JP-CNMC@EC2608A

UNI HEALTH

QUANTGROUP

NANFANG COMM

KINTOR PHARMA-B

ILUVATAR COREX

PUTIAN COMM

ZIJING INTL FIN

AE LOGISTICS

JST GROUP

XL2CSOPHYNIX

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06088

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MONGOL MINING(00975) fell 17.66%, with a trading turnover 303.5 Million HKD, and a year-to-date rose 11.5%. ONEROBOTICS(06600) fell 13.69%, with a trading turnover 110.9 Million HKD, and a year-to-date rose 111%. FIT HON TENG(06088) fell 12.4%, with a trading turnover 506.7 Million HKD, and a year-to-date rose 11.3%.

Top Gainers & Losers

MONGOL MINING

ONEROBOTICS

FIT HON TENG

RIDGE OUTDOOR

BANK OF E ASIA

JIAXIN INTL RES

TME-SW

DRINDA

YOFC

CHINFMINING

Top 10 HK Stock Losers (2.13)

159881

02899

516650

03636

Shanghai copper climbs on China's plan to expand strategic reserves

marketscreener

Guotai CSI Non-ferrous Metal ETF

ZIJIN MINING

Wanjia CSI Industry Non-Ferrous Metal Theme ETF

JCCL

TNMG

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

JINCHUAN INTL

JINXUN RESOURCE

GTJA Allianz SSE Bulk Commodity ETF

JIANGXI COPPER

Shanghai copper climbs on China's plan to expand strategic reserves

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The registered capital of Inner Mongolia Geological and Mineral Group Co., Ltd. has increased from 538 million yuan to 10 billion yuan, an increase of approximately 1759%. The company was established in 2007, with Jia Qingdong as the legal representative. Its business scope includes investment operation and management, as well as mining rights operation. Recently, there have also been changes in several senior executives

36Kr

Penghua Guozheng Non-ferrous Metal Industry ETF

CDAYENONFER

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Yinhua CSI Non-ferrous Metal ETF

GF CSI Rare Metals Theme ETF

Hwabao WP CSI Non-ferrous Metal ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Inner Mongolia Geological and Mineral Group's registered capital increased to 10 billion yuan

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JINXUN RESOURCE(03636) fell 14.55%, with a trading turnover 75.3 Million HKD, and a year-to-date rose 43.3%. CHIFENG GOLD(06693) fell 14.38%, with a trading turnover 946.8 Million HKD, and a year-to-date rose 34.1%. SD GOLD(01787) fell 14.31%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 27.9%.

CHIFENG GOLD

SD GOLD

GR LIFE STYLE

GT GOLD

CHINA HANKING

GANFENGLITHIUM

ZIJIN GOLD INTL

LOGAN GROUP

Top 10 HK Stock Losers (1.30)

517520

600916

China Gold International Resources Corp. Ltd. has issued its 2026 annual production guidance after achieving record net profits in 2025. The company plans to maintain steady progress at its Jiama and CSH mines, focusing on developing underground resources and enhancing resource utilization. The audited financial results for 2025 are expected by the end of March 2026. This news is generated by Public Technologies and should not be considered financial advice.

Reuters

MaxWealth CSI SH-SZ-HK Gold Industry Equity ETF

China Gold

CHINAGOLDINTL

China Gold International Resources Issues 2026 Annual Production Guidance

China Nonferrous Mining (1258.HK) performed actively in the early trading session today, with major funds frequently lifting prices. Under the conditions of rising volume and price, the short-term volatility window may be accelerating. From a technical perspective, the daily MACD has clearly formed a golden cross, with volume continuing to expand. The 5-day moving average below has formed solid support, reinforcing the bullish arrangement structure. Driven by fundamentals, the recent heat in the non-ferrous metal sector has increased, with prices of copper, zinc, and lead rebounding, leading to a valuation recovery in the sector. 

In the market, several rounds of price increases in the early session were accompanied by large orders from major funds, with a temporary increase in turnover rate, and active participation from retail and quantitative funds. The trading activity has increased, with rapid price fluctuations mainly driven by sector rotation and capital games. The funding side reflects a rise in market divergence, with some profit-taking funds exiting, while medium- to long-term funds are taking advantage of the adjustments to buy at lower prices, resulting in a significant increase in short-term volatility. 

The industry logic is mainly influenced by upstream resource prices and the recovery of global demand. China Nonferrous Mining has gained major attention due to its stable production capacity and low-cost advantages, but the short-term market is greatly affected by macro fluctuations, requiring observation of industry news dynamics to gauge future directions. Additionally, recent fluctuations in the US dollar index and abnormal commodity prices have also impacted the inflow and outflow of funds in this sector. 

In terms of operations, it is recommended to closely monitor intraday anomalies and changes in major holdings. After a short-term lift by major funds, it is not advisable to blindly chase high prices. If intraday volume and market activity remain active, it may be appropriate to follow, but if a sudden pullback occurs, stop-loss measures should be set

Technical Forecast

Morning Trend | China Nonferrous Mining Main Force Frequently Rises, Is a Volatility Window Approaching?

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China Molybdenum Co. Ltd. has completed a $1.2 billion issuance of zero coupon guaranteed convertible bonds due 2027. The offering, finalized on January 26, 2026, will allocate approximately 40% of the net proceeds for expansion and sustaining capital for overseas mining assets, and 60% for enhancing trade working capital and general corporate purposes. The bonds are listed on the Vienna MTF of the Vienna Stock Exchange.

CMOC

China Molybdenum Completes $1.2 Billion Zero-Coupon Convertible Bond Issue

China Nonferrous Mining (1258.HK) recorded three consecutive daily gains, but recently there have been frequent capital movements during trading hours, with market sentiment shifting from a unified bullish stance to increasing divergence. The MACD formed a golden cross during the week, with bulls taking the initiative in the short term, but yesterday there was a divergence between volume and price, indicating clear signs of main capital's pressure during trading, and some high-position short-term funds concentrated on cashing out. After a continuous rise in K-line, an upper shadow appeared, indicating that chasing high funds are under pressure, and the pressure to give back gains is increasing. 

From an industry perspective, the current nonferrous metal market is still dominated by fluctuations in international base metal prices. Upstream mining companies are frequently adjusting prices in the futures market for copper, zinc, lead, etc., and under the stimulation of news, the pace of main capital has accelerated. China Nonferrous Mining's profitability has marginally improved in the past two quarters, and operating cash flow has turned positive, but there is pressure from high valuations, and capital is skeptical about the sustainability of the trend. This week, market rotation has accelerated, and the leading stocks in the nonferrous sector have shown significant short-term differentiation, requiring attention to the high-low switching and rotation rhythm of capital. 

Operational advice: After three consecutive daily gains, technical analysts should pay attention to the gains and losses of the 5-day moving average; if it breaks below, consider taking profits and strictly control the risk of chasing highs in the short term. Fundamental investors should focus on the actual impact of metal price trends on performance and avoid blindly following short-term hotspots. Overall, after the main capital's movements, market chasing high divergence has intensified, and caution is needed against high-level pullbacks

Morning Trend | After three consecutive gains, CHINFMINING shows unusual activity from the main force, caution is needed for chasing high prices

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The National Development and Reform Commission encourages large alumina and copper smelting enterprises to implement mergers and reorganizations to enhance industry competitiveness. Jiangxi Copper's stock price soared by over 10%, while the stock prices of CHALCO and CHINFMINING also rose

AASTOCKS

CHALCO

The National Development and Reform Commission encourages large alumina and copper smelting enterprises to implement mergers and reorganizations, Jiangxi Copper surges over 10%

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STECH

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36Kr learned that the Hang Seng Index opened up 0.43%, and the Hang Seng TECH Index rose 0.88%; the non-ferrous metals, automotive, and semiconductor sectors led the gains, with Shanghai Fudan rising over 12%, CHINFMINING and XPeng rising over 5%, and LEAPMOTOR rising over 4%; the household goods, hardware equipment, and environmental protection sectors weakened, with Shangmei Co., Ltd. falling over 7%, and Xiaomi Group and Dongjiang Environmental falling over 1%

LEAPMOTOR

Hang Seng TECH Index

FMSH

SHANGHAI FUDAN

The Hang Seng Index opened up 0.43%, and the Hang Seng TECH Index rose 0.88%

CHINFMINING increased its stake in Kazakhstan's SM Minerals to 70% for USD 89 million. SM Minerals owns the Binkala project, which plans to start construction in 2027 and begin production in 2029, with an annual output of copper concentrate containing approximately 45,000 tons of copper

CHINFMINING increased its stake in SM Minerals for a consideration of USD 89 million

CHINFMINING announced that its subsidiary, China Nonferrous Africa Mining, has completed all repair work on the auxiliary shaft of the Qianbixi Southeast ore body, which has been under remediation since September of this year, and is currently implementing repairs on the main shaft. It is expected that all repair work will be completed by mid-December this year, during which the Qianbixi Southeast ore body will temporarily suspend production. Therefore, the company has adjusted its production plan for the entire year of 2025, reducing the copper output from its own mines from 160,000 tons to 140,000 tons

CHINFMINING's Qianbixi Southeast Mine temporarily suspends production, copper production guidance lowered by 20,000 tons

Zhitong Finance APP news, CHINFMINING announced that Mr. Tan Yaoyu has resigned as a non-executive director and a member of the audit committee of the board of directors due to other business commitments, effective October 28, 2025. The board is pleased to announce the appointment of Mr. Chen Zhijiang as a non-executive director and a member of the audit committee, effective from October 28, 2025

Zhitong

CHINFMINING appoints Chen Zhijiang as a non-executive director

CHINFMINING's stock price rose by more than 3%, with an increase of 3.12% as of the time of publication, trading at HKD 14.53, with a transaction volume of HKD 136 million. The company expects to achieve a profit attributable to owners of approximately USD 356 million for the nine months ending September 30, 2025, representing a year-on-year increase of about 13%. This is mainly driven by the rise in international copper prices and an increase in the production and sales volume of cathode copper

Understanding the Market | CHINFMINING rose over 3%, estimated that the profit attributable to the company's owners in the first three quarters increased by approximately 13% year-on-year

JP-CNMC@EC2608A(26752.HK)

Top 10 HK Stock Losers (2.13)

Shanghai copper climbs on China's plan to expand strategic reserves

Inner Mongolia Geological and Mineral Group's registered capital increased to 10 billion yuan

Top 10 HK Stock Losers (1.30)

China Gold International Resources Issues 2026 Annual Production Guidance