HK Stock Market Move | Dajin Heavy Industry (01081) fell more than 17% to hit a new low in its listing. The stock price has been halved in just over a month since its listing.

Dajin Heavy Industry (01081) fell more than 16%, hitting a new low of 31.3 Hong Kong dollars, breaking the new listing low since its debut on June 5th. As of the time of writing, it had fallen 17.03% to 31.56 Hong Kong dollars, with a turnover of 75.63 million Hong Kong dollars. It is reported that Dajin Heavy Industry focuses on the overseas market and offshore wind power, positioning itself in the global deep-sea wind power market. It is the only supplier in the Asia-Pacific region that can deliver single piles in batches to Europe. According to Frost & Sullivan, based on sales amount, the company is ranked first in Europe's offshore wind power base equipment suppliers in the first half of 2025. Guotou Securities International previously pointed out that the company's overseas income mainly comes from the European market, with a high concentration of customers. Projects delivered under the DAP model have long execution and service cycles, requiring high operational funds and carrying fluctuation risks. Geopolitics pose potential risks to offshore transportation.