HK Stock Market Move | DONGYUE GROUP(00189) up more than 10%, reported that Trump will postpone the elimination of refrigerant requirements.

DONGYUE GROUP (00189) surged more than 10%, and as of the time of writing, it increased by 10.48%, reaching 13.07 Hong Kong dollars with a trading volume of 2.33 billion Hong Kong dollars. On the news front, according to reports from Jin Shi, Trump will postpone the phase-out requirement of refrigerants, delaying the elimination process of refrigerants and hydrofluorocarbons. A recent research report from FIRST SHANGHAI pointed out that as of April 26, the core varieties of third-generation refrigerants have all exceeded 6,000 yuan per ton; the second-generation refrigerant R22 has shown a warming upward trend in prices due to the arrival of the traditional peak season and the clearance of illegal production capacity. In terms of production capacity, after the company's 49,000-ton R32 project under construction reaches production, the total production capacity of R32 will reach 120,000 tons, completely solving the problem of insufficient quota utilization due to the adaptation period of the equipment, and fully locking in industry quota premiums. Despite slight disturbances in short-term export shipping due to geopolitical issues, the refrigerant sector still has strong certainty in terms of prosperity under the strong constraints of quotas in the medium to long term.