HK Stock Market Move | Dajin Heavy Industry (01081) falls over 4%, with its share price hitting a new post-listing low; nearly 70% of the company's revenue comes from the European market.
Dajin Heavy Industry (01081) fell over 4%, touching a low of HK$21.52, a new post-listing low. As of press time, it is down 3.82% at HK$21.68, with a turnover of HK$49.0935 million.
Dajin Heavy Industry (01081) fell over 4%, hitting a low of HK$21.52, a new post-listing low. As of press time, it was down 3.82% at HK$21.68, with a turnover of HK$49.0935 million.
On the news front, rumors that the European Commission had decided to launch anti-dumping and countervailing investigations into wind turbine towers and key structural components originating in China were confirmed by Dajin Heavy Industry to be false, and the company's operations remain normal. Citi said in a research report that the European market is crucial to Dajin Heavy Industry, and it is estimated that 68.8% of revenue in 2025 will come from the European market.
GF SEC pointed out that Europe's wind power sector is constrained in the short term by grid bottlenecks, inefficient approvals, and supply chain tightness, but marginal improvements such as a recovery in capital investment and optimization of electricity pricing mechanisms continue to materialize. The industry's bottoming-out and recovery trend is clear, and restorative growth opportunities are becoming prominent.
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