consecutive years and is expected to continue.
Harbin Electric Gets Regulator's Nod for Share Sale Plan
The 58% Return Delivered to Harbin Electric's (HKG:1133) Shareholders Actually Lagged YoY Earnings Growth
Hong Kong stock market close (01.23) | The Hang Seng Index fell 0.4%, with large financial stocks active throughout the day. Semiconductor Manufacturing International Corporation (00981) plummeted in the afternoon, dropping over 7%.
The market is looking forward to long-term incremental funds entering the market, and Hong Kong stocks rallied in the early trading session, with the Hang Seng Index briefly surpassing the 20,000 mark. However, the market subsequently showed weak upward momentum, and the three major indices collectively turned downward in the afternoon. The current market is still observing the developments of Trump's tariff policy.
Hong Kong Stock Market Midday Review | Hang Seng Index rose 0.24% in the morning session, Mainland Insurance Companies climbed across the board.
Six departments issued a document to promote the entry of medium- and long-term funds into the market. Institutions stated that expectations for improvements on the asset side have significantly increased.
The bullish earnings expectations boosted confidence, causing HARBIN ELECTRIC to surge over 25% at one point.
① How do institutions view HARBIN ELECTRIC's performance expectations? ② Did the installed capacity of hydropower and thermal power nationwide see an increase last year?