On May 29, Huaneng International Power (00902.HK) rose 3.09% in regular trading, trading at HKD 7.07/share, with trading volume of HKD 195 million. The stock extended gains amid continued policy momentum in the computing-power synergy space.

The rally comes on the back of a series of policy catalysts. On May 20, China's National Development and Reform Commission and National Energy Administration jointly issued a notice promoting multi-user green electricity direct connection, marking a significant upgrade from single-user to multi-user models, with priority support for computing power and green hydrogen applications. On May 26, China's first large-scale computing-power synergy green electricity direct supply project commenced operations in Ningxia Zhongwei, with projected annual generation of 4.3 billion kWh. The company itself stated on May 25 that it will closely track policy developments in the computing-power synergy space and actively explore related investment opportunities.

Within the Independent Power Producers and Energy Traders sector, multiple peers posted gains: Datang Power up 6.14%, Huadian Power up 3.34%, China Power up 2.80%, China Resources Power up 2.66%, and CGN Power up 1.99%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)