HK Stock Market Move | Electricity collaboration accelerates landing. DATANG POWER (00991) rose nearly 7%, CH ENERGY ENG (03996) rose more than 6%.

The synergy of electricity and computing accelerates landing, and related concept stocks rise. As of the time of writing, DATANG POWER (00991) rose 6.83% to HKD 3.13, and CH ENERGY ENG (03996) rose 6.3% to HKD 1.35. On the news front, on May 2, China's first large-scale "electricity and computing synergy" green electricity direct supply project - the 500,000-kilowatt photovoltaic power station at the China Datang Zhongwei Yun Base in Zhongwei, Ningxia, was officially put into operation. The project adopts a "physical direct supply + bilateral trading" dual-track parallel "electricity and computing synergy" power supply system. Previously, electricity and computing synergy was first included in the 2026 government work report. EB SECURITIES believes that policy will drive the accelerated development of China's electricity and computing synergy industry. Several power operators are actively deploying electricity and computing synergy businesses to open up the second growth curve, and it is recommended to pay attention to DATANG POWER and others. In addition, with the accelerated landing of electricity and computing synergy projects, related power equipment manufacturers are expected to benefit.