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DONGYUE GROUP Leapfrogs 13% by Midday on Report US to Delay Refrigerant Phase-out
2026-05-22 12:17:09 DONGYUE GROUP (00189.HK) opened 0.5% higher this morning (22nd) before upswing expanded radically. The stock once climbed to HKD13.48, a more than two-month high, and closed at HKD13.38 by midday, up 13.1%, with turnover surging to HKD379 million. The US will delay requirements to phase out refrigerants, postponing the phase-out process of refrigerants and hydrofluorocarbons (HFCs), Chinese media reported, citing sources. A recent research report by First Shanghai noted that core third-generation refrigerant products have all exceeded RMB60,000 per tonne as of April 2026. Prices of second-generation refrigerant R22 have also shown a warming and upward trend amid the arrival of the traditional peak season and the clearance of non-compliant capacity. ~ AASTOCKS Financial News Website: www.aastocks.com | |