The Hang Seng Index opened up 94 points, Pop Mart rose over 4%, and gold-related stocks performed well with Zijin Gold International rising over 3% | Hong Kong stock market opening

Hong Kong stocks are performing well, with the Hang Seng Index opening up 94 points this morning at 26,844 points. Technology stocks are generally rising, with Alibaba (9988) up 0.6%; Tencent (700) unchanged; Meituan (3690) up 0.4%; Xiaomi (1810) and JD.com (9618) also rising 0.3% and 1% respectively, while Baidu (9888) fell 2% against the trend. In addition, gold prices remain high, and related stocks continue to perform well, with Lingbao Gold (3330) and Chifeng Gold (6693) rising over 4%; Zijin Gold International (2259) up 3.5%, and Zijin Mining (2899) also rising nearly 3%; China Silver (815) is up 2.9%. Guotai Junan International Earnings Surprise Expected to Rise by Up to 293% In individual stock news, Guotai Junan International (1788) has issued an earnings surprise, expecting a net profit of HKD 1.28 billion to 1.38 billion for the fiscal year 2025, an increase of 265% to 293% year-on-year; the stock opened at HKD 2.77, up 2.6%. Pop Mart Partners with Honor to Launch Hot Mobile Phone Pop Mart (9992) and Honor have officially launched the "Trendy Toy Phone" Honor 500 Pro Molly 20th Anniversary Limited Edition, which reportedly has seen explosive sales on online platforms, with offline stores also experiencing high demand. Pop Mart opened at HKD 229, rising over 4%. Guo Sizhi: Caution Needed When Buying Gold at High Prices Guo Sizhi, Vice Chairman of the Hong Kong Stock Analysts Association, stated that while he is optimistic about gold in the medium term, the gold market is highly speculative, and after significant price increases, a correction is inevitable. He cautioned that investors chasing gold at current levels carry risks, as a price correction could lead to a sharp drop of several hundred dollars. He advises investors to remain cautious when buying gold or other precious metals and related stocks. Regarding Hong Kong stocks, Guo Sizhi mentioned that as the index approaches a rollover and settlement, the market has favorable conditions, and he holds a relatively optimistic view on the performance of Hong Kong stocks, predicting that the Hang Seng Index will fluctuate between 26,500 and 27,200 points in the short term. However, the recent investigation of the chairman of the Central Military Commission in mainland China may bring uncertainty to Hong Kong stocks. Lu Bingjun: Hang Seng Index to Fluctuate Between 26,100 and 27,000 Independent analyst Lu Bingjun stated that the recent increase in margin requirements in mainland China has cooled the stock market, causing Hong Kong stocks to weaken. Additionally, Greenland has become a "thing of the past," and the impact of Iran is gradually being digested, suggesting that the chances of a "black swan" event affecting the index are minimal. He predicts that the Hang Seng Index will fluctuate between 26,100 and 27,000 this week, but with the Lunar New Year approaching, there is potential for capital to flow southward, which could bring favorable market conditions for Hong Kong stocks. Regarding the U.S. Federal Reserve's meeting this week and President Trump's announcement of the new Federal Reserve Chair nominee, Lu Bingjun pointed out that the Fed currently operates quite independently, and since the meeting is very close, the announcement of the new chair will not affect this meeting's outcome. He does not rule out the possibility of market speculation based on the nominee's announcement, which could lead to very short-term volatility in U.S. stocks, but has minimal impact on Hong Kong stocks. Guo Sizhi indicated that since the market has already anticipated that the federal funds rate will remain unchanged, market performance will depend on whether there are speculative themes to attract capital inflows Looking ahead to this week, in addition to the Federal Reserve's interest rate meeting, U.S. President Trump will have a public speech this week, and important data such as the U.S. January Consumer Confidence Index and China's industrial profits for the entire last year will also be released. In addition, the Hong Kong financial event, the Asian Financial Forum (AFF), kicks off today