Zhi Tong Cai Jing·2026-02-09 11:22Core Viewpoint - The stock of Dongfang Electric (01072) has surged over 11%, reaching HKD 27.96 with a trading volume of HKD 269 million, driven by the increasing demand for natural gas power generation in the U.S. due to a construction boom in data centers [1][1]. Group 1: Company Performance - Dongfang Electric's stock rose by 11.39% as of the latest report, indicating strong market interest and confidence in the company's future prospects [1][1]. - The company has been collaborating with Mitsubishi Heavy Industries since the early 2000s to enhance its gas turbine manufacturing capabilities, which has positioned it well in the market [1][1]. Group 2: Industry Trends - The global energy monitoring agency reports that the U.S. is set to have over 29 GW of natural gas power generation capacity under construction by January 2026, more than doubling within a year [1][1]. - Domestic advancements in gas turbine technology are expected to provide effective support to the U.S. electricity supply chain, particularly as the country faces power shortages exacerbated by data center construction [1][1]. - Tianfeng Securities projects that Dongfang Electric's market share in the gas-electric sector will reach 70% by October 2025, with the localization rate increasing from 46.5% at the start of the partnership to an anticipated 90% by the end of 2025 [1][1].