On June 25, Dongjiang Environmental rose 11.52% in regular trading, trading at HKD 2.18/share, with turnover of approximately HKD 93.73 million. The stock staged a technical rebound following a sharp selloff in the prior session, when shares plunged over 17% after the company issued an abnormal trading volatility notice confirming no undisclosed material events.
Market attention remains focused on the company's resource utilization business expansion. Its subsidiary Daxiang Logistics plans to invest RMB 20 million to expand hazardous waste resource utilization supporting capacity. Operating net cash flow surged over 200% year-over-year, while resource utilization business revenue contribution increased by more than 20%. Additionally, the company's annual general meeting scheduled for June 29 continues to support short-term sentiment, with expectations around dividends and strategic M&A upgrades providing a floor for the stock.
(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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