JPZIJIN@EP2603A(17851.HK)

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JPZIJIN@EP2603A
17851.HK
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UBS raises gold target to $6,200/oz, sees slight dip by year‑end

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.

Reuters·
SH
601899
+2.72%
Reuters·
SH
601899
+2.72%

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

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

Wallstreetcn·
SH
561330
+1.30%
SH
603993
+0.56%
HK
02899
+3.08%
Wallstreetcn·
SH
561330
+1.30%
SH
603993
+0.56%
HK
02899
+3.08%

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

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

Market Heartbeat·
HK
02899
+3.08%
Market Heartbeat·
HK
02899
+3.08%

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

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·
HK
00868
+7.39%
HK
02899
+3.08%
AASTOCKS·
HK
00868
+7.39%
HK
02899
+3.08%

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

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

Market Heartbeat·
HK
02899
+3.08%
Market Heartbeat·
HK
02899
+3.08%
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