live22myanmar| Changes in Hong Kong stocks| Dongfang Electric (01072) rose nearly 7% to lead the rise in wind power stocks. The wind power industry welcomes a number of favorable policies and has frequent bidding activities

Zhitong Financial APP learned that wind power stocks generally rose in early trading. As of press time, Dongfang Electric (01072) rose 6.5live22myanmar.88%, quoted at HK$12.74live22myanmar; Xintian Green Energy (00956) rose 2.49% to HK$3.7; Longyuan Power (00916) rose 2.39% to HK$7.28; Datang New Energy (01798) rose 1.63% to HK$1.87.

On the news front, according to the news from the National Energy Administration's Weixin Official Accounts on May 23, the National Energy Administration recently held a national renewable energy development and construction scheduling video conference. The meeting required that we should make every effort to promote the construction of three batches of large-scale wind power and photovoltaic bases, continue to carry out monthly scheduling and weekly monitoring, and promote the completion of base projects as soon as possible and put into operation on schedule.

live22myanmar| Changes in Hong Kong stocks| Dongfang Electric (01072) rose nearly 7% to lead the rise in wind power stocks. The wind power industry welcomes a number of favorable policies and has frequent bidding activities

Guangfa Securities pointed out that the wind power industry has welcomed a number of favorable policies, clarifying the industry development direction and market incentive mechanism. Eight provinces and cities including Inner Mongolia, Shandong, Yunnan, Shanxi, and Gansu have announced an indicator of about 28.07GW of wind power projects, of which the scale of wind power projects is close to 4.862GW. State Power Investment Corporation, Huadian Group and Huaneng Group occupy a leading position in wind power project development. At the same time, various provinces and cities actively responded to the national new energy development strategy and issued installation plans and project lists one after another. In addition, bidding activities in the wind power industry are frequent, and market activity has increased significantly. Policies and market dynamics show that local governments attach great importance to and actively promote the development of the wind power industry, providing stable development expectations and market confidence for the industry.