On May 21, Dongfang Electric fell 3.07% in regular trading, trading at HK$35.38 per share with turnover of HK$146 million. The decline came amid continued weakness across the Heavy Electrical Equipment sector, extending the stock's persistent pattern of rallying on positive catalysts then retreating in subsequent sessions.

On the sector front, the heavy electrical equipment board once again came under collective pressure. Harbin Electric fell 4.71%, Shanghai Electric dropped 4.2%, Guoxia Tech slid 7.55%, and Goldwind declined 0.75%. The broad-based sector downturn has been a persistent drag on individual stock performance.

The company had previously surged over 5% on May 18, driven by a landmark G50 heavy-duty gas turbine export agreement with a North American client for a 1.4GW combined-cycle data center power plant project, along with broker reports highlighting the wind power sector's earnings inflection point. However, selling pressure has dominated since then, with the stock declining in three consecutive sessions. This pattern mirrors the May 13 episode when a similar rally was followed by multi-day pullbacks, reflecting significant short-term capital rotation and sustained profit-taking pressure from earlier gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)