Most energy storage-related stocks rose, with Shuangdeng Shares (06960) up 5.45% to HKD 13.16, and Ruipu Lantun (00666) gaining 5.23% to HKD 16.3 as of the time of writing.
According to Zhitong Finance APP, most energy storage concept stocks rose. As of press time, Shuangdeng Co., Ltd. (06960) increased by 5.45%, to HKD 13.16; Ruipu Lanjun (00666) increased by 5.23%, to HKD 16.3; Zhongchuang New Energy (03931) increased by 5.16%, to HKD 28.54; Guoxia Technology (02655) increased by 3.73%, to HKD 49; CATL (03750) increased by 3.57%, to HKD 667.
In terms of news, Morgan Stanley recently released a 60-page in-depth research report titled “Power for AI: Flexible Power – The Next Wave of Growth in AI.” The core argument suggests that the true bottleneck for AI development is shifting from computing power to electricity, and energy storage systems (ESS) will become the key infrastructure to address this bottleneck. Additionally, geopolitical uncertainties are expected to further boost overseas demand for energy storage. A previous report by China Merchants Securities noted that under Europe’s marginal clearing price mechanism for electricity, LNG natural gas currently serves as the anchor for power market pricing. The recent conflict-induced rise in gas prices will effectively pass through to electricity prices, leading to a new surge in household energy storage demand.
Wanlian Securities pointed out that domestically, by 2026, the domestic energy storage industry will transition from policy-driven to market-driven growth. Currently, the return on investment for domestic energy storage projects is improving, with bidding and tendering volumes maintaining high growth, highlighting strong downstream demand resilience. Installation demand is expected to maintain steady growth. Overseas, the acceleration of data center construction in the United States is driving demand for energy storage infrastructure. Europe demonstrates robust demand for large-scale energy storage, with long-term growth showing high certainty. In emerging markets such as the Middle East and Australia, strong policy support is enhancing demand for both large-scale and household energy storage, providing multi-regional support for global energy storage installations.
