China Stock of the Day | Kabutaro & Friends

Fujian Mindong Electric Power <000993>, a Fujian-based regional utility operating hydro, wind and solar generation plus energy storage regulation, was the Chinese stock most talked about online on September 14, 2026.
Background: The stock closed at 15.27 yuan (+10.01%) on September 14, hitting its fourth consecutive daily limit-up and pushing its market capitalization to about 7 billion yuan. Among the 57 A-share stocks that hit their daily limit that day, it stood out as the stock with the longest limit-up streak. The rally was driven by brokerage views that improving water inflows in the Dadu and Yalong river basins point to higher hydropower output, and that rising coal prices make hydropower's cost advantage more pronounced. The company also reported first-half 2026 revenue of 237 million yuan and net profit attributable to shareholders of 29.41 million yuan, while Fujian's designation as China's first pilot province for integrated "source-grid-load-storage" development provided additional policy support.