Nonferrous Metals

Shandong Gold Increases Investment in Shanjin International to Promote Osino Gold Project

Shandong Gold Provides $250 Million Guaranteed Loan for Wholly-Owned Subsidiary

JPMorgan Cuts Holdings in Ganfeng Lithium

Ganfeng Lithium Provides Guarantees for Subsidiaries

JPMorgan Analyst Maintains Sell Rating on Jiangxi Copper

JPMorgan Cuts Long Position in Ganfeng Lithium H Shares

ZHAOGOLD's Hong Kong Subsidiary Donates HKD 3 Million to Support Ma Po Hong Fu Garden Fire Victims

HSBC Research Publishes Monthly Commodity Report, Predicts Positive Outlook for Base Metals and Gold

Nanchang Zhu Gan New Energy Co., Ltd. Is Established With A Registered Capital Of 20 Million Yuan

Ganfeng Lithium Achieves Scale Production of Battery-Grade Lithium Sulfide and Stable Supply to Downstream Customers

Morgan Chase Upgrades Outlook for Copper Prices and Related Stocks

Rusal Approves 2026 Energy Transaction Cap at Extraordinary Shareholders' Meeting

CHALCO to Hold Extraordinary General Meeting to Discuss Acquisition of Minority Stake

First shipment of iron ore from Senguelba project in which China Aluminum Group participates successfully dispatched

Bolutech and its affiliates and investors increase capital in Bolu Intelligent

Bolerton's Controlling Shareholder Chen Fangming Increases Shareholding

Xizang Shimoke Subsidiary Invests 500 Million RMB in Boyu New Wisdom New Industry Fund

BlackRock Reduces Long Position in Ganfeng Lithium

Rusal Announces Redemption of BO-001P-03 Series Exchange Traded Bonds

Lingbao Gold Completes Issuance of 1.166 Billion Yuan Zero-Coupon Convertible Bonds and Lists on Vienna Stock Exchange

CCIAM FUTURE EN

LEMO SERVICES

CHINASINOSTAR

ZHONGJIA GX RTS

DOUMOB

GRACEWINE

ARTGO HOLDINGS

JX ENERGY

TIANYU SEMI

TONGDA HONG TAI

600547

01787

SD GOLD announced that its holding subsidiary Shanjin International has increased its capital by 1.4 billion RMB to its wholly-owned subsidiary Hainan Shengwei Trading to promote the project construction of Osino Gold Mining and Exploration (Pty) Ltd

AASTOCKS

SD-GOLD

SD GOLD

Shandong Gold increased its capital by 1.4 billion RMB to its wholly-owned subsidiary Hainan Shengwei

01772

002460

HKEX: JPMORGAN CHASE & CO'S LONG POSITION IN H SHARES OF GANFENG LITHIUM DECREASES TO 5.14% ON DEC 3 FROM 5.87%

Reuters

JPMorgan Chase

GANFENGLITHIUM

Ganfeng Lithium

JPMorgan Chase's Long Position In H Shares Of Ganfeng Lithium Decreases To 5.14%, HKEX Says

HKEX:BLACKROCK'S LONG POSITION IN H SHARES OF GANFENG LITHIUM DECREASES TO 5.11% ON DEC 2 FROM 6.68%

BlackRock's Long Position In H Shares Of Ganfeng Lithium Decreases To 5.11%, HKEX Says

02539

02658

09890

02592

01729

06616

02506

01660

06166

LEMO SERVICES(02539) rose 47.86%, with a trading turnover 35.7 Million HKD, and a year-to-date rose 112%. TIANYU SEMI(02658) rose 27.65%, with a trading turnover 126.8 Million HKD, and a year-to-date fell 10.9%. TANWAN(09890) rose 11.63%, with a trading turnover 134.3 Million HKD, and a year-to-date rose 98.6%.

Top Gainers & Losers

TANWAN

CLOUDBREAK-B

TIME INTERCON

GLOBAL NEW MAT

XUNFEIHEALTH

SEVEN ELEMENTS

Top 10 HK Stock Gainers (12.8)

06886

01347

09888

03750

09992

01801

06181

01898

02259

GANFENGLITHIUM(01772) rose 6.95%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 157.1%. HTSC(06886) rose 5.17%, with a trading turnover 472.8 Million HKD, and a year-to-date rose 54%. POP MART(09992) fell 8.49%, with a trading turnover 5.7 Billion HKD, and a year-to-date rose 125.8%. INNOVENT BIO(01801) fell 6.96%, with a trading turnover 4.6 Billion HKD, and a year-to-date rose 133.9%.

- The Hang Seng Index fell by 1.23%, with a year-to-date increase of 28.4%, while the Hang Seng Tech Index remained unchanged, up 26.7% for the year.  
- Ganfeng Lithium (01772) rose by 6.95% with a trading volume of 1.15 billion HKD, marking a year-to-date increase of 157.1%.  
- Huatai Securities (06886) increased by 5.17%, while Pop Mart (09992) and Innovent Biologics (01801) saw declines of 8.49% and 6.96%, respectively, despite significant year-to-date gains.  

HTSC

HUA HONG SEMI

BIDU-SW

CATL

POP MART

INNOVENT BIO

LAOPU GOLD

CHINA COAL

ZIJIN GOLD INTL

Top 5 HK Stock Gainers/Losers (>100B) (12.8)

002295

002578

603876

000737

300697

600362

00358

The A-share non-ferrous sector experienced unusual movements in the closing minutes, with JINGYI INC. and Minfa Aluminium both hitting the daily limit up, while Dingsheng New Materials, North Copper, JIANGYIN ELECTRICAL ALLOY, and JIANGXI COPPER saw significant gains

Wallstreetcn

JINGYI INC.

Minfa Aluminium

Dingsheng New Materials

North Copper

JIANGYIN ELECTRICAL ALLOY

JCCL

JIANGXI COPPER

J.P. Morgan analyst Avery Chan maintained a Sell rating for Jiangxi Copper Company, setting a price target of HK$28.00. The company's shares closed at HK$33.66. Chan, a 4-star analyst, has an average return of 15.3% and a 60.61% success rate. The analyst consensus on Jiangxi Copper Company is a Moderate Buy with an average price target of $4.70.

Tip Ranks

J.P. Morgan Sticks to Their Sell Rating for Jiangxi Copper Company (JIAXF)

JPMorgan Chase & Co's long position in H-shares of Ganfeng Lithium decreased on Dec. 2 - HKEX

marketscreener

JPMorgan Chase & Co's long position in H-shares of Ganfeng Lithium decreased on Dec. 2 - HKEX

BIDU

The Hang Seng Index closed up 149 points at 26,085 points, with trading volume rising to HKD 210.4 billion. Technology stocks rebounded, with Baidu soaring 8% due to rumors of an AI chip business IPO. Jiangxi Copper rose 6.1%, and other non-ferrous metal stocks like Zijin Mining performed well. Xiaomi, Meituan, and other technology stocks also saw increases

- The Hang Seng Index closed at 26,085 points, up 149 points, marking a return above the 26,000 level after two days, with a trading volume of 210.4 billion HKD.  
- The index saw a weekly gain of 226 points or 0.9%, supported by rebounds in technology stocks, while major blue-chip performers included Zijin Mining and China Hongqiao.  
- Market analysts suggest that expectations of a U.S. interest rate cut and mixed economic data from China are influencing the Hong Kong stock market's recent fluctuations.

Stheadline

Baidu

The Hang Seng Index rose by 149 points, Baidu surged by 8%, and JCCL increased by 6%. Experts: Funds lack momentum as they close early｜Hong Kong stock market closing

601600

02600

01025

01458

02306

36Kr learned that the Hang Seng Index rose by 0.58%, and the Hang Seng Tech Index increased by 0.84%; the non-ferrous metals, media, and durable consumer goods sectors led the gains, with CHALCO rising over 5%, YH ENT rising over 4%, and POP MART rising over 1%; the textile and apparel, semiconductor, and food sectors weakened, with KNT HOLDINGS falling over 7%, TianYue Advanced falling over 5%, and ZHOU HEI YA falling over 3%; southbound funds had a net purchase of HKD 1.341 billion

36Kr

CHALCO

KNT HOLDINGS

ZHOU HEI YA

YH ENT

The Hang Seng Index closed up 0.58%, and the Hang Seng Tech Index rose 0.84%

601899

02899

The Hang Seng Index fell 63 points in the half-day session, with resource stocks performing strongly; Jiangxi Copper rose 5.35%, and Zijin Mining rose 2.34%. Technology stocks showed mixed performance, with Tencent down 0.81% and JD.com up 0.17%. Shenzhou International was downgraded by a brokerage, resulting in a 4.12% drop in its stock price. Both Yujian Xiaomian and Tianyu Semiconductor debuted today, with their stock prices down 27.2% and 24.96% respectively compared to their offering prices. The three major U.S. stock indices closed steady on Thursday, with the S&P 500 and Nasdaq rising for three consecutive days

Zijin Mining

ZIJIN MINING

The Hang Seng Index fell 63 points in the half-day session, resource stocks surged, Jiangxi Copper rose by 5%, and Zijin Mining increased by 2.3% | Hong Kong stock market opens

02689

01378

HSBC Research released a report providing investment ratings and target prices for commodity stocks. Luoyang Molybdenum Company has a hold rating with a target price of HKD 7.6; China Hongqiao has a buy rating with a target price of HKD 37.4; Aluminum Corporation of China has a buy rating with a target price of HKD 12.3; Jiangxi Copper has a hold rating with a target price of HKD 13; Minmetals Resources has a hold rating with a target price of HKD 3.2; Zijin Mining has a buy rating with a target price of HKD 43; China Nonferrous Mining has a hold rating with a target price of HKD 14.1; Ganfeng Lithium has a buy rating with a target price of HKD 54; Tianqi Lithium has a hold rating with a target price of HKD 49; Ansteel has a hold rating with a target price of HKD 2.1; Maanshan Iron & Steel has a hold rating with a target price of HKD 2.7; Asia Cement has a hold rating with a target price of HKD 2.4; Conch Cement has a buy rating with a target price of HKD 28.7; China Resources Cement Technology has a buy rating with a target price of HKD 2.5; Xinyi Glass has a hold rating with a target price of HKD 7.7; Fuyao Glass has a buy rating with a target price of HKD 91.2; Lee & Man Paper has a hold rating with a target price of HKD 2.4; ND PAPER has a buy rating with a target price of HKD 7.8; Zhaojin Mining has a buy rating with a target price of HKD 37.1; SD-GOLD has a buy rating with a target price of HKD 47; Zijin Gold International has a buy rating with a target price of HKD 178

ND PAPER

CHINAHONGQIAO

HSBC Research's Investment Ratings and Target Prices for Commodity Stocks (Table)

As international gold prices hit record highs, Zijin Mining, a leading global gold mining company, officially launched its Hong Kong IPO

The second largest IPO in Hong Kong this year! Zijin Gold International raised HKD 25 billion, with 29 global institutions rushing to subscribe

The US imposed a 39% tariff on imported gold bars, sparking a rally in gold stocks, with Lao Feng Xiang rising nearly 4% again. The semiconductor sector was dragged down by SMIC's Q2 net profit plunging 19%, with most stocks falling.

SMIC

SMIC HK SDR 5to1

FORTIOR

Asymchem

ZHAOJIN MINING

HORIZONROBOT-W

HENGRUI PHARMA

Hengrui Pharma

LINGBAO GOLD

INNOSCIENCE

CE HUADA TECH

BATELAB

ZAI LAB

Zai Lab

TIGERMED

Tigermed

FRONTAGE

CHIFENG GOLD

TONGGUAN GOLD

CHI SILVER GP

Hua Hong

Hot Trades in Hong Kong Stocks (8.8)｜Gold Sector Rises Across the Board on Tariff Catalysts, SMIC Leads Decline by 6%

Safe-haven gold and domestic semiconductors rise as dual main themes! Comprehensive analysis of the two hot sectors in Hong Kong stocks

Semiconductor

Direxion Semicon Bear 3X

Direxion Semicon Bull 3X

iShares Semiconductor ETF

CHINAGOLDINTL

NVIDIA

Hot Trades in Hong Kong Stocks (8.4)｜ Semiconductor and Gold Stocks Perform Strongly, Innoscience Surges Over 25%

$Gold(20082.HK)fastre

Gold

REGINA MIRACLE

CGN POWER