Agriculture

First Tractor Co., Ltd. wins multiple awards for investor relations and ESG practices

First Tractor plans to invest about 300 million yuan in 2 projects

First Tractor Co. Held the Third Extraordinary General Meeting in 2025

Food and Beverage Industry Sees Increased R&D Investment and Significant Profit Growth

Goldman Sachs Gives First Tractor a Buy Rating

Goldman Sachs Maintains Hold Rating on China Xinlian Chemical Fertilizer with a Target Price of HKD 8.50

Xinlianxin Fertilizer Shares Rise, Projected Urea Production Costs to Drop

Sinochem Fertilizer Holdings Announces Phosphogypsum Backfill Utilization Project Contract

Leo Lau 增持 China National Chemical Fertilizer 股份

China Xinlianxin Fertilizer repurchased 378,000 shares for about HKD 2.7784 million

CIB Remains Bullish on WH Group's Performance and Prospects

Citi Raises 2025 Earnings Forecast for WH Group and Maintains Buy Rating

Shuanghui Development reports growth in the first nine months

First 拖 Share 2025 Q3 Report Shows Revenue and Net Profit Decline

Wanzhou International Reports 9-Months Financial Results Ending September 30, 2025

FIRST TRACTOR released FY2025 9 Months earnings on October 28 Pre-Market BJT, actual revenue HKD 10.51 B, actual EPS HKD 0.957

FIRST TRACTOR released FY2025 Q3 earnings on October 28 Pre-Market BJT, actual revenue HKD 3.033 B, actual EPS HKD 0.219

China Xinlianxin Chemical Announces Q3 2025 Earnings and Impact Analysis

FIRST TRACTOR FY2025 Q3 Earnings Release on October 28, 2025 Pre-Market BJT

WH GROUP to Release FY2025 Q3 Earnings on October 28 After-Market (BJT), Forecast Revenue HKD 52.81 B

KANGQIAO SER

REDCO HEALTHY

HUSCOKE HLDGS

THELLOY DEV

MINIEYE

HANG TAI YUE GP

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MATRIX HOLDINGS

FINSOFT FIN

ZJ UNITED INV

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Asian Citrus Holdings announced that all resolutions at its AGM on December 19, 2025, were approved by substantial majorities. Shareholders endorsed financial statements, director re-elections, auditor re-appointment, and share issuance mandates, showing strong support for governance and financial management. The stock has a Hold rating with a HK$2.00 price target. The company operates in the agricultural sector and is listed on the Hong Kong Stock Exchange.

Tip Ranks

ASIAN CITRUS

Asian Citrus Wins Strong Shareholder Backing for All AGM Resolutions

Asian Citrus Holdings Ltd. held its annual general meeting on 19 December 2025. Shareholders approved the adoption of the audited consolidated financial statements and the reports of the directors and independent auditor for the year ended 30 June 2025. The re-election of James Francis Bittl, Liu Ruiqiang, and Zhuang Canbin as directors was also approved.

Reuters

Asian Citrus Holdings Ltd. Held Annual General Meeting

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Sinofert Holdings Limited conducted a special general meeting on December 19, 2025, where the resolution proposed was approved by the Independent Shareholders. This information was originally published by Sinofert Holdings Limited via the Hong Kong Stock Exchange's Issuer Information Service.

SINOFERT

Sinofert Holdings Limited Held Special General Meeting

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First Tractor Company Limited (YTO) has received multiple awards for its investor relations and ESG practices, including the “Investor Relations Golden Bull Award” and “Best IR in Hong Kong Stocks.” In ESG, it won the “Third Guoxin Cup·ESG Excellent Golden Bull Award in Central Enterprise,” “Best ESG Pioneer Award,” and “Best ESG Practice Award.” The company publishes ESG reports detailing its environmental, social, and governance activities.

FIRST TRACTOR

First Tractor

First Tractor Company Limited Wins Multiple ESG Awards

First Tractor Co. held its 2025 third extraordinary general meeting on December 16, 2025, where all proposed resolutions were passed. The meeting included the re-election and appointment of directors, and decisions on directors’ remunerations. Shareholders representing 54.78% of the company’s voting shares participated. The latest analyst rating on the stock is a Buy with a HK$10.00 price target.

First Tractor Co. Announces Successful EGM with Key Resolutions Passed

First Tractor Co. has announced the composition of its board of directors, detailing roles for executive, non-executive, independent non-executive, and employee representative directors. Members are assigned to Strategy, Investment and Sustainable Development, Nomination, Remuneration, and Audit committees. This structured governance approach aims to enhance strategic decision-making and operational oversight. The latest analyst rating for the stock (HK:0038) is a Buy with a HK$10.00 price target.

First Tractor Co. Announces Board Composition and Committee Roles

Sinofert Unit Signs 2026 IT Services Deal With Sinochem Digital Intelligence

marketscreener

Sinofert Unit Signs 2026 IT Services Deal With Sinochem Digital Intelligence

Sinofert Holdings announced a new IT Business Services Framework Agreement with Sinochem Digital Intelligence, effective in 2026, to enhance IT infrastructure. This agreement covers system operation, maintenance, and software procurement, classified as continuing connected transactions. Sinofert aims to boost operational efficiency and competitiveness. The stock is rated a Buy with a HK$1.50 target, showing a 31.76% YTD price performance and a strong buy technical sentiment.

Sinofert Holdings Secures IT Services Agreement for 2026

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JOINN(06127) rose 19.75%, with a trading turnover 524.6 Million HKD, and a year-to-date rose 127.7%. CHINA STAR ENT(00326) rose 14.36%, with a trading turnover 21.7 Million HKD, and a year-to-date rose 314%. DONGFANG ELEC(01072) rose 13.59%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 168.9%.

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Top 10 HK Stock Gainers (12.12)

Goldman Sachs has given First Tractor a "Buy" rating for the first time, with a target price of HKD 14. Goldman Sachs believes that the company is well-positioned in the transformation of agricultural modernization in China, expecting market share to concentrate towards industry leaders, with EBIT profit margins doubling over the next five years and the proportion of export revenue to double by 2030. Goldman Sachs anticipates that the tractor downturn cycle will end in 2026, becoming a major catalyst in the near term

AASTOCKS

Goldman Sachs first gives First Tractor a "Buy" rating, expecting to benefit from agricultural modernization transformation

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Goldman Sachs analyst initiated coverage with a Hold rating on China XLX Fertiliser Ltd. and set a price target of HK$8.50. The company's shares closed at HK$8.29. The analyst consensus is Hold, with a price target consensus of HK$8.50.

CHINA XLX FERT

China XLX Fertiliser Ltd. (1866) Receives a Hold from Goldman Sachs

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INNOGEN-B(02591) rose 19.15%, with a trading turnover 231.9 Million HKD, and a year-to-date rose 105.1%. CHINA VANKE(02202) rose 13.17%, with a trading turnover 1.2 Billion HKD, and a year-to-date fell 28.5%. JACOBIO-B(01167) rose 11.42%, with a trading turnover 98.2 Million HKD, and a year-to-date rose 591.3%.

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WH GROUP(00288) rose 5.01%, with a trading turnover 668.8 Million HKD, and a year-to-date rose 74.8%. ZIJIN GOLD INTL(02259) rose 4.38%, with a trading turnover 610.6 Million HKD, and a year-to-date rose 99.6%. CM BANK(03968) fell 3.08%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 33.3%. CMSC(06099) fell 3%, with a trading turnover 269.7 Million HKD, and a year-to-date fell 10.2%.

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Top 5 HK Stock Gainers/Losers (>100B) (12.10)

As of noon, the main indices of the Hong Kong stock market have collectively retreated, with the Hang Seng Index, Technology Index, and National Enterprises Index all experiencing slight declines, indicating a clear market wait-and-see sentiment. The sector differentiation pattern is prominent, with leading companies in retail, technology, and communication equipment showing mixed performance. YOFC rose against the trend, while the pharmaceutical, gold, and agricultural machinery sectors were partially active, with funds shifting towards second-tier themes. Retail sales year-on-year rose to 5.3%, improving domestic demand and boosting confidence, but the sustainability of the recovery remains to be observed. The overall market turnover is concentrated in internet and technology manufacturing giants, with some small and mid-cap stocks showing significant gains, and the market's hotspots are switching rapidly

- As of midday, Hong Kong's main indices showed a collective decline, with the Hang Seng Index down 0.43% at 25,325.05 points.  
- Retail sales increased by 5.3% year-on-year, indicating improved domestic demand, which supports investor confidence in consumption recovery.  
- Notable stock movements included Silver Noble Pharma rising 17.97% and Longi Green Energy increasing 62.67%, reflecting active trading and speculative interest in the market.

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Hong Kong Stock Mid-Review | Three major indices adjusted, YOFC led the intraday gains, with second-line sectors such as pharmaceuticals and gold active