On July 6, Dongfang Electric (01072.HK) rose 5.86% in regular trading, trading at 24.22 HKD/share, with turnover of approximately 63.99 million HKD.
On the news front, JPMorgan Chase has been continuously increasing its holdings in Dongfang Electric H shares. On June 26, JPMorgan purchased an additional 1.113 million shares at approximately 21.39 HKD per share, totaling around 23.805 million HKD, lifting its stake to 7.08%. Earlier on June 23, JPMorgan had also acquired approximately 1.48 million shares at an average price of 24.12 HKD, raising its long position from 5.91% to 6.28%. The consecutive purchases by the global investment bank signal institutional confidence in the company.
Within the Heavy Electrical Equipment sector, HARBIN ELECTRIC up 2.97%, GOLDWIND up 2.53%, GUOXIA TECH up 1.82%, SH ELECTRIC up 1.73%, while DAJIN down 3.4%.
(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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