Zhitong Hong Kong stocks have long been known | Precious metals continue to soar, and the State Drug Administration strengthens supervision of commissioned production of marketed drugs
[Today's headlines]
State Drug Administration: Strengthening supervision of commissioned production of marketed drugs
The State Drug Administration issued a notice to strengthen the supervision of commissioned production of marketed drugs, clarify the obligations and responsibilities of all parties, and urge drug marketing license holders and contract manufacturers to jointly fulfill the main responsibility of ensuring the quality and safety of drugs. The “Notice” mainly includes three parts: strengthening the responsibilities of contract manufacturing enterprises, strengthening the supervision and management of contract production, and other matters, and clarifies the application materials, issuance requirements, and issuance template for the “Drug Entrusted Production Opinion” in the form of an attachment.
This regulatory upgrade by the State Drug Administration marks the transition from “liberalizing activities” to a new stage of “standardizing quality” for drug contract production in China. The policy not only closes loopholes (restricts inefficient entrustment), but also gives a green light (supports innovation and urgently needed drugs). The core goal is to maintain the bottom line of drug safety and promote high-quality industrial development.
[General outlook]
Precious metals continue to soar
Overnight, the US stock Dow Jones Industrial Average rose 484.9 points to close at 49462.08 points, or 0.99%; the S&P 500 stock index rose 42.77 points to close at 6944.82 points, or 0.62%; and the Nasdaq Composite Index rose 151.35 points, to close at 23547.17 points, or 0.65%. Major technology stocks had mixed ups and downs. Amazon rose more than 3%, Microsoft and Intel rose more than 1%, and US storage concept stocks collectively surged to record highs. Micron Technology rose more than 10%, SanDisk rose more than 27%, Western Digital rose more than 16%, and Seagate Technology rose 14%.
Most popular Chinese securities fell. Hesai rose more than 10%, My Little Pony Zhixing rose more than 5%, and Huazhu rose more than 4%; BOSS Direct Hiring fell more than 6%, and Alibaba fell more than 3%. The Hang Seng Index ADR declined. On a proportional basis, it closed at 26526.37 points, down 184.08 or 0.69% from the Hong Kong closing.
Precious metals continued to soar. COMEX gold futures rose by $54.20 in the same month, or 1.22%, to $4505.7 per ounce. Spot silver rose by $4.64, or 6.06%, to $81.25 per ounce. Lunnickel rose by $1,427, or 8.39%, to $18,430 per ton.
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Ministry of Commerce: Prohibit the export of all dual-use items to Japanese military users, military use, and any other end user use that helps enhance Japan's military strength
According to the relevant provisions of laws and regulations such as the “Export Control Law of the People's Republic of China”, it was decided to strengthen export controls on dual-use items to Japan in order to safeguard national security and interests and fulfill international obligations such as non-proliferation. The relevant matters are now announced as follows: The export of all dual-use items to Japanese military users, military use, and any other end user use that helps enhance Japan's military strength is prohibited. Organizations and individuals in any country or region that violate the above regulations and transfer or provide relevant dual-use items originating in the People's Republic of China to Japan will be prosecuted for legal liability in accordance with the law. This notice is officially implemented from the date of publication.
Brain-computer interface becomes capital “darling” Strong Brain Technology completed 2 billion in financing, second only to Neuralink
Strong Brain Technology was revealed to have completed about 2 billion yuan in financing, making it the second-largest financing in the world other than Musk's Neuralink in the field of brain-computer interfaces. According to reports, there is a strong lineup of investors this time, including the famous investment agency IDG, Walden International founded by Intel CEO Chen Liwu, “fruit chain” giants Lansi Technology, Lingyi Intelligent Manufacturing, strategic investors Vail Shares, Runze Technology, Huazhu Group, Good Future Group, and top domestic firms in Hong Kong, China, and the US. From an industry perspective, Musk's Neuralink is still the most highly valued brain-computer interface company in the world, reaching 9 billion US dollars after completing Series E financing in 2025.
Damo: Residential property prices in Hong Kong are expected to rise 10% this year, and Xindi Hengdi and Changshi are preferred by real estate stocks
According to a research report released by Morgan Stanley, Sun Hung Kai Properties and Henderson Land were selected as the target prices for a number of real estate stocks. The target prices were raised from HK$105 and HK$30 to HK$120 and HK$36, respectively, and both received an “incremental” rating. Meanwhile, Changshi Group is also one of the bank's top choices. The rating was upgraded from “synchronizing with the market” to “increasing holdings”, and the target price was raised from HK$39 to HK$47.
Weimeng Group (02013) launches business cooperation with Taobao Flash Sale
Weimeng Group (02013) issued an announcement. The Group officially announced a business cooperation with Taobao Flash Sale, a local lifestyle service platform under the Alibaba Group. Shanghai Weimeng Enterprise Development Co., Ltd., a subsidiary of the Group, and Shanghai Lazas Information Technology Co., Ltd. (Lazas), the main player of the Taobao flash shopping platform, recently signed a strategic cooperation agreement to carry out multi-dimensional business cooperation and exploration in common industries between the two parties, including but not limited to: (1) interconnect solution merchants to co-build an instant retail ecosystem; (2) public-private partnerships, membership access, one-stop marketing upgrades; and (3) joint innovation and upgrading of innovative enterprises level Explore and co-build scenarios such as customer development, AI, and data operation.
Jiufang Smart Investment Holdings (09636) completed the acquisition of 100% of JF Financial's shares and core information systems
Jiufang Smart Investment Holdings (09636) issued an announcement. After completion, the member companies of the target group will be 100% owned by the company and merged into wholly-owned subsidiaries of the company; and the company will acquire ownership of the core information system. Yintech Financial has Class 1, 2, 4, 5 and 9 licenses from the Hong Kong Securities Regulatory Commission and conducts securities business through its subsidiaries Fangde Securities and Fangde Capital.
Yingtong Holdings (06883) establishes a cooperative relationship with Italian high-end fragrance brand CULTI
The Group has established a cooperative relationship with the Italian high-end fragrance brand CULTI Curiti. Through this cooperation, the Group has obtained exclusive distribution rights for CULTI's products in mainland China, Hong Kong and Macau, and is responsible for implementing customized market entry and expansion plans for the brand.
Ning Meng Film & Television (09857): The new drama “Rollover” is scheduled to be screened simultaneously on January 9, 2026 on iQiyi and Oriental TV
Ning Meng Film & Television (09857) announced that the immersive screenplay “Rolling Play”, produced by Ning Meng Film and Television and its subsidiary Lime Meng and co-produced by iQiyi and Oriental Entertainment, is scheduled to be broadcast exclusively on the entire network at iQiyi Love Theater starting January 9, 2026, and broadcast simultaneously on Oriental TV. The drama is written by Li Xinwei, Shi Yuchen, Shi Ye, and Liu Yue, directed by Cat Tree, Qi Shuai as chief producer, Wu Ruoyan as producer, and starring Chen Xingxu and Lu Yuxiao.
Yadi Holdings (01585) has an estimated annual net profit of not less than 2.9 billion yuan
Yadi Holdings (01585) announced that the Group expects to record a net profit of not less than RMB 2.9 billion for the year ended December 31, 2025, while the net profit recorded for the same period in 2024 is RMB 1.27 billion. The expected increase in net profit is mainly due to increased sales of electric two-wheelers and optimized product structure.
[Individual stock prices are clear]
Junda Co., Ltd. (02865): The commercialization of the space photovoltaic industry is progressing faster
On January 5, Junda Co., Ltd. released relevant information relating to the field of space photovoltaics on an interactive platform. The company's partner Shangyi Optoelectronics is a scarce domestic satellite battery manufacturer. Its core team has been deeply involved in perovskite aerospace applications for many years, and has now completed first-principle verification of perovskite materials in a space environment, laying a solid foundation for subsequent in-orbit verification. The company is closely collaborating with Shangyi Optoelectronics to promote in-orbit verification and subsequent industrial implementation.
Guojin Securities mentioned in a research report released recently that in the design orbital environment of functional satellites and computing power constellations, and even future Mars bases, solar energy is the only form of energy that can achieve long-term, stable, and lightweight power supply. CICC released a research report saying that as satellite manufacturing enters the “industrial” large-scale production era, the increase in demand for low-orbit satellites and space computing power is driving new demand for space solar arrays (solar wings) to reduce costs and increase efficiency. In the short term, the perovskite-crystalline silicon laminated battery model (co-powered with existing cells) is the mainstream development direction for space applications. In the long run, the bank believes that perovskite technology is expected to accelerate the transformation to independent space power supply scenarios. Furthermore, the commercialization of space photovoltaic scenarios by domestic manufacturing companies has recently progressed actively.