CGN MINING(HK:01164) 智通财经网·2026-01-28 05:59Core Viewpoint - China General Nuclear Power Corporation (CGN) Mining (01164) saw its stock price increase by over 10%, currently trading at 4.98 HKD with a transaction volume of 402 million HKD, driven by a report from CCB International highlighting strong performance in the uranium sector [1] Group 1: Market Performance - The average increase in the four covered natural uranium stocks year-to-date is 44%, primarily benefiting from rising spot prices and the overall strength of the metal mining sector [1] - CCB International has raised its expectations for natural uranium spot prices to 120 USD per pound for the end of 2026 and 150 USD per pound for the end of 2027 [1] Group 2: Future Catalysts - Several catalysts are anticipated to further boost investor sentiment, including the upcoming operational update from Huran Mining on February 2, which is expected to provide production guidance for 2026, with a forecasted slight increase in output of 7% [1] - Cameco is set to release its Q4 2025 results on February 13, which will be closely watched for production guidance and market updates [1] Group 3: Strategic Developments - The expansion of the U.S. strategic natural uranium reserve and additional federal funding will likely remove more effective supply from the market [1] - The U.S. government may also establish a floor price for natural uranium imports, benefiting domestic producers [1]