00815 Overview

Market Overview: The US-Iran war escalation negatively impacted global stock markets, with the Hong Kong stock market closing lower; the HSI fell by 1.1% to 25,768 points.

Gas and Oil Stocks Performance: KUNLUN ENERGY rose by 1.7%, while SINOPEC CORP dropped by 2.7%. PETROCHINA and CNOOC saw significant gains of 5% and 3.2%, respectively.

Decline in Gold and Lithium Stocks: Gold and silver stocks experienced substantial losses, with companies like SD GOLD and ZHAOJIN MINING falling between 5-6.3%. Lithium stocks also plummeted, with TIANQI LITHIUM and GANFENGLITHIUM down by 8.1% and 10.9%.

Tech Sector Movements: Major tech stocks like TENCENT and BABA-W saw slight declines, while NTES-S gained 1.4%, potentially benefiting from its inclusion in the Southbound Stock Connect.

Market Performance: The HSI fell 74 points (0.3%) to 25,985, while the HSCEI and HSTECH also experienced declines, with total half-day turnover reaching HKD187.565 billion.

Energy Stocks Movement: KUNLUN ENERGY saw a 3.2% increase, while SINOPEC CORP dipped 1.8%. In contrast, PETROCHINA and CNOOC rallied by 4% and 2.3%, respectively.

Tech Sector Trends: Major tech stocks like TENCENT and BABA-W saw slight gains, while KUAISHOU-W and MEITUAN-W experienced minor declines.

Automotive Sector Decline: BYD COMPANY, XIAOMI-W, and other automotive stocks faced significant losses, with declines ranging from 2.2% to 5.5%.

Market Performance: The HSI closed up 668 points (2.5%) at 27,081, with significant gains in the HSCEI and HSTECH, reflecting a total market turnover of HKD172.963 billion.

Tech and E-commerce Stocks: Major tech and e-commerce stocks like TECHTRONIC IND, SHENZHOU INTL, BABA-W, and JD-SW saw notable increases, with gains ranging from 3.5% to 5.7%.

Commodity Stocks Surge: A decline in the USD led to a rise in commodity stocks, with ZIJIN MINING and other gold-related stocks experiencing gains of 5.3% to 6.8%.

AI and Robotics Stocks Decline: AI model stocks faced significant losses, particularly KNOWLEDGE ATLAS, which dropped 22.8%, while robotics stocks also saw declines.

Market Performance: The HSI rose 605 points (2.3%) to 27,019, with significant gains in the HSCEI and HSTECH, reflecting a total half-day turnover of HKD106.45 billion.

Top Gainers: Notable stock increases included TECHTRONIC IND (+3.8%), SHENZHOU INTL (+4.1%), and various mobile component and pharma stocks, with Q TECH leading at +6.3%.

Commodity Stocks Surge: A decline in the USD led to substantial gains in commodity stocks, with SD GOLD and ZHAOJIN MINING both rising over 5%, alongside other mining companies.

Tech Sector Highlights: Major tech stocks like TENCENT and MEITUAN-W saw increases of 3.2% and 6.9%, respectively, while AI model stocks faced declines, particularly KNOWLEDGE ATLAS, which dropped over 21%.

US Supreme Court Decision: The US Supreme Court dismissed Donald Trump's reciprocal tariffs, resulting in a surge in e-commerce stocks on the Hong Kong market.

Hong Kong Market Performance: The Hong Kong bourse opened significantly higher, with the HSI rising 1.5% and various tech stocks, including Alibaba and JD.com, also showing gains.

Sector Highlights: E-commerce and technology stocks experienced notable increases, while AI model stocks like Knowledge Atlas faced declines due to recent issues.

Commodity and Resource Stocks: Commodity prices rose, leading to higher openings for related stocks, including those in the mining sector, which saw significant gains.

Share Placement Announcement: CHI SILVER GP (00815.HK) has announced the placement of 910 million shares to various investors at a price of $0.51 per share, which is a 17.74% discount to the previous closing price of $0.62.

Fundraising Proceeds Allocation: The gross proceeds from this fundraising are approximately $464 million, with 40% allocated for capital expenditure related to the Shigatse Mine, another 40% for financing the project company Xizang Shigatse, and 20% for general working capital.