STOCKS | Helium Concept Stocks Surge in China Amid Supply Concerns

Helium-related stocks in China continue to rise sharply, with Jin Hong Gas increasing by over 17%, Guang Gang Gas by more than 14%, and Hua Te Gas by over 12%. Shui Fa Gas hit its daily limit, while other stocks such as Zhong Tai Shares, Jiu Feng Energy, He Yuan Gas, and Shu Dao Equipment also saw gains. According to Jin10, China Securities stated that the short- to medium-term supply from Qatar is unlikely to recover, and the uncertainty surrounding the authorization period for Russia's helium export controls is expected to exacerbate the tight supply situation in the helium market. Helium prices are anticipated to continue their upward trend.