Zhitong Finance App learned that wind power stocks are picking up today. As of press release, China High Speed Transmission (00658) rose 4.12% to HK$2.53; Dongfang Electric (01072) rose 2.67% to HK$9.24; Longyuan Electric (00916) rose 1.7% to HK$6.58; and Goldwind Technology (02208) rose 1.27% to HK$3.97.
Changjiang Securities said that the wind power sector index has been lowered, mainly because the pace of wind power project commencement has lagged behind market expectations since the second quarter, the number of tenders for superimposed wind power projects is low, and some wind power companies have reported relatively weak operations in the second quarter, which has given rise to market pessimism and concerns about the subsequent development of the industry.
Looking forward to the future, we remain optimistic. We expect that with the gradual release of wind power in Q3, enterprises in the industrial chain entering an intensive delivery period, and the implementation of industry catalysis, a new round of market conditions is expected. The restrictive factor of sea wind is gradually lifted, and the installed capacity of sea wind is expected to be released quickly in the later stages, which in turn will drive corporate profit growth.