Group 1 - The core viewpoint of the article is that Jiaxin International Resources (03858) has reported a significant turnaround in its financial performance, expecting a net profit of approximately HKD 300 million to HKD 340 million for the year ending December 31, compared to a loss in the previous year [1] - The expected turnaround to profit is attributed to the fact that the group has not yet commenced operations in 2024, resulting in no revenue generation and previous losses [1] - The company is set to begin commercial production in April 2025, which is anticipated to mark the start of revenue generation and profitability [1] Group 2 - The tungsten market is experiencing a tight supply and high price environment, with the price of 65% black tungsten concentrate reported at RMB 685,000 per standard ton, reflecting a 48.9% increase since the beginning of the year [1] - The price of ammonium paratungstate (APT) is reported at RMB 1,000,000 per ton, which is a 49.3% increase from the start of the year [1] - Market focus is shifting from transactions to expectations for the period following the Spring Festival [1]

Group 1 - The core viewpoint of the article is that Jiaxin International Resources (03858) has reported a significant turnaround in its financial performance, expecting a net profit attributable to equity holders of approximately HKD 300 million to HKD 340 million for the year ending December 31, marking a shift from loss to profit [1] - The expected turnaround is primarily due to the group not having commenced operations in 2024, resulting in no revenue generation and previous losses. The company is set to begin commercial production in April 2025, which will lead to the first revenue generation and profit for the current fiscal year [1] - The stock price of Jiaxin International Resources has increased by over 6%, reaching HKD 83.3, with a trading volume of HKD 34.116 million [1] Group 2 - The tungsten market is experiencing a tight supply and high price environment, with prices for 65% black tungsten concentrate reported at RMB 685,000 per standard ton, an increase of 48.9% since the beginning of the year [1] - Ammonium paratungstate (APT) prices are reported at RMB 1,000,000 per ton, reflecting a 49.3% increase since the start of the year [1] - Market focus is shifting from transactions to expectations for the post-holiday period as the last trading week before the Spring Festival continues to show strong pricing trends [1]

Group 1: Company Developments - LuKe Technology has submitted its listing application to the Hong Kong Stock Exchange, with China Galaxy International as the exclusive sponsor. The company is a pioneer in AI home security solutions, focusing on smart locks and comprehensive safety solutions for homes and communities. In 2024, LuKe's shipment of vein recognition smart locks is expected to rank first globally, with a market share of 10.5%, while its overall smart lock shipments are projected to be fourth globally, with a market share of 2.6% [1] - Jiaxin International Resources has issued a positive profit forecast, expecting to turn a loss of 173 million HKD for the year ending December 31, 2024, into a profit of approximately 300 to 340 million HKD for the year ending December 31, 2025. This turnaround is attributed to the commencement of commercial production in April 2025, which will generate revenue [3] - Poly Property Group reported a 22.92% year-on-year decrease in contract sales amounting to approximately 3.7 billion HKD in January 2026, with a sales area of about 151,000 square meters and an average contract sales price of 24,774 HKD per square meter. The company faces pressure on sales during the market adjustment period [4] Group 2: Market Trends - The Hong Kong stock market saw a significant increase in IPO fundraising, with January 2026's total IPO amount reaching 39.3 billion HKD, a 555% increase from 6 billion HKD in the same month last year. The total fundraising amount for January 2026 was 53.1 billion HKD, up 318% from 12.7 billion HKD year-on-year. This surge is attributed to capital inflow, favorable policies, and a wave of hard technology listings [2]

佳鑫国际资源(03858)发布公告，预期本集团将取得转亏为盈，由截至2024年12月31日止年度的本公司 权益持有人应占亏损净额1.73亿港元转为截至2025年12月31日止年度(本年度)的本公司权益持有人应占 利润净额约3亿港元至3.4亿港元。 公告称，预期转亏为盈主要由于本集团于2024年尚未投入营运，未产生任何收入下而产生亏损。本集团 于2025年4月展开商业投产，并首次取得收入，于本年度转亏为盈开始产生利润。 ...

格隆汇2月6日丨佳鑫国际资源(03858.HK)公告，根据其对集团未经审核管理账目及管理层现时可得资料 的初步审阅，预期集团将录得转亏为盈，由截至2024年12月31日止年度的公司权益持有人应占亏损净额 1.73亿港元转为截至2025年12月31日止年度(「本年度」)的公司权益持有人应占利润净额介乎约3亿港元 至3.4亿港元。 根据现时可得的资料，预期转亏为盈主要由于集团于2024年尚未投入营运，未产生任何收入下而产生亏 损。集团于2025年4月展开商业投产，并首次录得收入下，于本年度转亏为盈开始产生利润。 ...

公告称，预期转亏为盈主要由于本集团于2024年尚未投入营运，未产生任何收入下而产生亏损。本集团 于2025年4月展开商业投产，并首次取得收入，于本年度转亏为盈开始产生利润。 智通财经APP讯，佳鑫国际资源(03858)发布公告，预期本集团将取得转亏为盈，由截至2024年12月31日 止年度的本公司权益持有人应占亏损净额 1.73亿港元转为截至2025年12月31日止年度(本年度)的本公司 权益持有人应占利润净额约3亿港元至3.4亿港元。 ...

Jiaxin International Resources Investment Limited 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 根據現時可得的資料，預期轉虧為盈主要由於本集團於2024年尚未投入營運，未 產生任何收入下而產生虧損。本集團於2025年4月展開商業投產，並首次錄得收 入下，於本年度轉虧為盈開始產生利潤。 於本公告日期，本公司仍在編製及確定本集團截至2025年12月31日止年度的年度 業績。本公告所載資料僅基於對本集團截至2025年12月31日止年度的未經審核綜 合管理賬目及管理層現時可得資料的初步評估，而有關資料未經本公司核數師或 本公司審核委員會審核或審閱，並可能會作出調整。本公司建議本公司股東及潛 在投資者仔細閱讀本公司截至2025年12月31日止年度的年度業績公告，該公告預 期於2026年3月底由本公司刊發。 1 本公司股東及潛在投資者於買賣本公司股份時務請審慎行事。 佳鑫國際資源投資有限公司 （於香港註冊成立的有 ...

Group 1 - Lee & Man Paper (02314) has seen its stock price rise by over 30% year-to-date, with expected profits of approximately HKD 1.88 billion to HKD 2.00 billion in 2025, representing a year-on-year growth of 38% to 47% due to increased marginal profits [1] - Soundon Technology (02495) shares rose over 8.8% after winning a contract worth nearly RMB 300 million for an AI project in Sichuan province [1] - Zhongxin Innovation (03931) stock increased by over 3.8%, with a reported 630% year-on-year growth in commercial battery deliveries in January 2026, indicating a strong market strategy and capacity layout [1] Group 2 - Tea stocks experienced a rise, with Gu Ming (01364) up 4.12%, Cha Bai Dao (02555) up 3.74%, and others benefiting from a promotional campaign offering free milk tea at over 300,000 stores nationwide [2] - Innovent Biologics (09969) shares surged over 11% after announcing expected revenues of RMB 2.37 billion in 2025, a 134% increase, and a projected net profit of around RMB 630 million [2] - Jun Da Holdings (02865) rebounded over 4.6% following news of the U.S. Federal Communications Commission accepting SpaceX's data center application [2] Group 3 - Li Auto-W (02015) shares rose over 5.3% as the CEO teased the new Li L9 model, emphasizing the importance of AI in enhancing vehicle value [3] - JX International Resources (03858) saw a stock increase of over 4.6% as tungsten prices reached a recent high of CNY 1,545,000 per ton, up CNY 25,000 from the previous trading day [3] - Nine Dragons Paper (02689) shares increased by over 5.7% after announcing a profit forecast for FY26H1 of CNY 2.15 billion to CNY 2.25 billion, a year-on-year growth of 216% to 231% [3] Group 4 - Long Resources (01712) stock surged over 35%, reaching a historical high, with expected after-tax profits of AUD 58 million to AUD 62 million for the year ending December 31, 2025, a significant increase from AUD 12.9 million in the previous year [4] Group 5 - Forgent Power Solutions (FPS.US) debuted on the U.S. stock market with a closing increase of 7.41%, focusing on power solutions for data centers [5] - Bob's Discount Furniture (BOBS.US) also entered the market, with a slight increase of 0.12%, managing 206 showrooms across 26 states and projecting revenues of USD 2.32 billion for FY2025 [5] Group 6 - Eikon Therapeutics (EIKN.US) fell over 16.67% on its Nasdaq debut, focusing on cancer therapies with a candidate drug in mid-stage trials [6] - Cryptocurrency stocks saw significant declines, with Hut 8 (HUT.US) down 17.89% and others following suit amid a Bitcoin sell-off, which dropped nearly 10% [6] Group 7 - Major U.S. indices opened lower, with the Nasdaq down 1.6%, and notable tech stocks like Amazon (AMZN.US) and Tesla (TSLA.US) also declining [7] - Estée Lauder (EL.US) dropped nearly 19.19% despite meeting sales expectations, reflecting market volatility [7] Group 8 - NIO (NIO.US) shares rose 5.86% after announcing an expected adjusted operating profit of between RMB 700 million and RMB 1.2 billion for Q4 2025, marking its first quarterly adjusted operating profit [8] - Hims & Hers Health (HIMS.US) initially surged nearly 14% before closing down 3.77%, launching a new generic medication at a competitive price [9] - Qualcomm (QCOM.US) fell 8.46% amid concerns over weak earnings forecasts related to chip shortages affecting smartphone demand [9]

Group 1 - The Hang Seng Index fell by 1.13%, down 304 points, closing at 26,580 points, while the Hang Seng Tech Index decreased by 0.47% [1] - Three new stocks were listed: Dazhu CNC (03200) rose by 18%, Muyuan Foods (02714) increased by 4.72%, and Zhuozheng Medical (02677) surged by 34% [1] - Zhongxin Hang (03931) saw a 3.83% increase, with a 630% year-on-year growth in commercial battery deliveries and plans for full circulation of H-shares [1] - Long Resources (01712) experienced a 30% intraday surge, with expected net profit growth of up to 3.8 times year-on-year [1] - Changfei Optical Fiber (06869) rose over 10%, with institutions optimistic about fiber optic manufacturers benefiting from price increases [1] - Nuo Cheng Jianhua (09969) increased by over 11%, achieving profitability for the first time due to the volume of Obutinin and growth in BD revenue [1] - Nine Dragons Paper (02689) rose over 5%, benefiting from improved self-sufficiency in wood pulp and favorable industry supply-demand dynamics [1] - Jiaxin International Resources (03858) increased by over 5%, supported by supply contraction driving up tungsten prices [1] Group 2 - Fuhong Hanlin (02696) rose over 5% after licensing rights to Hanshuo in Japan to Eizai for a total transaction amount of approximately $388 million [2] Group 3 - Tongda Group (00698) increased by over 6%, expecting to turn a profit with a maximum earnings forecast of 125 million HKD for the previous year [3] - NIO-SW (09866) rose over 5%, marking its first quarterly profit with an expected adjusted operating profit of up to 1.2 billion CNY for the last quarter [3] - Cryptocurrency ETFs and related stocks continued to decline, with Bitcoin dropping below $65,000 amid ongoing sell-offs in the crypto market [3]

佳鑫国际资源(03858)逆市涨超9%，截至发稿，涨6.57%，报79.5港元，成交额1.15亿港元。 公开资料显示，佳鑫国际资源是一家总部位于哈萨克斯坦的钨矿开发企业，核心资产为巴库塔钨矿项 目。第一上海认为，公司正处在一个关键的价值释放拐点，且坐拥世界级核心资产，资源禀赋奠定长期 增长基石。公司是市场上稀缺的纯钨矿标的，当前股价具备极高的安全边际和吸引力。 消息面上，2月4日，长江综合钨粉均价报1,545,000元/吨，较上一交易日大幅上涨25,000元，再创近期 价格新高。江海证券发布研报称，在资源禀赋趋紧、开发周期拉长、资本投入不足等多重因素叠加下， 钨的供应端刚性约束正不断强化，为中长期价格中枢上移奠定了坚实基础。 ...