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Power Stocks Surge with Limit-Up Frenzy; Datang Power Records 6 Consecutive Daily Gains

Published on: 2026-05-13 | Author: admin

On May 13, 2026, Chinese power sector stocks ignited a broad rally, with multiple shares hitting the daily price limit. Datang International Power Generation Co., Ltd. led the charge by notching its sixth consecutive limit-up. Other major gainers included Jinkong Power, Beijing Energy, Ningbo Energy, and Shaoneng Co., Ltd., all of which also closed at their upper price limits.

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The sharp upward move came amid renewed investor enthusiasm for the power industry, driven by supportive policy signals and expectations of rising electricity demand ahead of the summer peak season. Market analysts attributed the strong performance to ongoing reforms in the power pricing mechanism and a flurry of green energy initiatives that have boosted sentiment across the sector.

Trading volumes surged as institutional and retail investors alike piled into utility stocks, with Datang Power emerging as the standout performer. The company’s six-day winning streak underscores its market leadership and the broader market’s bullish outlook on power generation assets.

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