HK Stock Market Move | Dajin Heavy Industry (01081) rebounds over 8%; "false anti-dumping and anti-subsidy news" wrongly depressed the stock price; European offshore wind momentum continues to improve.

Dajin Heavy Industry (01081) rebounded over 8%, after the stock plunged nearly 16% last Friday. As of press time, it rose 8.04% to HK$31.44, with a turnover of HK$81.7484 million. On the news front, market rumors last Friday claimed that the European Commission had decided to launch anti-dumping and anti-subsidy investigations into wind turbine towers and key structural components originating from China. According to Times Finance, a listed wind power company said this was false news, and relevant staff at another wind power company said they had not received such a notice. When the reporter checked the European Commission's website, the news could not be found either. Sinolink pointed out that at the current point, it reiterates its key recommendation for wind turbine leaders whose share prices are still at the bottom but whose profit elasticity is expected to be gradually released; at the same time, European offshore wind export-chain companies, whose share prices have recently shown significantly outstanding performance, were wrongly hit on Friday by "false anti-dumping and anti-subsidy news." The momentum of the European offshore wind sector continues to improve, and the relevant companies' own operating improvements are solid. After the recent rebound, there is still considerable upside, and it is recommended to actively seize the opportunity to buy the dip after the wrongful sell-off.