Zhongji Chuangxu A-shares recorded intraday turnover above CNY20 bln and were down 11.14%.

Worksite says the first unit’s stator and main transformer have been installed, marking the electromechanical installation phase entering a critical stage. The plant in Luotian County, Huanggang, Hubei has total capacity of 1.4 GW, comprising four 350 MW reversible pump-turbine motor-generator units. Once operational it will supply peak shaving, valley filling, bulk energy storage, frequency and phase regulation, and emergency reserve capacity to the Hubei grid.

BMO raised PTs: AbbVie (ABBV.N) to $340 from $300; Regeneron Pharmaceuticals (REGN.O) to $1,050 from $920; Cheniere Energy (LNG.N) to $350 from $306.