On May 20, Shanghai Electric (02727.HK) rose 3.48% in regular trading, trading at 5.06 HKD/share, with trading volume of 242 million HKD, significantly outperforming the broader Heavy Electrical Equipment sector which saw widespread declines.
On the news front, the controlled nuclear fusion track, valued at hundreds of billions, continues its breakout rally. This is coupled with the landmark achievement of China's thorium-based molten salt reactor officially completing construction and achieving thorium-uranium conversion. Shanghai Electric, as the only domestic enterprise covering all fourth-generation nuclear power technology routes, continues to attract concentrated capital inflows.
Specifically, the company has achieved breakthroughs in 700°C high-temperature molten salt corrosion protection technology, with orders booked through 2028. It is deeply involved in national key fusion projects including ITER and BEST, and has successfully delivered multiple globally first-of-their-kind core equipment units. Additionally, the global gas turbine supply bottleneck is intensifying, with the company's gas turbine business expected to accelerate growth. Within the same sector, Dongfang Electric fell 5.49%, Harbin Electric fell 1.61%, while Shanghai Electric's performance markedly outpaced peers.
(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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