New Stock Options Launch: HKEX is set to launch six new stock option classes on January 19, 2026, enhancing choices for investors in the single stock options market.

Included Stocks: The new options will include stocks such as ZIJIN GOLD INTL, WUXI APPTEC, BEONE MEDICINES, LAOPU GOLD, HORIZONROBOT-W, and AKESO, each with varying short selling data and ratios.

Financial Performance: ZIJIN GOLD INTL announced a preliminary net profit for 2025 of US$1.5-1.6 billion, representing a year-over-year increase of 212-233%, surpassing market expectations of US$1.35 billion.

Quarterly Growth: The implied profit for Q4 2025 is projected to be between US$595-695 million, significantly higher than the US$385 million reported in Q3 2025, driven by the integration of the RG project and rising gold prices.

Gold Production: The company's gold output for 2025 is expected to reach 46.5 metric tons, an increase from 38.9 metric tons in 2024, aligning with management's forecast of approximately 47 metric tons.

Future Projections: For 2026, ZIJIN GOLD INTL has set a production target of 57 metric tons of gold, slightly above the market consensus of 56.7 metric tons.

CICC 2026 Outlook: CICC has released its stock picks for Hong Kong in 2026, highlighting companies like Tencent, Alibaba, and China Mobile, along with their short selling data and ratios.

Everbright Securities Report: Everbright Securities International also published a report in December focusing on key stocks for 2026, including Tencent, Alibaba, and Jiangxi Copper, with detailed short selling statistics.

Market Trends: Both reports indicate a significant amount of short selling activity across various stocks, suggesting cautious investor sentiment in the Hong Kong market.

Trade-in Policy Impact: Citi anticipates that a new trade-in policy will positively affect Chinese e-commerce platforms, potentially mitigating the high base impact expected in the first half of 2026.

ZIJIN Mining Profit Alert: ZIJIN MINING (02899.HK) issued a positive profit alert, estimating a net profit of RMB51-52 billion for the year, reflecting a 59-62% increase year-over-year due to higher production and sales prices of gold, copper, and silver.

Stock Performance: The stock price of ZIJIN MINING opened slightly higher and peaked at $36.76, closing at $36.74 with a trading volume of 17.1 million shares, amounting to $616 million.

ZIJIN Gold International Profit Forecast: ZIJIN GOLD INTL (02259.HK) anticipates a full-year net profit of US$1.5-1.6 billion, a significant increase of 212-233% year-over-year, driven by increased gold output and higher sales prices.

Market Activity: ZIJIN GOLD INTL's stock opened 2% higher and rose to $148.9, with a trading volume of 733,700 shares, totaling $109 million.

Stock Performance: Several Hong Kong stocks, including JLMAG, ZHAOJIN MINING, and ZIJIN MINING, experienced declines in share prices, with ZIJIN MINING dropping the most at -4.411%.

Short Selling Activity: Notable short selling activity was reported, particularly for ZHAOJIN MINING and CHALCO, with short selling ratios of 17.061% and 28.034%, respectively.

Analyst Ratings: All listed companies maintain an "Overweight" rating, indicating a positive outlook from analysts despite the recent price drops.

Market Data: The stock quotes are delayed by at least 15 minutes, and the short selling data is current as of December 16, 2025.