HK Stock Market Move | DONGYUE GROUP (00189) rose nearly 6%, institutions are optimistic that the prosperity of mainstream refrigerants will continue.

DONGYUE GROUP (00189) rose nearly 6%, as of the time of publication, up 5.78% to HK$14.09, with a turnover of HK$302 million. On the news front, according to fluoro.com, as Spring Festival production stoppages gradually resume production, market liquidity is expected to gradually return next week, and Spring demand is expected to be released after March. [The] current price maintains a high consolidation under the dual support of low inventory and bullish expectations. Looking ahead, export market orders continue to advance, coupled with the approaching April refrigeration exhibition, multiple bullish factors are expected to bring new opportunities for the refrigerant market with some varieties potentially seeing a new round of price support. Guosen previously pointed out that the tightening of refrigerant quotas is a long-term trend, and in this context, mainstream refrigerants such as R32, R134a, and R125 are expected to continue to be prosperous, with prices having significant room for long-term upward movement; corresponding refrigerant quota leading companies are expected to maintain a long-term high-profit level. In addition, there is optimism about the increase in demand for fluorinated liquids and refrigerants in the liquid cooling industry. It is recommended to pay attention to the price recovery of fluorine-containing high molecular polymers such as PVDF and PTFE.