Hong Kong Stock Movement | Shandong Molong (00568) Surges Over 7%, A-Shares Hit Upper Limit Amid "Deep Earth Economy" Focus

Stock News10-21

Shandong Molong (00568) has seen its stock price rise by over 7%, with the company's A-shares hitting the daily upper limit today. As of now, the stock has increased by 7.67% to HKD 4.49, with a trading volume of HKD 1.066 billion. Recently, the Ministry of Natural Resources announced that during the 14th Five-Year Plan period, the focus of natural resources standardization will be on accelerating the standardization of emerging and future industries, such as deep sea and deep earth. It is reported that the "deep earth economy" encompasses the economic activities and industrial chains formed around the development of deep earth resources and the utilization of deep space, including areas such as deep earth resource exploration (oil and gas, minerals), underground space construction (energy storage, transportation, urban facilities), core equipment manufacturing, and technical services.

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