Changes in Hong Kong stocks | Dongfang Electric (01072) rose more than 4% intraday nuclear fusion and welcomed new catalytic mechanisms optimistic about the upward trend in the gas turbine industry

The Zhitong Finance App learned that Dongfang Electric (01072) rose more than 4% in the intraday period. As of press release, it had risen 3.11% to HK$23.2, with a turnover of HK$159 million.

According to the news, nuclear fusion is once again ushering in catalysis. According to reports, Trump Media Technology Group agreed to merge with nuclear fusion energy company TAE Technology through an all-stock transaction, with a total transaction value of over 6 billion US dollars. The two companies said on Thursday that the deal aims to integrate the capital channels of Trump Media and Technology Group and TAE Technology's nuclear fusion technology to provide energy support for the booming development of the artificial intelligence industry.

Furthermore, Dongwu Securities recently pointed out that the construction of AI data centers brings about a large demand for electricity, and places high demands on the reliability and stability of electricity. Gas turbine power generation has the characteristics of fast construction cycle, stable power output, and low power generation resource requirements, and is expected to become the best data center power supply solution in the short term. The global gas turbine market is mainly dominated by Siemens, GE, Mitsubishi Heavy Industries, Caterpillar (subsidiary company Sola), etc. of the United States, and there is plenty of room for domestic replacement. According to information, the G50 heavy gas turbine independently developed by Dongfang Electric has already been commercialized and overseas.