News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>Citi: GE Vernova Results Reflect Positive Global Gas Turbine Demand; Rating Kept at Buy for DONGFANG ELEC
GE Vernova (GEV.US) recorded 21GW of gas power equipment orders and reserved capacity in 1Q26, Citi Research issued a research report saying. Its equipment backlog and reserved cap...
Reset
Send
The window will close in 5 seconds
<Research>Citi: GE Vernova Results Reflect Positive Global Gas Turbine Demand; Rating Kept at Buy for DONGFANG ELEC
Close
Recommend
31
Positive
36
Negative
37
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

GE Vernova (GEV.US)      recorded 21GW of gas power equipment orders and reserved capacity in 1Q26, Citi Research issued a research report saying. Its equipment backlog and reserved capacity have increased from 83GW in 4Q25 to 100GW.

The broker believed that this reflects robust global demand for gas turbines, and sends a positive signal for DONGFANG ELEC (01072.HK)  -2.080 (-6.082%)    Short selling $22.78M; Ratio 3.819%   's potential overseas gas turbine sales.

Citi Research raised its 2026 outlook for GE Vernova, expecting revenue to be US$44.5-45.5 billion, and lifted its adjusted EBITDA margin forecast to 12-14%.

Therefore, the broker kept rating at Buy on DONGFANG ELEC, with a target price of $54, based on a projected 2026 PB ratio of 3.2x.

HARBIN ELECTRIC (01133.HK)  -1.870 (-8.706%)    Short selling $30.77M; Ratio 10.511%   has limited potential catalysts, Citi Research added. According to management, HARBIN ELECTRIC is not currently in negotiations with overseas customers regarding potential gas turbine sales.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Auto-translated by AI
View Original Text
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.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.