HK Stock Market Move | SINOFERT (00297) rises more than 4%, with a focus on the potassium fertilizer company supply and demand meeting being held in Beijing to stabilize market supply and demand.

SINOFERT (00297) rose over 4%, as of the time of writing, it increased by 4.57% to HKD 1.83, with a turnover of HKD 85.3784 million. On the news front, according to a message from SINOFERT's official WeChat account, on January 27, under the guidance of relevant national departments, the China Agricultural Production Materials Circulation Association, China Phosphate Compound Fertilizer Industry Association, and China Inorganic Salt Industry Association Potash Salt Potassium Fertilizer Industry Branch, relying on the national agricultural supply guarantee platform, organized a potassium fertilizer supply and demand docking meeting for key potassium fertilizer supply companies, key compound fertilizer production companies, and key potassium sulfate production companies, in order to ensure the supply and stabilize prices during the critical spring sowing period in 2026. During the meeting, 11 key potassium fertilizer supply companies expressed their intention to actively sell to meet downstream demand, and the supply and demand sides of potassium fertilizer held on-site discussions to clarify their intentions to establish annual long-term agreements.