ZHIHUI MINING

Zhihui Mining opened higher in the morning session, briefly touching 18.94 HKD before retreating to 18.89 HKD, down 0.05% from yesterday's close of 18.90 HKD, with an intraday range of approximately 5.8%. Despite a sharp 20%+ drop in March due to financial review concerns, the company's annual net profit surged 170% to 150 million RMB in May, with Q2 2026 revenue up 85.53% YoY to 161 million HKD and net profit margin at 35.55%. However, the stock remains 19.07% below its 52-week high of 23.34 HKD and trades below the 20-day moving average of 19.502 HKD, highlighting the gap between strong fundamentals and price recovery. Trading volume was thin at 240,000 shares (turnover rate 0.05%), limiting upward momentum.

Zhihui Mining opened at HK$20.08 and fell sharply in the morning session, closing at HK$18.96, down about 5.6% from the previous close. The intraday low of HK$18.96 represents an 18.77% decline from the 52-week high of HK$23.34, but remains 146.23% above the 52-week low of HK$7.7, with a YTD gain of 91.71%. The drop is driven by profit-taking after strong earnings—FY net profit of RMB 150 million, up 1.7x, with a final dividend of RMB 0.102 per share—and concerns over capital expenditure following the company's RMB 90 million acquisition of a 60% stake in a Tibet exploration right. While the PE of 36.15x and PB of 4.78x suggest elevated valuation, the stock still trades above its MA20 (HK$19.37) and MA60 (HK$16.58), indicating near-term support.

Zhihui Mining saw a notable surge-and-plunge session today, with turnover reaching HKD 10.17 million and a turnover rate of just 0.1%. The stock spiked to HKD 22.40 in early morning trading but then steadily declined, dropping to HKD 20.46 by afternoon, down 5.19% from the previous close of HKD 21.58, with an intraday range of 8.99%. The stock had previously plunged 20.77% in a single session around the March board meeting, fueling concerns over financial scrutiny, although the company just reported full-year net profit of RMB 150 million, up 170% year-on-year, with a final dividend of RMB 0.102 per share (yield 0.57%). Despite strong fundamentals, the current price of HKD 20.46 sits about 6.3% below its 20-day moving average of HKD 19.247, while still up 165.71% from the 52-week low of HKD 7.7 and 106.88% year-to-date, highlighting the risk of a pullback from elevated levels.

Zhihui Mining opened the morning session at 22.98 HKD, hitting its 52-week high before sharply reversing to a low of 21.00 HKD, closing at 21.00 HKD, down 6.9% from the previous close of 22.56 HKD, with turnover of 280,000 shares and 6.1 million HKD. The stock has seen extreme volatility: on March 17 it plunged 20.77% on financial review concerns, yet on March 2 it surged 20.76% on capital inflows. The full-year results showed net profit of 150 million RMB, up 170% year-on-year, with a final dividend of 0.102 RMB per share, and the company announced a 90 million RMB acquisition of a 60% interest in a Tibet mining right. At 21.00 HKD, the stock trades above its MA20 (18.72 HKD) and MA60 (16.30 HKD), with a YTD return of 112.34%, but sits 10.03% below its 52-week high of 23.34 HKD, while the PE of 61.67x and PB of 5.66x reflect elevated valuations.

2546.HK (Xizang Zhihui Mining) opened higher and rallied throughout the day on August 24, closing at HKD 22.56, up 5.32% from the previous close of HKD 21.42. It hit an intraday low of HKD 20.96 (morning session, 9:55 BJ) and a high of HKD 22.56 (afternoon session, 14:53 BJ), with a daily range of approximately 7.6%. The company reported a 1.7x increase in full-year net profit to RMB 150 million and a final dividend of RMB 0.102 per share, which underpinned the price strength. The stock now trades at its 52-week high of HKD 22.56, with a year-to-date gain of 128.11%, well above its 20-day MA of HKD 18.47 and 60-day MA of HKD 16.19. However, with a P/E of ~66.25x and P/B of 6.09x, valuation is elevated, and the stock had previously plunged over 20% in March on financial concerns, suggesting lingering market unease.