Hong Kong Stock Alert | DAJIN Surges Over 12% in Afternoon Session as Shipbuilding Orders Stay Robust and European Offshore Wind Tenders Set to Fuel Growth

Stock News
Yesterday

Shares of DAJIN (01081) jumped more than 12% during the afternoon trading session on Thursday. At the time of writing, the stock was up 10.22%, changing hands at HK$31.50, with a turnover of HK$91.2248 million.

On the news front, the company previously stated that its shipbuilding division has officially entered the mainstream vessel construction market, securing recognition from several leading international shipowners, including those from the Netherlands, Greece, and Norway. Additionally, the adoption of large-scale order intake and batch production models is expected to effectively reduce per-unit production costs, while steadily enhancing overall operational efficiency and profit margins within the business.

Data indicates that since its initial contract signing in August 2025, the company has cumulatively signed orders for 24 new vessel construction projects, with a total contract value of approximately RMB 12 billion. According to a research report from Huatai Securities, European offshore wind is likely to see a wave of intensive auction activity from the second half of 2026 through early 2027, including the UK's AR8 (with a project pipeline exceeding 17GW), France's AO10 (totaling 10GW), and the Netherlands' 2GW. Coupled with the possibility that Germany may introduce two-way Contracts for Difference to restart its offshore wind auctions, the brokerage holds a positive outlook on how the release of project tenders could strengthen order expectations across the supply chain.

The company has already achieved one-stop product delivery and is actively expanding its localized production capacity, home-port operations, and installation services, which is anticipated to facilitate the gradual realization of new order wins in the near term.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10