HK Stock Market Move | Partial hydrogen energy concept stocks defy the market and rise. GUOFUHEE (02582) and REFIRE (02570) both surged more than 14%.

Some hydrogen energy concept stocks rose against the market, as of the time of publication, GUOFUHEE (02582) rose by 14.37% to HK$45.36; REFIRE (02570) rose by 14.01% to HK$59; CIMC ENRIC (03899) rose by 1.5% to HK$12.16. On the news front, the Ministry of Industry and Information Technology held a party group meeting earlier this month, clearly stating that it will leverage the advantages of the new national system to promote breakthroughs in hydrogen energy and other key areas. Changjiang pointed out that hydrogen energy was ranked fourth alongside other market hotspots in the party group meeting of the Ministry of Industry and Information Technology, reflecting the high level of attention paid to hydrogen energy at the top level; and emphasized the need to carry out large-scale demonstrations of the application of new manufacturing technologies, products, and scenarios in order to accelerate the maturity of cutting-edge technologies through large-scale open applications. The bank believes that the hydrogen energy industry is moving from reducing costs through technology to reducing costs through scale, and the policy background is conducive to and supportive of the expansion of the hydrogen energy industry, which is worth paying attention to.