Yamato: Reiterate optimism for the Chinese market, adding LAOPU GOLD (06181) and KINGSOFT CLOUD (03896) to the preferred list.

09:34 16/02/2026

Although the likelihood of large-scale stimulus policies is still considered low, the gradual introduction of stimulus measures and strong policy guarantees can boost investment sentiment in the short term.

Yamato Research Institute released a research report stating that despite recent market volatility, they remain optimistic about the Chinese stock market in the first half of 2026, stimulating policies may continue until April. Although they still believe that the possibility of large-scale stimulus policies is low, the gradual introduction of stimulus measures and strong policy guarantees can boost investment sentiment in the short term, benefiting their top pick stocks China Resources Land (01109) and Midea Group Co., Ltd (000333.SZ). Due to expectations of price increases driven by strong downstream demand, the institute has added Laopu Gold (06181) and Kingsoft Cloud (03896) to their list of top picks.

HAO BAI INTL (08431) terminates proposed joint venture agreement

HAO BAI INTL (08431): Zhang Jiaqing appointed as executive director

Xinming China (02699) plans to conduct a rights issue based on a "1 for 6" ratio, with a net fundraising amount of approximately HK$101 million.

HAO BAI INTL (08431) terminates proposed joint venture agreement

HAO BAI INTL (08431): Zhang Jiaqing appointed as executive director

Xinming China (02699) plans to conduct a rights issue based on a "1 for 6" ratio, with a net fundraising amount of approximately HK$101 million.