Wind power stocks rose across the board in early trading. As of the time of publication, Goldwind Science & Technology (02208) rose by 6.13% to HK$6.92; China Longyuan (00916) rose by 5.51% to HK$7.09; China Suntien (00956) rose by 1.73% to HK$3.53; Dongfang Electric Corporation (01072) rose by 1.4% to HK$10.14.
According to the Securities Times app, wind power stocks rose across the board in early trading. As of the time of publication, Goldwind Science & Technology (02208) rose by 6.13% to HK$6.92; China Longyuan (00916) rose by 5.51% to HK$7.09; China Suntien (00956) rose by 1.73% to HK$3.53; Dongfang Electric Corporation (01072) rose by 1.4% to HK$10.14.
On the news front, the National Development and Reform Commission and six other departments have issued guidance on vigorously implementing the action of renewable energy substitution. The guidance mentions comprehensive enhancement of renewable energy supply capabilities, accelerated construction of large-scale wind and photovoltaic bases focusing on deserts, Gobi, and arid areas, and promotion of offshore wind power cluster development. Scientific and orderly promotion of large-scale hydropower base construction, overall promotion of water, wind, and solar comprehensive development, and development of distributed renewable energy nearby.
Ping An Securities pointed out that overall, the domestic offshore wind power is advancing at an accelerated pace, onshore wind power bidding volume exceeds expectations, wind turbine companies' gross margin is on the rise, significant breakthroughs have been made in offshore wind turbine exports since the second half of the year, the fundamentals of the wind power sector have substantially improved, and the investment opportunities in the wind power sector continue to be bullish.