HK Stock Market Move | Shandong Molong Petroleum Machinery (00568) surged over 6% in the afternoon as reports indicated that multiple energy facilities in Saudi Arabia were attacked and set on fire.

Shandong Molong Petroleum Machinery (00568) surged over 6% in the afternoon. As of the time of writing, it rose 6.51% to HK$5.07, with a transaction volume of HK$199 million. In news, according to a statement from the Saudi Ministry of Energy on September 8, multiple energy and public facilities in the country were attacked by the Yemeni Houthi forces, resulting in fires at several locations and temporary operational disruptions for some facilities. The Saudi Ministry of Energy stated that it is working to ensure the safety of the facilities, the well-being of personnel, and the continuity of operations. On September 8, Houthi spokesman Yahya Saree announced that the Houthi forces would soon declare the launch of "extensive military operations deep inside Saudi territory." Earlier today, the Saudi-led coalition in Yemen stated that the Houthi forces attacked civilian and economic facilities in Abha, Khamis Mushait, Najran, and Jizan, injuring 73 people. The coalition vowed to respond decisively to the Houthi attacks.