HK Stock Market Move | CNNC INT'L (02302) rose over 12% in the afternoon, controllable nuclear fusion is expected to see intensive catalysis in the near future.

CNNC INT'L (02302) rose more than 12% in the afternoon, rising by 12.34% to HKD 5.28 at the time of the report, with a trading volume of HKD 7.63 million. On the news front, the International Energy Agency predicts that by 2030, the global nuclear fusion market is expected to reach nearly 500 billion US dollars (3.5 trillion yuan). In addition, the Central Economic Work Conference proposed to deepen the energy conservation and carbon reduction transformation in key industries. Develop a plan for building an energy strong country, accelerate the construction of a new energy system, and expand the use of green electricity. Sinolink research report pointed out that the Hefei BEST fusion project solicited bids for over 2 billion yuan in a single month, optimistic about the acceleration of nuclear fusion bidding. According to incomplete statistics, the scale of the BEST solicitation in November is at least over 2 billion yuan, and with the Hefei BEST project entering a critical period of construction, it is optimistic about the acceleration of the BEST fusion project bidding.