HK Stock Market Move | CHINA RISUN GP (01907) rose more than 4% in intra-day trading as chemical prices increased due to the escalating conflict between the US and Iran. The coal chemical industry is expected to see improved profitability opportunities.

CHINA RISUN GP(01907) rose more than 4% in mid-day trading, as of the time of writing, it rose by 3.75% to HK$2.77, with a transaction amount of HK$32.664 million. On the news front, due to the continued Middle East geopolitical crisis driving a significant rise in international crude oil prices, prices for chemical products have also seen a synchronous large increase. Founder believes that with the current surge in chemical prices, prices of chemical products have risen rapidly after the US-Iran conflict, with most prices rising by over 30%, including methanol rising by over 36% to an increase of 893 yuan per ton. The sharp increase in chemical prices will bring growth to the company's chemical industry, and it is expected that 2026 will be a year of significant growth in Xuyang Group's chemical industry performance. CHINA RISUN GP is given a "strong recommendation" rating. It is worth noting that on May 4th, Xuyang Group announced that the 50,000 tons/year caprolactam to hexamethylene diamine production line in Yuncheng Park was successfully connected and produced qualified products in one go. By directly producing hexamethylene diamine from caprolactam, it breaks the long-term foreign monopoly on hexamethylene diamine technology (hexamethylene diamine is a key raw material for the production of nylon 66 intermediary hexamethylene diamine, considered to be the "throat" of the nylon industry chain), and it has made a breakthrough in "bottleneck" technology.