Shandong Molong (00568) rose more than 5%. As of the time of writing, the stock was up 5.37%, trading at HK$4.51, with a turnover of HK$599 million. On the news front, on the evening of January 28, Shandong Molong issued an announcement forecasting a net profit turnaround for the period from January 1, 2025, to December 31, 2025. Net profit attributable to shareholders of the listed company is projected to be between RMB 4 million and RMB 6 million, representing a year-on-year increase of 109.15% to 113.73%. However, net profit after deducting non-recurring gains and losses is expected to show a loss ranging from RMB 28.5 million to RMB 25 million, a decrease of 90.85% to 91.97% year-on-year. Notably, according to a report, the U.S. President stated on social media on January 28 that a large fleet is heading to Iran and is prepared to swiftly fulfill its mission. He also expressed hope that Iran would quickly come to the negotiating table. This move has heightened market concerns that geopolitical risks in the Middle East could disrupt oil supplies.