Changes in Hong Kong stocks | Harbin Electric (01133) continues to rise by more than 3%, and its medium-term net profit pre-increased 60% year over year. The layout of small combustion engines and fourth-generation nuclear power opens up room for growth

The Zhitong Finance App learned that Harbin Electric (01133) continued to rise by more than 3%. As of press release, it had risen 3.34% to HK$16.7, with a turnover of HK$178 million.

According to the news, Harbin Electric recently announced that it is expected that the company will obtain a net profit of about RMB 1.7 billion attributable to the owners of the parent company for the first half year of 2026, an increase of 61.9% over the previous year. UBS said that Harbin Electric is winning big against market expectations, plus the potential inclusion of Hong Kong Stock Connect in August as an additional revaluation catalyst, and is now the time to enter the market.

Huatai Securities believes that, on the one hand, the company will continue to benefit from the increase in domestic demand for electricity, the guaranteed value of traditional power supplies such as gas, water, etc. is prominent, and the increase in orders is expected to support continued performance; on the other hand, the company's small combustion engine and fourth-generation nuclear power layout is expected to open up room for growth.