On June 22, Dongfang Electric fell 3.48% in regular trading, trading at 24.5 HKD/share, with turnover of 89.68 million HKD. The stock continues its steep decline from the May 18 high of 41.14 HKD, with cumulative losses now exceeding 40%.

On the institutional front, Artemis Investment Management LLP recently executed two rounds of significant disposals — selling 3.748 million shares on June 11 at approximately 25.14 HKD per share, followed by 2.2184 million shares on June 15 at approximately 26.86 HKD, reducing its stake from 7.58% to 5.78%. Southbound capital also recorded cumulative net outflows of 6.976 million shares over 20 trading days. Rising international oil and gas prices continue to suppress gas turbine demand, while AI infrastructure expansion diverts orders toward diesel generators.

Within the Heavy Electrical Equipment sector, broad weakness persists, with Goldwind down 6.07%, Harbin Electric down 3.09%, and Shanghai Electric down 0.37%.

(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.)