CITIC Securities: Significant acceleration in earnings growth, metal market remains promising
Looking ahead to 2026, with liquidity shocks easing, frequent supply disruptions, and certain downstream sectors maintaining high prosperity, it is recommended to continue focusing on investment opportunities in lithium, copper, rare earths, strategic metals, aluminum, and gold sectors.
JPMorgan: Is Gold Priced at $4,600 Really Expensive?
JPMorgan pointed out that, according to the traditional model (fair value of $1,000-$1,900), gold is significantly overvalued, but this does not mean it is "wrong"—the high premium reflects a rational pricing of geopolitical risks, damaged U.S. dollar credibility, and the failure of the 60/40 portfolio. The real drivers of the rally—the "century rebalancing" of Western pension funds into gold and stagflation trades—have yet to kick in, and $4,600 may be a worthwhile "insurance premium" to pay.
Express News | Selected Highlights of Key Earnings Announcements from A-Share Listed Companies After Market Close
Shares of A-share companies with scarce resources gained strength, with Zinc Industry Co., Ltd., CITIC Metal Co., Ltd., and Yunnan Germanium Industry Co., Ltd. hitting the daily limit.
Gelonghui, April 22nd | The scarce resources sector in the A-share market collectively surged. Among them, Zinc Industry Co., Ltd., CITIC Metal Co., Ltd., and Yunnan Germanium Industry Co., Ltd. hit the 10CM price limit, Yuguang Gold & Lead rose more than 8%, Shandong Gold & Tin Co., Ltd. and Hengbang Co., Ltd. increased by over 6%, Tibet Mineral Development Co., Ltd. and Chihong Zinc & Germanium climbed more than 5%, and Zhangyuan Tungsten Industry Co., Ltd. rose over 4%. In terms of news, AI data centers are accelerating upgrades to 800G/1.6T optical modules, with Lumentum predicting that the CAGR for indium phosphide demand in data centers will reach 85% from 2026 to 2030. High-purity indium is a core raw material for indium phosphide, characterized by its scarcity and extremely high purification technology barriers, making it the most critical link in the industry chain.
First Quarter Report of CITIC Metal Co., Ltd. for 2026
CITIC Metals (601061.SH) reported a net profit of 1.377 billion yuan in the first quarter, representing a year-on-year increase of 141.13%.
According to Glodon News on April 21, CITIC Metal (601061.SH) released its Q1 2026 financial report, showing that the company achieved operating revenue of 43.196 billion yuan in the first quarter, representing a year-on-year increase of 52.91%; net profit attributable to shareholders of 1.377 billion yuan, up 141.13% year-on-year; and non-GAAP net profit attributable to shareholders of 1.445 billion yuan, up 146.05% year-on-year.
Express News | A-share restricted stock lifting overview: Restricted shares worth 83.065 billion yuan to be lifted today.
Express News | Stock Market Risk Alert for April 8
CITIC Limited (00267): The restricted shares from CITIC Metal's initial public offering will begin trading on April 10.
CITIC Limited (00267) announced that, pursuant to the approval document titled 'Approval for the Initial Public Offering Registration of CITIC Metal Co., Ltd.' (Approval No. [2023]580) issued by the China Securities Regulatory Commission, CITIC Metal Co., Ltd. (hereinafter referred to as the Company or CITIC Metal) completed its initial public offering of 501 million ordinary shares (A-shares) to the public. The shares were listed on the main board of the Shanghai Stock Exchange on April 10, 2023. After the issuance, the Company’s total share capital amounted to 4.9 billion shares, including 4.414 billion restricted tradable shares and 486 million unrestricted tradable shares.
CITIC Metal (601061) 2025 Annual Report Commentary: Trading Business a Drag, Mining Investments Drive High Growth
Event: The company released its 2025 annual report. In 2025, the company achieved revenue of 141.819 billion yuan, representing a year-on-year increase of 8.93%; net profit attributable to shareholders reached 2.689 billion yuan, reflecting a year-on-year growth of 20.16%; non-recurring net profit attributable to shareholders
CITIC Metal: CITIC Metals Corporation 2025 Annual Report
CITIC Metal: Summary of CITIC Metals Corporation\'s 2025 Annual Report
CITIC Metal Corporation 2025 Annual Report
Summary of the 2025 Annual Report of CITIC Metal Co., Ltd.
Express News | CITIC Metals: Appointed Li Shiyuan as the company's vice general manager.
Guojin Securities: Geopolitical conflicts are reshaping asset values, and these things in China are becoming "increasingly valuable."
At present, fluctuations during the period of logical transition are inevitable. However, it is important to remember that this is not a bear market but rather the eve of a new upward phase for Chinese assets.
CITIC Metals (601061.SH) 2025 Interim Dividend Distribution: RMB 0.119 per share
Gelonghui, January 22nd – CITIC Metals (601061.SH) announced the implementation of its 2025 interim dividend distribution plan. The profit distribution is based on the company's total share capital of 4,900,000,000 shares prior to the implementation of the plan, with a cash dividend of RMB 0.119 per share (tax included), amounting to a total cash dividend of RMB 583,100,000 (tax included). The record date for this rights distribution is January 29, 2026, and the ex-dividend and ex-rights date is January 30, 2026.
Fino Secures Copper Supply Agreement From CITIC Metal(HK)
Dongxing Securities: The monetary easing cycle has begun, with liquidity premiums supporting a continued upward shift in the pricing center for precious metals.
The shift toward global monetary policy easing, coupled with uncertainties in geopolitics and economic policy, has increased the risk premium for precious metals as a safe-haven asset.
CITIC Metal (601061.SH): Proposed cash dividend of RMB 1.19 per 10 shares for the mid-term of 2025.
Gelonghui December 9th丨CITIC Metal (601061.SH) announced that the company plans to distribute profits for the mid-term of 2025 based on the total number of shares registered on the record date for the equity distribution. The profit distribution plan is as follows: the company proposes to distribute a cash dividend of RMB 1.19 per 10 shares (including tax) to all shareholders. As of November 30, 2025, the company's total share capital is 4,900,000,000 shares. Based on this calculation, the total proposed cash dividend amounts to RMB 583 million (including tax). This cash dividend accounts for 25.07% of the net profit attributable to the listed company's shareholders in the first three quarters of 2025.