Hong Kong stocks concept tracking | Rare earth price index officially launched Industry welcomes new standard and sustained prosperity (attached concept stocks)

Baotou Rare Earth Products Exchange (referred to as "Rare Exchange") announced on January 9th that the rare earth price index has officially launched on the Rare Exchange official website, WeChat public account, China Financial Information Network, Xinhua Finance Professional Terminal, Xinhua Finance App, and other platforms simultaneously. The Rare Exchange stated that the index is compiled based on the Rare Exchange platform's own trading data and widely collected real and compliant trade data, combined with rigorous index models from research institutions, covering mainstream rare earth products such as lanthanum, cerium, praseodymium, and neodymium. According to data, the Rare Exchange was jointly established by 13 central and local large rare earth backbone enterprises and related institutions, such as China Northern Rare Earth, China Rare Earth Resources And Technology, China Rare Earth, Zhongxi Development, National Storage Center, China Nonferrous Metal Industry's Foreign Engineering and Construction, Xiamen Tungsten, Zhongxi Liangshan, Gansu Rare Earth, Gaoxin Holdings, Zhonggang Trading, Zhonghe Investment, Xinhua Index, etc. After market hours on January 9th, Inner Mongolia Baotou Steel Union (600010.SH) and China Northern Rare Earth (600111.SH) announced the adjustment of the first quarter of 2026 rare earth ore related transaction price to tax-excluded 26,834 yuan/ton (dry weight, REO=50%), representing a 2.4% increase compared to the previous period. For each 1% increase or decrease in REO (rare earth oxide), the tax-excluded price will increase or decrease by 536.68 yuan/ton. Inner Mongolia Baotou Steel Union's rare earth ore production line is the world's largest rare earth raw material base with an annual production capacity of 450,000 tons of rare earth ore, which is the main procurement raw material for China Northern Rare Earth's production and operation. China Northern Rare Earth is the largest supplier of light rare earth products in China and globally, and is one of the six rare earth groups in China. According to USGS data, China Rare Earth Resources And Technology holds about 40% of the global rare earth resources, with richer and strategically more valuable medium to heavy rare earth resources. Since the third quarter of 2024, the rare earth ore trading price has seen six consecutive increases. According to data compiled by the China Rare Earth Resources And Technology industry association, most rare earth prices rose in the period from January to December 2025. For example, the average price of neodymium oxide in light rare earths was 50.87 million yuan/ton, a 27.4% increase compared to the previous period; the average price of neodymium metal was 62.58 million yuan/ton, a 27% increase compared to the previous period. In the heavy rare earths category, the average price of 99.99% terbium oxide was 673.87 million yuan/ton, representing a 17.2% increase compared to the previous period; the average price of terbium metal was 835.91 million yuan/ton, a 16.5% increase compared to the previous period. The recovery of rare earth prices has also driven the performance of related listed companies. China Northern Rare Earth disclosed its third-quarter report for 2025, achieving revenue of 30.292 billion yuan in the first three quarters, a year-on-year increase of 40.50%; net profit attributable to shareholders was 1.541 billion yuan, a year-on-year increase of 280.27%; non-GAAP net profit was 1.362 billion yuan, a year-on-year increase of 412.02%. Inner Mongolia Baotou Steel Union disclosed its third-quarter report for 2025, achieving revenue of 48.08 billion yuan in the first three quarters, a year-on-year decrease of 3.58%; net profit attributable to shareholders was 233 million yuan, turning a loss into a profit year-on-year. Zhongtai released a research report stating that with the optimization of the industrial structure and the maturity of integration mechanisms, China Rare Earth Resources And Technology has become an important strategic link in the global high-tech industry chain. Against the backdrop of intensified technological competition between China and the US, rare earths, as controllable important resources in China, possess strong geopolitical attributes. It is recommended to pay attention to resource-intensive and high-barrier resource companies. From the demand perspective, rare earth permanent magnets are the largest consumer of rare earths, and they continue to grow rapidly. The new energy vehicle sector will become the strongest downstream demand for high-performance neodymium-iron-boron permanent magnet materials. As the sector with the most apparent demand driver for high-performance neodymium-iron-boron materials, the future demand share is about 50%. China Securities Co., Ltd. believes that the demand for rare earths is growing rapidly, with a future three-year demand growth rate exceeding 13%. Due to the rapid growth in sectors such as new energy vehicles, energy-saving motors, and wind power generation, it is expected that the demand for high-performance neodymium-iron-boron magnetic materials will reach 212,000 tons by 2027, with an annual compound growth rate of 13%. Related concept stocks: Jl Mag Rare-Earth (06680): Jl Mag Rare-Earth announced that the group is expected to achieve a net profit attributable to shareholders of the listed company of 505 million to 550 million yuan during the first three quarters of 2025 (January-September 2025), an increase of 157%-179% year-on-year; the net profit attributable to shareholders of the listed company in the third quarter is estimated to be 200 million to 245 million yuan, an increase of 159-217% year-on-year. China Rare Earth Resources And Technology (00769): Public information shows that China Rare Earth Resources And Technology is now known as China Rare Earth Resources And Technology Holdings Limited, formerly known as Yixing Xinwei Holdings Limited. The company is mainly engaged in the manufacturing and sales of rare earth and refractory products. The rare earth division is involved in the manufacturing and sales of rare earth products, including metal oxides and fluorescence products, such as fluorescent powders for lamps, yttrium oxides, and yttrium europium oxides. MMG (01208): Galaxy Securities released a research report, initiating coverage on MMG with a "buy" rating; based on current exchange rates, the company is expected to achieve operating income of 48.3 billion yuan, 64.5 billion yuan, and 68.7 billion yuan in 2025, 2026, and 2027 respectively, with a net profit attributable to shareholders of 5.6 billion yuan, 10.4 billion yuan, and 12.1 billion yuan. Aluminum Corporation Of China (02600): The company is a leading enterprise in China's aluminum industry, engaged in the exploration and mining of bauxite, coal, and other resources, as well as the production, sales, technical research and development of alumina, primary aluminum, aluminum alloy, carbon products, and thermal and new energy power generation.