HK Stock Market Move | Deep underground economic concepts are fermenting again, SINOPEC SSC (01033) rose more than 8%, Shandong Molong Petroleum Machinery (00568) rose more than 5%

The concept of deep earth economy has once again fermented this morning. As of press time, SINOPEC SSC (01033) rose by 8.33% to 0.91 Hong Kong dollars; Shandong Molong Petroleum Machinery (00568) rose by 5.53% to 4.77 Hong Kong dollars. On the news front, the "14th Five-Year Plan" is about to unfold, and deep earth economy, as an important part of the strategic emerging industry, is becoming the focus of attention from all sides. Recently, the Ministry of Natural Resources stated that during the "14th Five-Year Plan" period, the standardization work of natural resources will focus on: accelerating the establishment of standards for new and future industries such as deep sea and deep earth. It is reported that "deep earth economy" is a collective term for economic activities and industrial chains formed around the development of deep earth resources, underground space utilization (energy storage, transportation, city facilities), core equipment manufacturing, technical services, etc.