HK Stock Market Move | Nuclear power stocks rise against the market trend, controllable nuclear fusion attracts market attention again. Institutions say that the recent catalysis in the fusion industry has become more intensive.

Nuclear power stocks continue to rise against the market, as of the time of publication, CNNC INT'L (02302) rose 7.22 Hong Kong dollars; CGN MINING (01164) rose 1.6%, to 3.81 Hong Kong dollars; Shanghai Electric Group (02727) rose 0.99%, to 5.08 Hong Kong dollars. In terms of news, according to CCTV news, on October 1st, China's independently developed nuclear fusion device BEST achieved a key breakthrough: the first key component - the pedestal base of the divertor successfully installed, marking a new stage in the construction of this major national weapon. According to the plan, BEST, using the compact high-field superconducting tokamak technology route, is expected to be completed by the end of 2027; by 2030, it is expected to light the first light through nuclear fusion, taking a crucial step towards commercial application. In addition, from October 13th to 18th, the International Atomic Energy Fusion Energy Conference (FEC2025) will be held in Chengdu. Founder pointed out that the fusion industry has seen a noticeable acceleration compared to the months of July and August, with the possibility of major national and international developments being announced at the international atomic energy fusion energy conference, and the domestic BEST project is expected to open a second round of intensive bidding in Q4 (including high-value products such as the first wall, divertor, and power supply), with other fusion devices also expected to start; major players entering the market and major progress in overseas device ignition. The second wave of the fusion market is expected to start this year.