The Zhitong Finance App learned that Daikin Heavy Industries (01081) plummeted from a high level today, and the decline widened by more than 13% in the afternoon. The previous month's stock price rose to a high of nearly 30%. The company's A shares fell to a halt in the afternoon. As of press release, it was down 13% to HK$30.12, with a turnover of HK$288 million.

According to the news, Daikin Heavy Industries' revenue is highly concentrated in the European market. It previously disclosed in its prospectus for listing in Hong Kong that during the record period, the European market revenue had already exceeded half of the company's total revenue. It is worth noting that this morning, some media released news about the EU's “double reversal” of wind power against China. According to reports, the EU's anti-dumping duties on Chinese wind power towers are an existing measure implemented from December 2021.

In the second quarter of this year, Daikin Heavy Industries experienced a year-on-month decline, mainly due to delays in the receipt of some marine products and exchange losses due to the pace of shipping. A previous research report from Motong Daikon indicated that although stock prices have fallen sharply since mid-2026 due to lower profit forecasts, the company's profits are expected to rebound in 2027 as headwinds in exchange rates and logistics subside and European order growth accelerates again.

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