The groundbreaking ceremony for the hydropower project at the Yarlung Tsangpo River's lower reaches was held last Saturday (19th) morning in Nyingchi City, Tibet Autonomous Region. Attendees included Li Qiang, Chinese Premier of the State Council.

Hong Kong-listed power equipment stocks were hyped up this morning (21st). DONGFANG ELEC (01072.HK)  +0.650 (+2.637%)    Short selling $82.82M; Ratio 2.575%   opened 14.9% higher and once soared about 7 times in early trading to reach a historical high of HKD119.9. It last traded at HKD22.85, up 53.15%, with a volume of 121 million shares, involving HKD3.08 billion.

Related NewsCLSA: CN Construction of Yarlung Tsangpo Dam in Tibetan Plateau to Benefit UHV DC & Hydropower Equipment Manufacturers
CH ENERGY ENG (03996.HK)  -0.030 (-1.875%)    Short selling $90.68M; Ratio 6.079%   also opened up 14.6% today and once peaked at HKD1.96 with a surge of 50.8% in early trading. It last traded at HKD1.52, up 16.92%, with a volume of 971 million shares, involving HKD1.574 billion. NE ELECTRIC (00042.HK)  -0.020 (-5.797%)   opened up 1.63% and once peaked at HKD0.375. It was last at HKD0.33, up 34.69%, with a volume of 7.246 million shares, involving HKD2.2592 million. HARBIN ELECTRIC (01133.HK)  +0.540 (+6.870%)    Short selling $18.65M; Ratio 5.902%   opened up 11.46% and once peaked at HKD7.82. It was last at HKD7.29, up 19.31%, with a volume of 45.7927 million shares, involving HKD335 million.

SH ELECTRIC (02727.HK)  +0.020 (+0.613%)    Short selling $32.56M; Ratio 13.207%   opened 4.25% higher today and once peaked at HKD3.23. It was last at HKD3.18, up 3.92%, with a volume of 76.426 million shares, involving HKD 243 million.

Cement stocks also thrived, with HUAXIN CEMENT (06655.HK)  -2.540 (-13.656%)    Short selling $51.86M; Ratio 2.060%   rocketing around 1 time in early trading to a record high of HKD20.1 since its H-share listing. It was last at HKD13.18, up 31.54%, with a volume of HKD869 million. CR BLDG MAT TEC (01313.HK)  -0.020 (-0.939%)    Short selling $9.80M; Ratio 12.287%   last printed at HKD2.06, up 9.57%, with a volume of HKD97.3147 million. CNBM (03323.HK)  +0.110 (+2.240%)    Short selling $21.27M; Ratio 8.789%   and CONCH CEMENT (00914.HK)  +0.350 (+1.443%)    Short selling $224.21M; Ratio 31.274%   also swelled 4-5.3%. WESTCHINACEMENT (02233.HK)  +0.030 (+1.613%)    Short selling $16.35M; Ratio 9.501%   last rose 2.3%.

Related NewsM Stanley: Yarlung Zangbo River Hydropower Project Commences Construction; High-Voltage Transmission Equipment/ Hydropower Engineering Firms Expected to Benefit
China Galaxy Securities published a research report saying that CHINA RAILWAY (00390.HK)  +0.160 (+4.020%)    Short selling $18.32M; Ratio 9.537%   , CHINA RAIL CONS (01186.HK)  +0.250 (+4.433%)    Short selling $6.57M; Ratio 4.909%   , and CHINA COMM CONS (01800.HK)  +0.340 (+6.126%)    Short selling $27.94M; Ratio 4.973%   are expected to benefit in the field of hydropower infrastructure construction with their global layouts.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-22 12:25.)