HK Stock Market Move | Dongfang Electric Corporation (01072) rises more than 4%. Data center accelerates layout of power solutions. Domestic gas turbine companies go abroad to embrace new opportunities.

Dongfang Electric Corporation (01072) rose more than 4%, rising 4.57% to HK$26.56 as of the time of writing, with a turnover of HK$72.265 million. In terms of news, the Huaxi research report pointed out that with the rapid development of global AIDC and the continuous growth of investment in power grid construction, the demand for power equipment is entering a boom cycle. The bank believes that companies that have quality channel resources, leading technological strength, and actively layout related production capacity are expected to benefit fully. They continue to be optimistic about overseas businesses achieving breakthroughs, overseas businesses with high gross profit margins, focusing on core links such as transformers & SST, gas turbines, AI power, and energy storage industry chains. It is understood that Dongfang Electric Corporation's gas turbine business is advancing on a dual track of "technology precipitation through joint ventures + breakthrough in self-developed products", forming a complete product matrix from 15MW to 500MW. The company's overseas business is growing rapidly, with a target of achieving "zero breakthrough" in the export of heavy-duty gas turbine units by 2025, making it a leading player in the domestic gas turbine field. The company continues to make breakthroughs in emerging markets such as the Middle East and Central Asia, signing key projects in the Middle East by 2025.