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Understanding the Market | Hydrogen concept stocks surged during trading, SINOHYTEC once rose over 84%. The hydrogen and fuel cell industry will enter a period of rapid growth

Zhitong
Sep 18, 2025 at 02:58 AM
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Hydrogen concept stocks surged during trading. As of the time of publication, SINOHYTEC rose 51.13% to HKD 36; REFIRE increased 27.96% to HKD 212.8; JINGCHENG MAC climbed 15.32% to HKD 5.58; and Guofu Hydrogen rose 11.71% to HKD 62. In terms of news, the 10th International Hydrogen and Fuel Cell Equipment Technology Exhibition will be held in Beijing from September 18 to 20. Additionally, recently, multiple cities including Beijing, Chongqing, and Wuhan have introduced policies to support the development of the hydrogen energy industry, competing to layout the hydrogen energy sector and accelerating the development and application of related industries to seize new opportunities in the hydrogen energy market. Changcheng Securities stated that given the continuous favorable policies for hydrogen energy in China, the hydrogen energy industry will continue to develop. Guojin Securities believes that 2025 will be a settlement point for the medium- and long-term planning of hydrogen energy, and the hydrogen and fuel cell industry will enter a period of rapid growth, with the implementation of fuel cell vehicles and green hydrogen projects accelerating. Hydrogen energy and fuel cell manufacturing are currently the two main lines, and continuous attention is recommended

According to Zhitong Finance APP, hydrogen energy concept stocks surged during trading. As of the time of publication, SINOHYTEC (02402) rose by 51.13%, trading at HKD 36; REFIRE (02570) increased by 27.96%, trading at HKD 212.8; JINGCHENG MAC (00187) climbed by 15.32%, trading at HKD 5.58; and Guofu Hydrogen Energy (02582) rose by 11.71%, trading at HKD 62.

On the news front, the 10th International Hydrogen and Fuel Cell Equipment Technology Exhibition will be held in Beijing from September 18 to 20. In addition, recently, multiple cities including Beijing, Chongqing, and Wuhan have introduced policies to support the development of the hydrogen energy industry, competing to layout the hydrogen energy industry and accelerating the development and application of related industries to seize new opportunities in the hydrogen energy sector.

Great Wall Securities stated that given the continuous favorable policies for hydrogen energy in China, the hydrogen energy industry is developing steadily. Guojin Securities believes that 2025 will be a settlement point for the medium- and long-term planning of hydrogen energy, and the hydrogen energy and fuel cell industry will enter a period of rapid growth, with the implementation of fuel cell vehicles and green hydrogen projects accelerating. Hydrogen energy and fuel cell manufacturing are currently the two main lines, and continuous attention is recommended

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