Movement Alert|Datang Power Rises 3.41% in Regular Trading, Summer Peak Demand Theme and AH Premium Convergence Drive Continued Rebound

Market Focus
May 29

On May 29, Datang Power (00991.HK) rose 3.41% in regular trading, trading at HKD 3.05/share, with trading volume of HKD 128 million.

On the news front, the summer peak electricity demand theme continues to intensify. Southern Power Grid's load surged to a record 2.725 billion kilowatts over May 25-27, marking three consecutive days of all-time highs — nearly one month earlier than the typical June-July seasonal peak pattern observed from 2020 to 2025. National peak load this summer is projected to reach approximately 1.6 billion kilowatts, up 90 million kilowatts year-over-year. Meanwhile, the company's H/A share ratio remains at approximately 0.35, with the elevated AH premium fueling market expectations of price gap convergence. Sector peers also advanced, with Huaneng Power up 3.82%, Huadian Power up 3.12%, and China Resources Power up 2.36%. Notably, the company has repeatedly stated it has no operational computing-power collaboration projects, and its current valuation remains significantly above the industry average.

(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.)

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