Hong Kong Stock Movement: DAJIN (01081) Rebounds Over 15%; KING THREE Recently Commences Maiden Voyage as European Offshore Wind Sentiment Improves

Stock News10-23

DAJIN (01081) rebounded more than 15% in the afternoon session, rising 14.65% as of the time of writing to HK$23.48, with turnover of approximately HK$85 million.

On the news front, recent market rumors regarding the EU's "anti-dumping and anti-subsidy" investigation have been confirmed by DAJIN as untrue, with the company stating that its operations are all normal. Sinolink Securities previously noted that European offshore wind export chain companies, which had recently shown significantly outperforming share price performance, were mistakenly sold off due to "false anti-dumping and anti-subsidy rumors," while European offshore wind sentiment continues to improve and the relevant companies' own operational improvements remain solid.

On October 12, the company announced that the KING THREE vessel, which it built independently, set sail from its Tangshan Caofeidian base, carrying 10 ultra-large monopiles for the Nordseecluster B project to the Port of Eemshaven in the Netherlands. The maiden voyage of KING THREE marks the full commissioning of DAJIN's KING series of three vessels, with the company's own ocean shipping capacity advancing from single-vessel validation to series-based operations.

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