Citi Raises Target Price for JIANGXI COPPER (00358.HK) to $54.1, Maintains Buy Rating
Profitability Outlook: Despite a projected decline in processing fees and rising sulfuric acid prices, JIANGXI COPPER's copper smelting business is expected to remain profitable according to Citi Research.
Acquisition Impact: The successful acquisition of Solgold is anticipated to drive long-term profit growth starting from 2028.
Target Price Increase: Citi Research has raised its target price for JIANGXI COPPER's H-shares from $39.8 to $54.1, maintaining a Buy rating based on discounted cash flow and fair PB ratio valuation.
Market Activity: As of February 12, 2026, JIANGXI COPPER has reported significant short selling activity amounting to $33.76 million, with a short selling ratio of 5.418%.
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HSI Rises by 175 Points; HSBC HOLDINGS Jumps Over 5% After Earnings Report; AI Large Model Stocks Decline
Market Performance: The HSI closed up 175 points (0.7%) at 26,765, while the HSCEI rose 26 points (0.3%) to 9,034; however, the HSTECH fell by 10 points (0.2%) to 5,260, with a total market turnover of HKD236.765 billion.
HSBC Holdings Results: HSBC Holdings saw a 5.5% increase in stock price to HKD142.7, despite a 7% year-on-year drop in reported profit before tax for 2025, while Standard Chartered's stock fell 2.2% due to concerns over expense growth.
Commodity and Tech Stocks: Commodity stocks like Zhaojin Mining and China Gold International performed well, with gains of 3% and 4.5%, respectively, while tech stocks showed mixed results, with JD-SW and Meituan-W gaining slightly, while several AI-related stocks experienced significant declines.
Short Selling Trends: Short selling activity was notable across various sectors, with HSBC and JD-SW having high short selling ratios, while AI stocks like Knowledge Atlas and Minimax-WP faced substantial drops in their stock prices.
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HSBC Results: HSBC Holdings reported a 7.4% year-on-year decline in profit before tax to USD29.907 billion, with its stock price down 0.3% at HKD134.9, while declaring a quarterly dividend of USD0.45.
Commodity Stocks Surge: Several commodity stocks, including ZHAOJIN MINING and ZIJIN GOLD INTL, saw significant gains of over 2%, with CHINAGOLDINTL spiking 3.2%.
Consumer Sector Growth: Consumer stocks advanced, highlighted by MAOYAN ENT's forecast of RMB540 million profit, and notable increases in sportswear and catering stocks, with HAIDILAO jumping 5.8%.
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Tech and E-commerce Stocks: Major tech and e-commerce stocks like TECHTRONIC IND, SHENZHOU INTL, BABA-W, and JD-SW saw notable increases, with gains ranging from 3.5% to 5.7%.
Commodity Stocks Surge: A decline in the USD led to a rise in commodity stocks, with ZIJIN MINING and other gold-related stocks experiencing gains of 5.3% to 6.8%.
AI and Robotics Stocks Decline: AI model stocks faced significant losses, particularly KNOWLEDGE ATLAS, which dropped 22.8%, while robotics stocks also saw declines.
HSI Gains 605 Points at Midday; Exporter, Tech, and Commodity Stocks Surge While AI and Robotics Stocks Decline
Market Performance: The HSI rose 605 points (2.3%) to 27,019, with significant gains in the HSCEI and HSTECH, reflecting a total half-day turnover of HKD106.45 billion.
Top Gainers: Notable stock increases included TECHTRONIC IND (+3.8%), SHENZHOU INTL (+4.1%), and various mobile component and pharma stocks, with Q TECH leading at +6.3%.
Commodity Stocks Surge: A decline in the USD led to substantial gains in commodity stocks, with SD GOLD and ZHAOJIN MINING both rising over 5%, alongside other mining companies.
Tech Sector Highlights: Major tech stocks like TENCENT and MEITUAN-W saw increases of 3.2% and 6.9%, respectively, while AI model stocks faced declines, particularly KNOWLEDGE ATLAS, which dropped over 21%.
HSI Rises 385 Points; Technology, Export, and Resource Stocks Surge While AI Model Stocks Decline
US Supreme Court Decision: The US Supreme Court dismissed Donald Trump's reciprocal tariffs, resulting in a surge in e-commerce stocks on the Hong Kong market.
Hong Kong Market Performance: The Hong Kong bourse opened significantly higher, with the HSI rising 1.5% and various tech stocks, including Alibaba and JD.com, also showing gains.
Sector Highlights: E-commerce and technology stocks experienced notable increases, while AI model stocks like Knowledge Atlas faced declines due to recent issues.
Commodity and Resource Stocks: Commodity prices rose, leading to higher openings for related stocks, including those in the mining sector, which saw significant gains.
HSI Closes 465 Points Lower; AIA and Stanchart Drop 4%; Commodity Stocks Decline
Market Overview: The DJIA fell 1.3% as tech stocks were sold off, leading to a similar decline in the Hong Kong stock market, where the HSI ended down 1.7% at 26,567.
Financial Sector Performance: Major financial stocks like HSBC and HKEX dropped by 2.7% and 2.1%, respectively, while Bank of East Asia plunged 11% after reporting a significant profit drop and dividend cut.
Commodity and Gold Prices: Gold prices fell below USD 5,000/oz, impacting gold mining stocks, which saw declines of 5.9-7.6%. Oil prices also dropped nearly 3%, affecting major oil companies.
Tech Sector Decline: The tech sector experienced minor declines, with Tencent and Alibaba seeing drops of around 0.7% to 2.0%, while other tech stocks like Meituan and Baidu fell over 3%.
HSI Rises by 175 Points; HSBC HOLDINGS Jumps Over 5% After Earnings Report; AI Large Model Stocks Decline
Market Performance: The HSI closed up 175 points (0.7%) at 26,765, while the HSCEI rose 26 points (0.3%) to 9,034; however, the HSTECH fell by 10 points (0.2%) to 5,260, with a total market turnover of HKD236.765 billion.
HSBC Holdings Results: HSBC Holdings saw a 5.5% increase in stock price to HKD142.7, despite a 7% year-on-year drop in reported profit before tax for 2025, while Standard Chartered's stock fell 2.2% due to concerns over expense growth.
Commodity and Tech Stocks: Commodity stocks like Zhaojin Mining and China Gold International performed well, with gains of 3% and 4.5%, respectively, while tech stocks showed mixed results, with JD-SW and Meituan-W gaining slightly, while several AI-related stocks experienced significant declines.
Short Selling Trends: Short selling activity was notable across various sectors, with HSBC and JD-SW having high short selling ratios, while AI stocks like Knowledge Atlas and Minimax-WP faced substantial drops in their stock prices.
HSI Rises 199 Points at Midday; Surge in Commodity and Chinese Property Stocks; Broad Increase in Consumer Stocks
Market Performance: Hong Kong stocks rose in early trading, with the HSI up 199 points (0.8%) to 26,789, and total market turnover reaching HKD122.273 billion.
HSBC Results: HSBC Holdings reported a 7.4% year-on-year decline in profit before tax to USD29.907 billion, with its stock price down 0.3% at HKD134.9, while declaring a quarterly dividend of USD0.45.
Commodity Stocks Surge: Several commodity stocks, including ZHAOJIN MINING and ZIJIN GOLD INTL, saw significant gains of over 2%, with CHINAGOLDINTL spiking 3.2%.
Consumer Sector Growth: Consumer stocks advanced, highlighted by MAOYAN ENT's forecast of RMB540 million profit, and notable increases in sportswear and catering stocks, with HAIDILAO jumping 5.8%.
HSI Rises by 668 Points; Gains in Tech, Exporter, Commodity, and Auto Stocks, While AI Stocks Decline
Market Performance: The HSI closed up 668 points (2.5%) at 27,081, with significant gains in the HSCEI and HSTECH, reflecting a total market turnover of HKD172.963 billion.
Tech and E-commerce Stocks: Major tech and e-commerce stocks like TECHTRONIC IND, SHENZHOU INTL, BABA-W, and JD-SW saw notable increases, with gains ranging from 3.5% to 5.7%.
Commodity Stocks Surge: A decline in the USD led to a rise in commodity stocks, with ZIJIN MINING and other gold-related stocks experiencing gains of 5.3% to 6.8%.
AI and Robotics Stocks Decline: AI model stocks faced significant losses, particularly KNOWLEDGE ATLAS, which dropped 22.8%, while robotics stocks also saw declines.
HSI Gains 605 Points at Midday; Exporter, Tech, and Commodity Stocks Surge While AI and Robotics Stocks Decline
Market Performance: The HSI rose 605 points (2.3%) to 27,019, with significant gains in the HSCEI and HSTECH, reflecting a total half-day turnover of HKD106.45 billion.
Top Gainers: Notable stock increases included TECHTRONIC IND (+3.8%), SHENZHOU INTL (+4.1%), and various mobile component and pharma stocks, with Q TECH leading at +6.3%.
Commodity Stocks Surge: A decline in the USD led to substantial gains in commodity stocks, with SD GOLD and ZHAOJIN MINING both rising over 5%, alongside other mining companies.
Tech Sector Highlights: Major tech stocks like TENCENT and MEITUAN-W saw increases of 3.2% and 6.9%, respectively, while AI model stocks faced declines, particularly KNOWLEDGE ATLAS, which dropped over 21%.
HSI Rises 385 Points; Technology, Export, and Resource Stocks Surge While AI Model Stocks Decline
US Supreme Court Decision: The US Supreme Court dismissed Donald Trump's reciprocal tariffs, resulting in a surge in e-commerce stocks on the Hong Kong market.
Hong Kong Market Performance: The Hong Kong bourse opened significantly higher, with the HSI rising 1.5% and various tech stocks, including Alibaba and JD.com, also showing gains.
Sector Highlights: E-commerce and technology stocks experienced notable increases, while AI model stocks like Knowledge Atlas faced declines due to recent issues.
Commodity and Resource Stocks: Commodity prices rose, leading to higher openings for related stocks, including those in the mining sector, which saw significant gains.
HSI Closes 465 Points Lower; AIA and Stanchart Drop 4%; Commodity Stocks Decline
Market Overview: The DJIA fell 1.3% as tech stocks were sold off, leading to a similar decline in the Hong Kong stock market, where the HSI ended down 1.7% at 26,567.
Financial Sector Performance: Major financial stocks like HSBC and HKEX dropped by 2.7% and 2.1%, respectively, while Bank of East Asia plunged 11% after reporting a significant profit drop and dividend cut.
Commodity and Gold Prices: Gold prices fell below USD 5,000/oz, impacting gold mining stocks, which saw declines of 5.9-7.6%. Oil prices also dropped nearly 3%, affecting major oil companies.
Tech Sector Decline: The tech sector experienced minor declines, with Tencent and Alibaba seeing drops of around 0.7% to 2.0%, while other tech stocks like Meituan and Baidu fell over 3%.
