HK Stock Market Move | HARBIN ELECTRIC (01133) up more than 4% in early trading, the first 16-megawatt gas turbine natural gas generator in China successfully tested at full load.

HARBIN ELECTRIC (01133) rose more than 4% in early trading, as of the time of publication, it was up 3.84% at 25.44 Hong Kong dollars, with a trading volume of 69.808 million Hong Kong dollars. On the news front, recently, the first domestic 16 megawatt gas turbine natural gas generator developed independently by Harbin Electric Turbine was successfully tested at full load, with the unit running smoothly throughout, stable combustion, normal vibration, precise control system response, key thermal parameters, operating parameters throughout the controllable range, all performance indicators meeting design requirements, and NOx emissions (@15%O2) better than national standards. Citi previously pointed out that the 16 megawatt gas turbine independently developed by HARBIN ELECTRIC is expected to complete testing in the second half of 2026, after which it can be commercially viable. The bank believes that HARBIN ELECTRIC needs to secure a demonstration project of 16 megawatts in the domestic market to collect operating data and complete maintenance cycles before being able to sell overseas.