On May 22, Shanghai Electric rose 3.46% in regular trading, trading at HKD 5.06 per share, with trading volume of HKD 38.63 million.

On the news front, the controlled nuclear fusion sector — valued as a hundred-billion-yuan track — continues to surge, compounded by the lingering momentum from China's fourth-generation thorium-based molten salt reactor officially achieving thorium-uranium conversion. Shanghai Electric, as the only domestic enterprise covering all four generations of nuclear power technology routes, continues to attract capital inflows. The company has achieved breakthroughs in 700°C high-temperature molten salt corrosion protection technology, with orders backlogged through 2028, and is deeply involved in national key fusion projects including ITER and BEST, having successfully delivered multiple globally first-of-a-kind core equipment.

Within the Heavy Electrical Equipment sector, Harbin Electric rose 2.37%, Dongfang Electric rose 1.02%, and Goldwind rose 0.98%, with Shanghai Electric outperforming the broader industry.

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