HK Stock Market Move | GUOXIA TECH (02655) rose more than 4% in the morning session. The company will deepen cooperation with Sineng Electric in the energy storage field.

GUOXIA TECH (02655) rose more than 4% in early trading, up 4.24% to HK$57.75 as of the time of writing, with a turnover of HK$16.5354 million. On the news front, recently, Sineng Electric and GUOXIA TECH signed a strategic cooperation agreement at Sineng Electric's headquarters. According to the agreement, the two parties will further leverage their respective strengths on the basis of past cooperation, deepen cooperation in market development and project promotion in the energy storage field, jointly enhance their global brand influence, and promote the transformation of the global energy structure towards a greener and more sustainable direction. It is worth noting that the list of stocks eligible for the Hong Kong Stock Connect is about to undergo a new round of adjustments. The results of this adjustment are expected to be announced on February 20 and will officially take effect on March 9. Industrial released a research report stating that it is expected that 48 Hong Kong stocks will be included in the Hong Kong Stock Connect range in this adjustment. GUOXIA TECH is expected to be included in the Hong Kong Stock Connect list.