HK Stock Market Move | Shandong Molong Petroleum Machinery's A-shares rise in the afternoon, while its H-shares jumped over 9% at one point.

Shandong Molong Petroleum Machinery (00568) rose more than 9% in the afternoon, with an increase of 8.12% to HK$4.13 by the time of writing, with a trading volume of HK$239 million. On the news front, Middle East geopolitical risks have disrupted oil and gas stocks. According to reports, on February 5, local time in the United States, the U.S. State Department issued a security warning through the "Virtual Embassy in Tehran, Iran," stating that Iran has been continuously strengthening security control nationwide, and the situation remains tense. The U.S. urges American citizens to leave Iran as soon as possible on their own and to formulate departure plans that do not rely on U.S. government assistance. If unable to leave temporarily, individuals should take precautions, stock up on necessary supplies, avoid demonstrations, and maintain a low profile. In addition, around 10:00 AM local time in Oman today (February 6), Iran and the United States will hold nuclear talks in the capital city of Oman.