Power Sector Slips, Meiyan Jixiang Falls Over 8% Before Limit Down
On August 14, power sector shares declined broadly. Meiyan Jixiang fell over 8% intraday before hitting the daily limit down, ending with a 9.94% drop on turnover exceeding RMB 300 million. Huayin Electric, Yuneng Holdings and Jingneng Power led the declines.
On August 14, Meiyan Jixiang hit the daily limit down during trading, sliding 9.94% on turnover exceeding RMB 300 million. Earlier, the power sector declined broadly, with Meiyan Jixiang at one point down more than 8%. Huayin Electric, Yuneng Holdings and Jingneng Power were among the leading decliners.