HK Stock Market Move | Hydrogen stocks continue to rise, Hydrogen policy unprecedentedly clear, Overseas supply chain announces production expansion.

Hydrogen concept stocks continued their recent uptrend, with JINGCHENG MAC (00187) rising 15.29% to HKD 4.75, CIMC ENRIC (03899) rising 4.42% to HKD 12.28, and Shanghai Electric Group (02727) rising 2.64% to HKD 4.27 as of the time of writing. On the news front, on January 30th, the National Energy Administration held a press conference. Sinolink pointed out that hydrogen energy was mentioned 33 times by senior officials, becoming a core keyword. The press conference systematically summarized the "orderly breakthrough" of the hydrogen energy industry from planning to pilot projects and standard construction during the "14th Five-Year Plan" period, setting the tone for the "15th Five-Year Plan": hydrogen energy will be clearly defined as "an important part of the future national energy system" and a "new economic growth point" that must be nurtured. In addition, the overseas hydrogen energy supply chain announced expansion, and BE system's production capacity may exceed expectations. BE's core supplier MTAR announced expansion during its 25-year performance conference call, with production capacity increasing to 12,000 units in 26/27, compared to 8,000 units in 25, representing a 50/150% growth. BE's financial report conference call guidance may exceed expectations, bringing opportunities in the industry chain.