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Tian Neng Power has risen continuously in recent days, reaching a new high since July 2018. Previously, Tian Neng Power was consecutively shorted twice by GMT Research. However, the company issued an announcement to refute the short-selling firm, gaining favor from domestic capital, with the proportion of shares held via Stock Connect rising to 15.62%. Additionally, on Monday (July 1st), Tian Neng Power announced at noon that it expects the net profit attributable to shareholders for the first half of the year to increase by over 30% year-on-year.
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