HK Stock Market Move | Shandong Molong Petroleum Machinery (00568) rose over 5%. The oil and gas "14th Five-Year" plan has been officially issued. The US-Iran situation remains deadlocked, and oil prices have risen back above $90.

Shandong Molong Petroleum Machinery (00568) rose over 5%, and as of the time of writing, it has increased by 4.65%, trading at HKD 5.065, with a turnover of HKD 103 million. In terms of news, on August 17, the National Development and Reform Commission and the National Energy Administration officially issued the "14th Five-Year Plan for Oil and Gas Development," which anchors the two core tasks of ensuring energy security and promoting green, low-carbon development. It sets quantitative targets of achieving a domestic oil and gas supply of 440 million tons of oil equivalent by 2030, adding 20,000 kilometers of long-distance oil and gas pipelines, and injecting 10 million tons of carbon dioxide annually through CCS/CCUS, aiming to establish a modern oil and gas industry system characterized by "self-sufficiency, efficient networks, flexible reserves, green and low-carbon technologies, breakthroughs, and diversified cooperation." Additionally, the temporary ceasefire agreement signed between the U.S. and Iran in June expired on Monday, with U.S. President Trump stating that he would not extend the agreement. A senior Iranian official indicated that if diplomatic efforts do not lead to a permanent arrangement, Iran will adopt a "comprehensive offensive" military posture and prepare to act against the U.S. naval blockade. According to media reports, the U.S. is maintaining communication with the Iranian Revolutionary Guard through intermediaries. The conflict has disrupted tanker transportation, with Brent crude currently priced at over $91 per barrel.