HK Stock Market Move | Dajin Heavy Industry (01081) once fell nearly 8% to a record low since listing; the company's A-shares approached the limit down in the afternoon.

Dajin Heavy Industry (01081) fell nearly 8% at one point in the afternoon, touching HK$24.4, a new low since listing, while the company's A-shares approached the limit down in the afternoon. It is worth noting that the stock fell nearly 16% in a single day on October 9, and has retraced nearly 30% over the four trading days since then. As of press time, it was down 7.3% at HK$24.64, with a turnover of HK$96.3608 million. On the news front, Citi recently pointed out in a research report that the market is concerned the European Union may ban imports of Chinese wind power equipment due to national security threats, which caused Dajin Heavy Industry's share price to fall 16% on October 9. The European market is crucial to Dajin Heavy Industry, with an estimated 68.8% of 2025 revenue expected to come from the European market. According to the wind power association, due to the current supply shortage in Europe, the possibility of Europe imposing an import ban on Chinese wind power equipment is not high. Last Friday, market rumors said the European Commission had decided to launch anti-dumping and anti-subsidy investigations into wind turbine towers and key structural components originating in China. According to Shell Finance, a wind power company told reporters that the above rumor is not true. This rumor actually republished an old anti-dumping investigation story from the EU in 2020 as news.