The Hang Seng Index inched up 0.09%, gaining 24 points to reach 26,773 points, while the Hang Seng Tech Index declined by 1.31%. Morning session turnover for Hong Kong stocks stood at HKD 151.1 billion.
CGN Mining (01164) surged over 9% again, driven by reports that the physical uranium trust SPUT plans to increase purchases, indicating sustained growth in secondary demand.
Jiaxin International Resources (03858) rose more than 6% as tungsten concentrate prices approached the 550,000 yuan per tonne mark, with the company holding world-class tungsten resources.
China Hanking (03788) jumped over 7% to hit a record high, as the company accelerates the commissioning and value realization of its Mt Bundy gold project.
Nickel stocks led the gains, supported by reduced nickel ore production quotas in Indonesia, with institutions forecasting a potential continued rise in nickel prices. Xinjiang Xinxin Mining (03833) advanced 6%; CNGR Advanced Material (02579) gained 4.6%; and Lygend Resources (02245) climbed 5%.
Laopu Gold (06181) increased over 7%, fueled by high queuing activity at SKP events, suggesting the premium traditional Chinese-style gold segment continues to break into new markets.
Ark Health (06086) skyrocketed more than 41% after forecasting it would achieve a net profit of up to RMB 10 million in 2025, marking a formal transition to comprehensive profitability.
Elite Group Holdings (02442) surged over 9% again, having accumulated a near five-fold increase since being acquired, with the company stating it has restored public float.
Yangtze Optical Fibre and Cable (06869) rose over 14%, as AI development is seen boosting the industry's prosperity for optical fibers and cables.
Sun Hung Kai Properties (00016) gained 4.8%, with analysts predicting that new land reserves are expected to bolster the company's profits, potentially signaling an upcoming upward cycle for Hong Kong property prices.
Nanhua Futures (02691) climbed over 14% following its recent inclusion in the Stock Connect scheme, with the company planning to expand its overseas operations.
Modern Dental (03600) surged over 16% after Hillhouse Investment acquired additional shares, increasing its stake to the current 17.24%.
Weichai Power (02338) rose over 4% again, as Citi suggested the company may increasingly allocate resources to its energy supply business.
