Specialized Consumer Services

SHANGSHAN GOLD

Yellow Shanzhan Huang Shikun Sells Company Stocks

SHANGSHAN GOLD released FY2026 Q1 earnings on November 27, 2025 (BJT), actual revenue HKD 38.24 M, actual EPS HKD 0.0004

ShangShan Gold Reports 139.8% Increase in Six-Month Revenue

SHANGSHAN GOLD released FY2026 Semi-Annual Earnings on November 27 During-Market (BJT), actual revenue HKD 76.47 M, actual EPS HKD 0.0008

SHANGSHAN GOLD released FY2026 Q2 earnings on November 27 During-Market (BJT), actual revenue HKD 38.24 M, actual EPS HKD 0.0004

SHANGSHAN GOLD FY2026 Semi-Annual Earnings Release on November 27, 2025 (BJT)

Shangshan Gold Completes Placement and Focuses on Global Channel Layout

ShangShan Gold Expected to Turn Profit with a Net Profit of About 400,000 HKD in Mid-Year

Shangshang Gold International Holdings to Hold Board Meeting for Interim Results

ShangShan Gold Completes Sale of 11.88 Million Shares

Shangshan Gold Intends to Sell up to 37.8254 Million Shares

Shangshangold International Holdings Announces Private Placement of Up to 37,825,421 New Shares

ShangShan Tech Reaches Trademark Licensing Agreement with JinHui Holdings to Expand Gold Business

Tokyo Central Auction Holding Proposes Name Change

TOKYO CHUO released FY2025 9 Months Earnings on June 30 (BJT), actual revenue HKD 46.97 M, actual EPS HKD -0.0206

TOKYO CHUO released FY2025 Q3 earnings on June 30 (BJT), actual revenue HKD 15.08 M, actual EPS HKD -0.0183

Tokyo Central Auctions Reports Revenue Growth and Reduced Losses for FY 2025

TOKYO CHUO released FY2025 Annual Earnings on June 30 After-Market (BJT), actual revenue HKD 62.05 M, actual EPS HKD -0.0389

TOKYO CHUO released FY2025 Q4 earnings on June 30 After-Market (BJT), actual revenue HKD 15.08 M, actual EPS HKD -0.0183

ESSA Financial Group Increases Holdings in Tokyo Central Auction Shares

CH DEMETER FIN

FAMEGLOW

LUEN THAI

NEW GONOW RV

REF HOLDINGS

PARADISE ENT

WEBX HOLDING

HAICHANG HLDG

BEST FOOD HLDG

INTELLIMARK W27

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The market overview of Hong Kong stocks in the past hour shows significant fluctuations in market sentiment, with a strong divergence in capital flows. Technology stocks and pharmaceutical stocks have become hotspots for capital chasing, especially the strong performance of ILUVATAR COREX and Jingwei TianDi, which has attracted considerable attention from short-term funds. Meanwhile, gold-related stocks such as SHANGSHAN GOLD have encountered sharp declines, indicating a weakening preference for safe-haven assets in the market. Overall, the short-term enthusiasm is rapidly switching between the technology and pharmaceutical sectors, with large fluctuations and active investor sentiment. 

The most notable stock in the past hour is ILUVATAR COREX, which has performed impressively, with an increase of 21.61%. Under strong market demand, the pace of its stock price has clearly accelerated, attracting a large influx of short-term funds. The strong rebound of this stock seems to have invigorated the entire technology sector, creating a positive driving effect. 

Strong stocks:
1. Jingwei TianDi: up 20.27%, with increased market attention on its technological innovations and noticeable capital inflow.
2. Haixi New Drug: up 13.47%, performing outstandingly in the pharmaceutical sector, with heightened market expectations for its new products.
3. ILUVATAR COREX: up 21.61%, with active participation from short-term funds driving its stock price up rapidly and boosting market sentiment.
4. Other technology stocks are also being driven, showing overall active performance and enhanced capital liquidity.

Stocks under pressure:
1. SHANGSHAN GOLD: down 25.00%, as the market's demand for gold as a safe haven weakens, leading to a significant decline in its stock price

HK Stock Alerts

ILUVATAR COREX

WELLCELL HOLD

QUALI-SMART

FENGYINHE

QIANHAI HEALTH

HAIXI PHARMA

YOFC

Hong Kong Stock Movement Update: ILUVATAR COREX surges 21.61%, SHANGSHAN GOLD plummets 25%

In the past hour, the Hong Kong stock market has shown a clear divergence, with technology stocks and emerging industry sectors performing particularly well. The strong rise of ILUVATAR COREX has attracted a significant inflow of funds, boosting the activity of the entire technology sector. Meanwhile, gold-related stocks such as SHANGSHAN GOLD have faced considerable selling pressure, reflecting fluctuations in market sentiment. Short-term enthusiasm has significantly increased among technology stocks, with capital preferences seemingly shifting towards high-growth companies, resulting in a faster overall pace and increased volatility. In the past hour, the stock with the largest movement, ILUVATAR COREX, rose by 16.98%, drawing strong attention in the market. The stock's rise was accompanied by a significant increase in trading volume, indicating active capital involvement and heightened short-term sentiment, suggesting optimistic expectations for its future development. Strong stocks: 1. Zhongke Group Holdings: up 15.56%, with recent market attention on its technological innovations and noticeable capital inflow. 2. Haina Intelligent: up 10.48%, with its layout in the smart technology field sparking investor enthusiasm and continuous short-term capital inflow. 3. Biran Technology: up 10.03%, as market recognition of its products increases, the stock price shows a strong upward momentum. Under pressure stocks: 1. SHANGSHAN GOLD: down 15.91%, as the market's demand for gold as a safe haven weakens, leading to significant pressure on the stock and accelerated capital outflow

ZHONGKE GROUP

HAINA INTEL

BIREN TECH

Hong Kong Stock Movement Express: ILUVATAR COREX rises nearly 17%, SHANGSHAN GOLD falls over 15% attracting attention

SHANGSHAN GOLD surged 25.45%; Meili Tianyuan Medical Health fell 1.90%, with a transaction volume of HKD 2.57 million; Automobile Street rose 5.41%, with a transaction volume of HKD 2.04 million; KEEP fell 1.35%, with a transaction volume of HKD 678,600; Liangqing Holdings rose 4.42%, with a market value of HKD 4.832 billion

Hong Kong Stock Movement: SHANGSHAN GOLD surged 25.45%, with clear capital flow. What risks are hidden behind the high market sentiment?

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As of noon, the main indices of the Hong Kong stock market showed divergence, with the semiconductor sector leading the market, and stocks like HUA HONG SEMI and GUOXIA TECH experiencing significant price increases. There is a clear gathering of funds in the technology growth direction, and sector rotation is driving structural opportunities. Amid fluctuations in the external macro environment, investors prefer high-growth sectors

- As of midday, Hong Kong's main indices showed a mixed performance, with the Hang Seng Index at 25,862.61 points, down 0.20%.  
- The semiconductor sector surged due to rising AI demand, with major stocks like Hua Hong Semiconductor and SMIC seeing significant gains, while overall market liquidity fluctuated, influenced by external economic conditions.  
- Notable stock movements included Guoxian Technology rising 18.93% and Puda Technology increasing 32.53%, highlighting investor interest in technology amidst short-term volatility.

LB Select

GUOXIA TECH

PRODUCTIVE TECH

HUA HONG SEMI

PATEO

Hong Kong Stock Midday Review | Hang Seng Index slightly down, Technology Index fluctuates, Semiconductor sector surges, GUOXIA TECH rises over 18% during the session

GOAU

GDXJ

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GOEX

03330

RING

Lingbao Gold Completes Equity Subscription to Gain Control of Target Company

Tip Ranks

Us Gbl GLD & Met

VanEck Junior Gold Miners ETF

GT GOLD

GLOBAL X Gold Explorers

LINGBAO GOLD

iShares MSCI Global Gold Miners

VanEck Gold Miners ETF

iShares Gold Trust

Lingbao Gold Completes Equity Subscription to Gain Control of Target Company

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Nomura has lowered the target price for LAOPU GOLD to 1,114 yuan due to valuation impacts from gold price fluctuations. Despite the company's performance last year and the first quarter of this year exceeding expectations, Nomura remains confident in growth for 2026, anticipating that new products, store upgrades, and expansion of high-end customers will drive growth. The firm has raised its revenue and profit forecasts for 2026 and 2027 by 12% to 14% and 23% to 24%, respectively, but has reduced the target price-to-earnings ratio from 30 times to 22.5 times, maintaining a "Buy" rating

AASTOCKS

Huaan Yifu Gold ETF

LAOPU GOLD

MaxWealth CSI SH-SZ-HK Gold Industry Equity ETF

SD-GOLD

SD GOLD

Nomura lowers LAOPU GOLD's target price to 1,114 yuan, with valuation affected by gold price fluctuations

Pop Mart and Laopu Gold are projected to achieve triple-digit growth despite a slowdown in China's consumer spending. This growth is fueled by demand for Labubu dolls and gold jewelry, although the initial surge is waning. Investors are concerned about sustainability as Pop Mart introduces new characters and Laopu benefits from gold demand. In contrast, Xiaomi faces revenue challenges, Haidilao's strategy remains unchanged, and Anta Sports may reflect losses from Puma. Sinopec suspends fuel exports amid geopolitical tensions, while Innovent Biologics is set to report its first annual profit.

GuruFocus

Pop Mart, Laopu Set for Triple-Digit Growth as China Consumption Slows

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Lingbao Gold Group's shares surged over 400% in the past year, making 25-year-old Wang Guanran a billionaire with a net worth of at least $1.2 billion. Wang controls a 31% stake in the company, which has expanded internationally by acquiring stakes in St Barbara Mining and Titan Minerals. Despite this growth, Lingbao produces less than 10 tons of gold annually, significantly less than industry leader Zijin Mining. Wang, who studied at George Washington University, became chairman of the family business at 20 and has been involved in metals investments since returning during the pandemic.

ZHONGJIN GOLD

Zijin Mining

Gold.com

ZIJIN MINING

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

EFUND GOLD MI ETF

EFUND GOLD MI-U

EFUND GOLD MI-R

ChinaAMC Gold ETF

Lingbao Gold Jumps 400% in a Year, Creates $1.2B Fortune for 25-Year-Old Heir

CICC analyst maintained a Buy rating on Laopu Gold Co. Ltd. Class H yesterday and set a price target of HK$1,079.06.Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Laopu Gold Co. Ltd. Class H has an analyst consensus of Strong Buy, with a price target consensus of HK$965.05.

New Buy Rating for Laopu Gold Co. Ltd. Class H (6181), the Basic Materials Giant

SHANGSHAN GOLD(01939.HK)

Hong Kong Stock Movement Update: ILUVATAR COREX surges 21.61%, SHANGSHAN GOLD plummets 25%

Hong Kong Stock Movement Express: ILUVATAR COREX rises nearly 17%, SHANGSHAN GOLD falls over 15% attracting attention

Hong Kong Stock Movement: SHANGSHAN GOLD surged 25.45%, with clear capital flow. What risks are hidden behind the high market sentiment?

Hong Kong Stock Midday Review | Hang Seng Index slightly down, Technology Index fluctuates, Semiconductor sector surges, GUOXIA TECH rises over 18% during the session

Lingbao Gold Completes Equity Subscription to Gain Control of Target Company

Nomura lowers LAOPU GOLD's target price to 1,114 yuan, with valuation affected by gold price fluctuations

Pop Mart, Laopu Set for Triple-Digit Growth as China Consumption Slows

Lingbao Gold Jumps 400% in a Year, Creates $1.2B Fortune for 25-Year-Old Heir

New Buy Rating for Laopu Gold Co. Ltd. Class H (6181), the Basic Materials Giant