Dongyue Group (00189) rose more than 7%. As of press release, it had risen 6.45% to HK$9.56, with a turnover of HK$134 million.
The Zhitong Finance App learned that Dongyue Group (00189) rose more than 7%. As of press release, it had risen 6.45% to HK$9.56, with a turnover of HK$134 million.
Xiangcai Securities pointed out that refrigerant prices have been high overall recently, with R32 and R22 price trends being even stronger. With the advent of the peak season for air conditioning production, the production schedule data of air conditioning companies increased significantly in May, downstream demand for refrigerants increased, and the market supply and demand pattern improved. In the medium to long term, the third-generation refrigerant quota plan has been implemented, and the supply side is stabilizing. Against the backdrop of steady demand for terminals such as air conditioners, the supply gap caused by the gradual withdrawal of second-generation refrigerants is expected to drive demand for third-generation refrigerants, and the boom in third-generation refrigerants is expected to rise.
Huachuang Securities pointed out earlier that according to the quota usage results we are currently monitoring, the R32 and R125 quotas were generally overused in January-April, which means that the quota may face a tense situation in the second half of the year. We determine that the pattern of price changes during the off-peak season may change. If quotas are used too fast during the peak season, prices may rise further during the off-season due to insufficient quotas.