Harbin Electric rises most in nearly 7 weeks on robust earnings estimate

Harbin Electric

27/01/2026 02:04

** Shares of Harbin Electric Co Ltd 1133.HK rise 7.5% to HK$20.42, on track for biggest one-day pct gain since December 12

** Stock touches the highest level since January 19

** Power generation equipment maker expects 2025 net profit to jump to about 2.65 bln yuan ($380.9 mln) from 1.69 bln yuan in 2024, helped by an increase in operating revenue and improvements in product profitability

** YTD, stock up 20%, benchmark Hang Seng Index .HSI up 5%

($1 = 6.9568 Chinese yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))