Zijin Mining(HK:02899) Ge Long Hui·2026-01-07 04:37Core Viewpoint - Zijin Mining (02899) has shown strong performance with a 4.48% increase on January 6, reaching a recent high of 38.26 HKD, with a trading volume of 38.28 billion HKD, indicating active market engagement [1][2] Group 1: Stock Performance - The stock price of Zijin Mining reached 38.56 HKD as of January 7, showing a slight increase of 0.89% [1] - Resistance levels are identified at 40.4 HKD and 42.3 HKD, while support levels are at 35.4 HKD and 33.9 HKD [1] - The stock is above key moving averages (MA10: 35.6 HKD, MA30: 33.51 HKD, MA60: 32.97 HKD), indicating a strong bullish trend [1] Group 2: Technical Indicators - The RSI is at 70, indicating an overbought condition, while the Williams indicator and stochastic oscillator are also signaling sell [1] - Despite some sell signals, indicators like ADX, MACD, Bollinger Bands, and Ichimoku Cloud are showing buy signals, reflecting mixed market sentiment [1] Group 3: Product Recommendations - Two high-value products are recommended: - Citigroup Call Warrant (22889) with a leverage of 5.4 times and a strike price of 44.01 HKD, noted for its low premium and volatility [7] - Societe Generale Bull Certificate (63568) with a leverage of 5.8 times and a redemption price of 32.8 HKD, recognized for its responsiveness to stock volatility and liquidity [7] Group 4: Market Trends - Commodity stocks showed overall strength on January 6, contributing to the rise of Zijin Mining and creating a notable sectoral linkage [2] - Recent products related to Zijin Mining have demonstrated significant elasticity, with some bull certificates showing returns of 30% and 24% over two days, outperforming the stock's 3.57% increase [4]