A-share power stocks fluctuated and strengthened, with Baitong Energy hitting the daily limit, Mindong Power rising over 6%, and other stocks such as Zhongmin Energy, Jinfang Energy, Jiawei New Energy, and Huadian Liaoneng following suit. Goldman Sachs raised its CAGR forecast for U.S. electricity demand to 2030 from 3.2% to 3.5%; it also expects data center power demand in 2030 to grow by about 170% compared to 2025, up from its March forecast of about 117%.
