Hong Kong Market Midday Commentary | Hang Seng Index Rises 2.02% in Morning Session; China-Related Brokerage Stocks Show Strong Performance

Lithium mining stocks rose again, as market participants hold divergent views on lithium carbonate inventories, and institutions expect the tight supply-demand balance to persist in the near term.

Zhitong FinanceJun 12 12:00

A surge driven by a triple-layered logic has triggered a wave of limit-up moves in the non-ferrous metals sector, with ChinaAMC’s Non-Ferrous Metals ETF (516650), which manages assets exceeding RMB 10 billion, surging 7%, and its Rare Metals ETF (159053)

Gelonghui, June 12 — Today, the industrial metals sector surged, with Tongling Nonferrous Metals, CMOC Group, Yunnan Copper & Zinc Co., Ltd., China Nonferrous Metal Industry's Foreign Engineering & Construction Co., Ltd., Chihong Zinc & Germanium Co., Ltd., and KinTec Shares all hitting their daily trading limits. This rally drove the ChinaAMC Nonferrous Metals ETF (516650) up by 7% and the ChinaAMC Rare Earth Metals ETF (159053) up by 5.24%, with turnover exceeding 29.51%. Three key drivers are shifting the narrative around nonferrous metals from a commodity story to a strategic asset thesis: (1) Ceasefire signals in the Middle East → improved risk appetite; gold rebounded to around USD 4,200 after Trump indicated that the U.S. and Iran are 'close to reaching a peace agreement.' For nonferrous metals,

Gelonghui FinanceJun 12 11:24

Lithium mining stocks rose again, as market participants remain divided on lithium carbonate inventory levels; institutions expect the tight supply-demand balance to persist in the near term.

Lithium mining stocks rose again. As of the time of writing, Ganfeng Lithium Co., Ltd. (01772.HK) was up 6.27% at HK$61.95, and Tianqi Lithium Corporation (09696.HK) gained 5.01% to HK$46.96.

Zhitong FinanceJun 12 10:50

Zhito Hong Kong Market Insight | NVIDIA (NVDA.US) Denies Rumors as PCB Stocks Rally Again; Resource-Controlled Sectors Begin to Gain Traction

Compared to the average decline of more than 1.8% in the three major U.S. equity indices overnight, today’s markets in both regions were relatively mild, with the Hang Seng Index falling only 0.65%.

Zhitong FinanceJun 11 19:50

Hong Kong Market Close (06.11) | Hang Seng Index Falls 0.65%; Alibaba-W (09988) Drops Over 5%; PCB and Semiconductor Concepts Advance

Hong Kong's three major indices came under renewed pressure and declined today, with the Hang Seng Index briefly falling below the 24,000 mark and breaching its March low.

Zhitong FinanceJun 11 16:42

Hong Kong Market Close | All Three Major Indices Declined; New Consumer Stocks Gained Against the Trend

① Why have some real estate stocks rebounded? ② Can favorable factors in the lithium battery industry chain continue to drive stock prices?

cls.cnJun 11 16:33