HUZIJIN@EP2603A

Morgan Stanley Raises Zijin Mining Target Price to 59 Yuan

Zijin Mining to Acquire Allied Gold for RMB 28 Billion

JPMorgan Positive on Zijin Mining's Expansion of Copper and Gold Resources, Maintains Target Price

Morgan Stanley: Zijin Mining Plans to Acquire Allied Gold for CAD 5.5 Billion

Zijin Gold International Expanding Global Gold Investment Portfolio

Zijin Gold International Plans to Acquire Barrick Gold for CAD 5.5 Billion

Zijin Mining Plans to Acquire Allied Gold for RMB 28 Billion

Zijin Mining Plans to Acquire Barrick Gold's 100% Equity for 28 Billion CNY

Zijin Gold International to Acquire Allied Gold for About $4.02 Billion

Zijin Mining's Julong Copper Mine Phase II Project Commences Production

Zijin Mining's Julong Copper Mine Phase II Project Brought into Production, Total Production Capacity Reaches 350,000 Tons Per Day

Huatai Securities Views Favorably Zijin Mining's Earnings Forecast and Future Output Guidance

Citi Raises HSI Target to 30,000 and Adjusts Ratings for Hong Kong Stocks

Jinducity Molybdenum Plans to Buy 24% Shares from Zijin Mining

Zijin Mining and Jinsteel Molybdenum Reach Cooperation Agreement for Shipinggou Molybdenum Mine

Zijin Mining Defines the Mandate of the Nomination and Compensation Committee

Zijin Mining Uses Financial Instruments for Hedging

Citi Raises Target for Hang Seng Index to 30,000

UBS Publishes Report and Gives Golden Quarry Mining Buy Rating

Zijin Mining Sees Significant Increase in Net Profit in 2025

MAN SHUN GP

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THELLOY DEV

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TYK MEDICINES-B

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China's CSI SWS Non-Ferrous Metal Index Down Nearly 7% After Gold Price Drop

marketscreener

ZIJIN MINING

China Southern CSI SWS Non-Ferrous Metal ETF

ZHONGJIN GOLD

CHINAGOLDINTL

Zijin Mining

SD-GOLD

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Guotai CSI Non-ferrous Metal ETF

China's CSI SWS Non-Ferrous Metal Index Down Nearly 7% After Gold Price Drop

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Hong Kong-listed shares of Zijin Gold International set to open down 6%

ZIJIN GOLD INTL

Hong Kong-listed shares of Zijin Gold International set to open down 6%

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36Kr learned that the Hang Seng Index opened down 0.65%, and the Hang Seng Tech Index fell 0.88%; the non-ferrous metals sector led the decline, with CHIFENG GOLD down over 8% and ZIJIN GOLD INTL down nearly 6%; the oil and petrochemical, and electrical equipment sectors saw the largest gains, with China Gas up over 3% and TESSON HOLDINGS up over 2%

36Kr

TESSON HOLDINGS

CHIFENG GOLD

The Hang Seng Index opened down 0.65%, and the Hang Seng Tech Index fell 0.88%

GDXJ

Gold exports from Switzerland increased by 27% month-on-month in December, with shipments to the UK reaching their highest level since August 2019 at 101 metric tons. This surge follows a rise in spot gold prices, which have increased 24% in January. Notably, there were no gold deliveries to China in December, while exports to India remained stable at 1.9 tons. Overall, total gold exports from Switzerland amounted to 138,977 kg in December, up from 109,516 kg in November.

Reuters

VanEck Vectors Gold Miners UCITS ETF

VanEck Gold Miners ETF

VanEck Vectors Junior Gold Miners UCITS ETF

VanEck Junior Gold Miners ETF

SPDR Gold Shares

Gold exports from Switzerland up 27% m/m in December as deliveries to UK jump

UBS has raised its gold price target to $6,200 per ounce for March, June, and September 2026, up from a previous forecast of $5,000, due to stronger demand driven by increased investment. However, a slight decline to $5,900 is expected by the end of 2026 post-U.S. midterm elections. Spot gold prices recently peaked at $5,594.82 per ounce, reflecting a nearly 24% increase this month amid geopolitical and economic uncertainties. UBS anticipates sustained central bank buying and ETF inflows, with potential price scenarios ranging from $4,600 to $7,200 per ounce depending on market conditions.

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

iShares MSCI Global Gold Miners

GLOBAL X Gold Explorers

Us Gbl GLD & Met

Pro Ultr GLD

Kinross Gold

UBS Group AG

ICBCCS CSI SH-SZ-HK Gold Industry Equity ETF

Gold.com

Abrdn Gold ETF Trust

Agnico Eagle Mines

iShares Gold Trust

UBS raises gold target to $6,200/oz, sees slight dip by year‑end

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Goldman Sachs' latest report significantly raises the profit forecasts for Chinese mining companies. The report adjusts the overall profit expectations for covered companies from 2026 to 2027 upward by 9%-33%. Among them, Zijin Mining and CMOC have seen their profit forecasts raised by 14%-18% and 20%-24%, respectively, due to capacity expansion and progress in strategic mergers and acquisitions. Analysts point out that leading companies will benefit from both volume and price drives, and the current sector valuation remains attractive

- Goldman Sachs' global commodity research team significantly raised its price forecasts for gold and copper, predicting improved profitability for Chinese mining companies.  
- The report anticipates a 10%-16% increase in the 2026 gold price to around $4,978 per ounce and a 7% increase in copper prices to $12,200 per metric ton.  
- Headline firms are expected to benefit from both price growth and capacity expansion, with predictions of copper production increases of 9%-14% by 2026, alongside bolstered earnings forecasts.

Wallstreetcn

CMOC

Copper prices soar, are Chinese mining companies making a fortune?

Today, the three major indices of the Hong Kong stock market showed mixed performance at the close. The Hang Seng Index rose by 0.51%, reaching a new high in over four and a half years, while the Hang Seng Tech Index fell by 1.00%, and the State-Owned Enterprises Index increased by 0.42%. The internet, retail, and hardware sectors experienced fluctuations, with funds focusing on structural opportunities. WELIFE TECH saw significant gains, becoming a market hotspot. The main market funds continued to flow towards core leaders such as Tencent, Alibaba, and Xiaomi, with short-term market sentiment still influenced by macro data and external environments

- The Hong Kong stock market displayed a mixed performance, with the Hang Seng Index rising 0.51% to close at 27,968.09, marking a new high in over four years.  
- Key sectors showed uneven movement, particularly in tech and retail, reflecting cautious investor sentiment, while macroeconomic factors like forex reserves and unemployment rates continue to influence market dynamics.  
- Notably, Sunac China surged 29.13% as shareholder changes signaled capital restructuring, while Weilai Life Technology's stock jumped 83.33% due to improved profitability and revenue growth.

Market Heartbeat

CSOP HS TECH

HSTECH ETF

TENCENT

KUAISHOU-W

BIDU-SW

BABA-W

MNSO

JD-SW

XIAOMI-W

LENOVO GROUP

LONGCHEER

Sunac China

SOUTH MANGANESE

SHIMAO GROUP

PING AN

WELIFE TECH

Tianhong Hang Seng TECH ETF(QDII)

Hong Kong Stock Market Close | The Hang Seng Index hits a new high in over four and a half years! WELIFE TECH surges 83.33%, technology sector retreats

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The Hang Seng Index closed at 27,968 points, up 141 points or 0.5%. The Hang Seng Tech Index reported 5,841 points, down 59 points or 1.0%. The total market turnover was HKD 331.994 billion. Among the actively traded blue-chip stocks, Ping An rose 3.3% to a new high, while the stock prices of CCB, Hong Kong Stock Exchange, XIAOMI, TENCENT, and others increased to varying degrees; Alibaba slightly fell by 0.1%. XINYI GLASS, ZIJIN MINING, and other individual stocks performed outstandingly with active trading

AASTOCKS

FL2 CSOP HSI

ChinaAMC Hang Seng Technology ETF(QDII)

ISHARESHSTECH

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Hang Seng Index

Ping An

XINYI GLASS

According to the "All-Day Express," the Hang Seng Index closed at 27,968 points, up 141 points; the Hang Seng Tech Index closed at 5,841 points, down 59 points. Ping An rose over 3%, and Ping An, Xinyi Glass, Zijin Mining, AIA, and WH Group reached new highs with active trading

In the Hong Kong stock market, the three major indices showed divergent trends. The Hang Seng Index rose to 27,931.62 points, up 0.38%, once again setting a new high for the period. The Technology Index fell back, dropping 1.24% during the session, with a clear rotation structure among sectors. Internet content and information, hardware, and other sectors experienced fluctuations, while the retail sector generally declined, with leading company Alibaba -W down 0.69%. Stocks such as Sunac China, WELIFE TECH, and SOUTH MANGANESE showed significant movements, becoming the focus of market attention. The market's liquidity and macro expectations dominated short-term performance

- In the Hong Kong stock market, the Hang Seng Index reached a new high of 27,931.62 points, up 0.38%, while the Hang Seng Tech Index saw a decline of 1.24%.  
- Notable movements included China Fortune Land Development rising 25.24%, and Weilai Life Technology soaring 98.33%, reflecting investor optimism after strong earnings reports.  
- External funding flows and local economic indicators significantly influenced market dynamics, with unemployment and retail figures becoming focal points for investors.

LOGAN GROUP

MEGAIN

Hong Kong stock market intraday | The Hang Seng Index briefly rose above 28,000 points, the Technology Index retreated, WELIFE TECH surged 98%

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The main contract for Shanghai Copper on the Shanghai Futures Exchange broke through 110,000 yuan/ton, with an intraday increase of 8%, setting a new historical high

JIANGXI COPPER

Wanjia CSI Industry Non-Ferrous Metal Theme ETF

TNMG

JCCL

As of noon, the Hong Kong stock market showed mixed performance. The Hang Seng Index rose by 0.52%, reaching a new high for the period, indicating a warming market sentiment; the Hang Seng Tech Index slightly declined due to profit-taking. The retail sector performed weakly, with a clear divergence in the internet and hardware sectors. With the alleviation of difficulties, funds are focusing on domestic property stocks. The overall market is paying attention to changes in macroeconomic recovery and consumer resilience

- As of midday, Hong Kong's stock indices showed mixed results, with the Hang Seng Index rising 0.54% to 27,975.81 points, indicating improving market sentiment.  
- Notable stock movements included Sunac China surging 27.18% after its debt restructuring was approved, and Vaili Life Technology skyrocketing 103.33% due to a strong quarterly performance.  
- Investors are closely monitoring economic recovery trends, retail sales, and unemployment rates, with implications for market liquidity and risk appetite.

COUNTRY GARDEN

CNOOC

Tencent Holdings Limited

Hong Kong Stock Midday Review | The Hang Seng Index Hits New Highs During Trading, Property Stocks Surge, Small-Cap Stocks Active

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The Hang Seng Index closed at 27,975 points, up 148 points or 0.5%; the Hang Seng Tech Index reported 5,860 points, down 39 points or 0.7%. The National Index rose 43 points or 0.5%, reporting 9,555 points. Among the actively traded blue-chip stocks, Ping An rose 1.9%, Xiaomi rose 1.5%, China Construction Bank rose 1.5%, Tencent rose 0.4%; Alibaba fell 0.2%. Sands China fell 7.3%, Xinyi Glass, Zijin Mining, CNOOC, Henderson Land, and AIA reached new highs

SANDS CHINA LTD

The Half-Day Report: The Hang Seng Index closed at 27,975 points, up 148 points; the Hang Seng Tech Index closed at 5,860 points, down 39 points. Sands fell over 7%, while Xinyi Glass, Zijin Mining, CNOOC, Henderson Land, and AIA reached new highs

HSBC's research report raised the target prices for Zijin Mining's H shares and A shares, from HKD 43 to HKD 58 and from RMB 39.2 to RMB 51.2, respectively, while also raising the target price for Zijin Gold International from HKD 178 to HKD 269, maintaining a "Buy" rating. It is expected that copper prices will remain high in 2026, with gold prices supported by a weaker US dollar and geopolitical uncertainties. After acquiring Joint Gold, Zijin Gold International is expected to achieve an average annual compound growth rate of approximately 37% in gold production from 2025 to 2027

"Large Banks" Huayan raises Zijin Mining's target price, expects high copper and gold prices

All the best, everyone. However your portfolio is.

Featured

Trade risks and commodity volatility are back, the AI arms race is heating up, and deal activity plus meme-stock chatter are adding to market

Victor y

Total asset size ranks among the top 70% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Total Assets

Commemorative

NVIDIA

dingdongbell

Current rate of return reached top 50% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

JoanneChe

Current rate of return reached top 90% of users
Calculated based on  your Longbridge (Singapore) A/C

Total asset size ranks among the top 5% of account holders
Calculated based on  your Longbridge (Singapore) A/C

The market is a cocktail of geopolitics, AI ambition, and classic volatility today. Let's unpack the key drivers:

Seagate Tech

Unitedhealth

MAIA Biotech

GameStop

Boeing

BUSYMING

Microsoft

GraniteShares 2x Long MSFT Daily ETF

Alibaba

BABA-WR

BABA 2x Long Daily ETF - GraniteShares

🔥 Market Digest: AI Arms Race, Trade Threats & Meme Stock Revival | Jan 27, 2026

BOEING CO 6% DEP SHS RE 1/20TH PFD MAN CNV SR A

Alibaba HK SDR 5to1

Becareful of meme stocks, whenever I see it I tremble on fear.

I think previous metal has more upside!

holding precious metals for longer term

As international gold prices hit record highs, Zijin Mining, a leading global gold mining company, officially launched its Hong Kong IPO

The second largest IPO in Hong Kong this year! Zijin Gold International raised HKD 25 billion, with 29 global institutions rushing to subscribe

The US imposed a 39% tariff on imported gold bars, sparking a rally in gold stocks, with Lao Feng Xiang rising nearly 4% again. The semiconductor sector was dragged down by SMIC's Q2 net profit plunging 19%, with most stocks falling.

SMIC

SMIC HK SDR 5to1

LAOPU GOLD

SD GOLD

FORTIOR

Asymchem

ZHAOJIN MINING

HORIZONROBOT-W

HENGRUI PHARMA

Hengrui Pharma

LINGBAO GOLD

INNOSCIENCE

CE HUADA TECH

BATELAB

ZAI LAB

Zai Lab

TIGERMED

Hot Trades in Hong Kong Stocks (8.8)｜Gold Sector Rises Across the Board on Tariff Catalysts, SMIC Leads Decline by 6%

HUZIJIN@EP2603A(17874.HK)

China's CSI SWS Non-Ferrous Metal Index Down Nearly 7% After Gold Price Drop

Hong Kong-listed shares of Zijin Gold International set to open down 6%

The Hang Seng Index opened down 0.65%, and the Hang Seng Tech Index fell 0.88%

Gold exports from Switzerland up 27% m/m in December as deliveries to UK jump

UBS raises gold target to $6,200/oz, sees slight dip by year‑end