HK Stock Market Move | Hydrogen concept stocks surged in intraday trading, with SINOHYTEC (02402) rising more than 84% at one point. The hydrogen and fuel cell industry will enter a period of strong volume growth.

Hydrogen concept stocks rose during trading hours. As of press time, SINOHYTEC (02402) rose 51.13% to HK$36; REFIRE (02570) rose 27.96% to HK$212.8; JINGCHENG MAC (00187) rose 15.32% to HK$5.58; GUOFUHEE (02582) rose 11.71% to HK$62. In terms of news, the 10th International Hydrogen and Fuel Cell Equipment Technology Exhibition was held in Beijing from September 18th to 20th. In addition, recently, many places such as Beijing, Chongqing, and Wuhan have introduced policies to support the development of the hydrogen energy industry, racing to lay out the hydrogen energy industry and accelerate the development and application of related industries to seize the new track of the hydrogen energy industry. China Great Wall stated that due to the continuous favorable policies on hydrogen energy in China, the hydrogen energy industry continues to develop. Sinolink believes that 2025 is the settling point for the medium and long-term planning of hydrogen energy, and the hydrogen energy and fuel cell industry will enter a period of large-scale sprinting. The landing of fuel cell vehicles and green hydrogen projects will accelerate. Hydrogen energy and fuel cell manufacturing are currently the two mainlines, and it is recommended to continue paying attention.