HK Stock Market Move | SUN.KING TECH (00580) rose nearly 10% at the close, continuing to develop the nuclear fusion industry. The company's subsidiary Astrol has obtained nuclear fusion-related orders.

SUN.KING TECH (00580) rose nearly 10% in the final trading session, rising 8.7% at the time of writing to 2 Hong Kong dollars, with a trading volume of 15.5727 million Hong Kong dollars. On the news front, the compact fusion energy experimental device - BEST project has recently received the first batch of toroidal field (TF) coil boxes and the first batch of magnetic gravity support components. This is another important component delivery following the installation of the BEST Duvan base on October 1st. Western pointed out that representative devices like BEST are in the planning/construction stage, with continued bidding and development in the fusion industry, making the sector's investment opportunities worth paying attention to. It is worth noting that on September 8th, SUN.KING TECH's Swiss subsidiary Astrol announced a partnership with an innovative company in the field of fusion energy. The company will use Astrol's power switch solutions to control current in advanced fusion systems. Astrol is dedicated to designing and manufacturing power electronics equipment for various fusion technology paths. The company has provided pulse power switch products and solutions for over 80 projects in high-energy particle research, pulse laboratories, including TriAlpha Energy (2017) and another project in controllable fusion in 2022. This new order once again demonstrates Astrol's leading technology in the field of fusion power electronics.