Movement Alert|Dongyue Group Rises 5.24% in Regular Trading, US and UK Extension of HFCs Usage Period Continues to Catalyze Fluorochemical Leader

Market Focus06-04

On June 4, Dongyue Group rose 5.24% in regular trading, trading at 17.72 HKD/share, with trading volume of 342 million HKD, extending its recent strong momentum with year-to-date cumulative gains exceeding 60%.

On the news front, the UK and US have successively announced delays to their HFCs (third-generation refrigerant) quota reduction plans, slowing the overall pace of HFCs phase-out. This policy shift directly benefits Chinese refrigerant producers. The core logic is that global HFCs capacity is highly concentrated in China, where domestic production quotas stand at only 797,800 tonnes with near-zero supply growth. The extension of overseas demand, combined with sustained domestic refrigerant price increases, is fueling expectations of a global refrigerant restocking cycle.

Dongyue Group, as a leading fluorochemical enterprise, is well-positioned to benefit from this industry upcycle. Its R32 project under construction will bring total capacity to 120,000 tonnes upon full commissioning, giving the company significant quota advantages in the tightening supply landscape.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment