The A-share power grid equipment sector surged in early trading, with Kingcrown Electric hitting the 20% daily limit. Other stocks such as Great Wall Electric, Meishuo Technology, Huashengchang, Kelun Electronics, and Sanyou Lianzhong followed suit. On the 10th, Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), chaired a symposium for private enterprises. The NDRC stated that it will increase counter-cyclical adjustments, promote the early commencement of major projects outlined in the 15th Five-Year Plan and the "Six Power Grids" construction implementation plan, and stimulate and unleash domestic demand potential.
