Nuclear power stocks rise, as of press time,$CNNC INT'L (02302.HK)$up 19.32%, trading at HKD 7.35;$CGN MINING (01164.HK)$up 9.50%, trading at HKD 3.92.
In terms of developments, the International Atomic Energy Fusion Energy Conference (FEC2025) will be held in Chengdu from October 13 to 18. Founder Securities noted that catalysts in the fusion industry have become significantly more frequent compared to July-August. The International Atomic Energy Fusion Energy Conference may announce major national and international advances. Moreover, the domestic BEST project is expected to initiate its second round of intensive bidding in Q4 (including high-value products such as the first wall, divertor, and power supply), and other fusion devices are also expected to commence operations. Significant progress includes the entry of major players and the ignition of overseas facilities. The second wave of opportunities in the fusion sector this year is anticipated to begin.
