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DONGYUE GROUP Leapfrogs 13% by Midday on Report US to Delay Refrigerant Phase-out
Recommend 8 Positive 11 Negative 7 |
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DONGYUE GROUP (00189.HK) opened 0.5% higher this morning (22nd) before upswing expanded radically. The stock once climbed to HKD13.48, a more than two-month high, and closed at HKD13.38 by midday, up 13.1%, with turnover surging to HKD379 million. The US will delay requirements to phase out refrigerants, postponing the phase-out process of refrigerants and hydrofluorocarbons (HFCs), Chinese media reported, citing sources. A recent research report by First Shanghai noted that core third-generation refrigerant products have all exceeded RMB60,000 per tonne as of April 2026. Prices of second-generation refrigerant R22 have also shown a warming and upward trend amid the arrival of the traditional peak season and the clearance of non-compliant capacity. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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