HK Stocks Close (09.03) | Hang Seng Index Falls 0.39%; Non-ferrous Metals and Shipping Stocks Rise; Hutchmed (00013) Surges Over 14% in Afternoon Trading
Hong Kong stocks opened higher but slid lower, with the three major indices closing down. In the afternoon, widening losses in technology and internet stocks weighed on the broader market. At the close, the Hang Seng Index fell 0.39%, or 97.9 points, to 25,213.31.
Hong Kong Stocks Midday Review | Hang Seng Index Rises 0.02% in Morning Session; Gold Stocks Generally Advance
Gold stocks generally rose. The U.S. ADP employment figure missed expectations, dampening rate hike bets, while renewed rumors of Japanese intervention weighed on the dollar.
HK Stock Market Watch | Nickel stocks rise broadly in early trading; Indonesia's largest nickel industrial park may cut output by up to 40%; institutions bullish on the sector's medium- to long-term allocation value
Nickel stocks rose broadly in early trading. As of press time, Xinjiang Xinxin Mining (03833) was up 6.49% at HK$2.05, and Lygend Resources (02245) gained 4.39% to HK$18.31.
XINXIN MINING: Interim Report 2026
Xinjiang Xinxin Mining (03833.HK): Wu Ning appointed as Joint Company Secretary
Gelonghui, August 26 | Xinjiang Xinxin Mining Industry Co., Ltd. (03833.HK) announced that Wu Ning has resigned as Joint Company Secretary of the company due to personal work adjustments, effective August 26, 2026. Li Zhenzhen has been appointed as Joint Company Secretary, effective August 26, 2026.
Hong Kong Stocks Midday Review | Hang Seng Index Falls 2.09% in Morning Session; Alibaba's Share Placement Leads Decline in Blue Chips
Lithium stocks rose against the market trend. Lithium carbonate surged nearly 4% intraday, as downstream recovery drew market attention to the resumption of production at Jianxiawo.
HK Stocks Move | Xinjiang Xinxin Mining Industry (03833) surges over 8% as H1 net profit attributable to shareholders jumps 2.48 times year-on-year, boosted by rising prices of electrolytic nickel and cathode copper
Xinjiang Xinxin Mining (03833) rose more than 8%. As of press time, the stock was up 8.27% to HK$2.16, with a turnover of HK$9.1323 million.
Xinjiang Xinxin Mining Industry (03833) announced its interim results, with net profit attributable to shareholders of the parent company reaching RMB 249 million, a year-on-year increase of 248.13%.
Xinjiang Xinxin Mining Industry (03833) announced its interim results for the six months ended June 30, 2026. The Group recorded revenue of approximately RMB 1.266 billion, a year-on-year increase of 13.22%; net profit amounted to RMB 245 million, up 261.06% year-on-year; among this, net profit attributable to equity shareholders of the parent company was RMB 249 million, representing a year-on-year increase of 248.13%; basic earnings per share stood at RMB 0.113.
XINXIN MINING: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2026
XINXIN MINING: NOTICE OF BOARD MEETING
DRC's Strict Controls on Copper and Cobalt Exports Reshape Global Supply Dynamics: Spot Tightness Persists, Opening Upward Window for Cobalt Prices in Q3
Given that the Democratic Republic of the Congo supplies approximately 70% of the world's cobalt and is the second-largest holder of global copper reserves, any policy change constitutes a critical variable in the reshaping of global supply chains.
Hong Kong Market Close (07.24) | Hang Seng Index Down 0.98%; Tech and Nonferrous Metals Under Pressure Throughout the Day; Hong Kong Banking Stocks Rise Against the Trend
All three major Hong Kong stock indices declined today. The Hang Seng Index opened lower and remained weak throughout the session, with technology and internet stocks broadly falling; the Hang Seng Tech Index at one point dropped more than 2%.
Hong Kong Stock Market Midday Commentary | Hang Seng Index Down 1.27% at Midday; Hong Kong Local Banking Sector Rises Against the Trend
Escalating conflict in the Middle East has driven up oil prices, fueling inflation concerns and reigniting expectations of a rate hike by the U.S. Federal Reserve this year. Banks' net interest margins are expected to improve, prompting Hong Kong-listed bank stocks to rally against the broader market trend this morning.
HK Market Movers | Xinjiang Xinxin Mining (03833) Rises Nearly 7% Again as Electrolytic Nickel and Cathode Copper Prices Increase; H1 Net Profit Expected to Surge Nearly 2.6-Fold
Xinjiang Xinxin Mining (03833.HK) rose nearly 7% again. As of the time of writing, it was up 5.11% at HK$1.85, with a trading volume of HK$4.9381 million.
Profit Warning: Xinjiang Xinxin Mining (03833.HK) expects its interim net profit to surge 2.59-fold year-on-year.
Xinjiang Xinxin Mining Industry Company Limited (HKEX: 03833) has issued a profit alert, expecting consolidated revenue of approximately RMB 1.266 billion for the six months ended 30 June this year, representing an increase of approximately 13.2% compared to the same period last year; and net profit of approximately RMB 257 million, an increase of approximately 259.4% year-on-year. The Board attributes the significant year-on-year improvement in the Group’s operating performance primarily to the year-on-year increase in the average selling prices of its electrolytic nickel, cathode copper, and other products during the reporting period.
HKEX Announcement Insight | Geely Auto plans to invest €221 million to acquire a 34% stake in Ford's Spanish plant, advancing localized production in Europe
China Railway Signal & Communication Co., Ltd. recently won a total of eight major projects worth RMB 1.711 billion; HSBC Holdings' subsidiary plans to sell its Singapore life and health insurance business to Allianz for USD 2.1 billion.
Xinjiang Xinxin Mining Sees 1H Rev CNY1.27B Vs. CNY1.12B Year Ago >3833.HK
Xinjiang Xinxin Mining Sees 1H Rev CNY1.27B Vs. CNY1.12B Year Ago >3833.
Selected HKEX Announcements | Chow Tai Fook Reports Over 10% Year-on-Year Growth in Q2 Retail Sales; Jianye Real Estate Plans to Transfer Cultural Tourism Project for RMB 3 Billion
① Chow Tai Fook reported a retail sales increase of over 10% year-on-year in the second quarter— which regions drove strong sales? ② Central China Real Estate plans to divest its cultural tourism project for RMB 3 billion—what are the key highlights?
Xinjiang Xinxin Mining Industry Forecasts 259% Surge in H1 Profit
Xinjiang Xinxin Mining Industry (HKG:3833) expects attributable profit of around 257.3 million yuan for the six months ended June 30, up 259% from 71.6 million yuan a year prior.Revenue is
Xinjiang Xinxin Mining Industry (03833) issued a profit warning, forecasting attributable net profit for the interim period of approximately RMB 257.3 million, representing a year-on-year increase of about 259.4%.
Xinjiang Xinxin Mining Industry Company Limited (03833.HK) announced that the Group expects consolidated revenue of approximately RMB 1.2657 billion for the six months ended June 30, 2026, an increase of approximately 13.2% compared to RMB 1.1179 billion for the same period last year; and net profit attributable to shareholders of the Company of approximately RMB 257.3 million, a significant increase of approximately 259.4% compared to RMB 71.6 million for the same period last year.