HK Stock Market Move | DONGYUE GROUP(00189) rose more than 4%, the refrigerant market continues to be in high prosperity.

DONGYUE GROUP (00189) rose more than 4%, as of the time of writing, it was up 4.39% to HK$11.9, with a turnover of 133 million Hong Kong dollars. In terms of news, according to Fluorine Services Online data, on January 16th, the prices of refrigerants R507 and R404 reached 46,000-49,000 yuan/ton and 43,000-45,000 yuan/ton respectively, both up by 3,000 yuan/ton from the 14th. In addition, leading refrigerant companies have successively disclosed performance forecasts for 2025. Zhejiang Sanmei Chemical Industry expects a year-on-year increase in net profit attributable to shareholders of listed companies of 155.66%-176.11% in 2025; Zhejiang Yonghe Refrigerant expects a year-on-year increase in net profit attributable to parent company shareholders of 110.87%-150.66% in 2025. Changjiang pointed out that DONGYUE GROUP is a leading company in the fluorosilicon industry. In 2024, the third-generation refrigerant quota was officially frozen, and the industry is expected to enter a long period of upward trend; organic silicon capital expenditures have slowed significantly, with high demand growth, potentially reversing from the bottom; the fluorinated polymer sector may see structural opportunities.