HK Stock Market Move | XIMEI RESOURCES (09936) rose nearly 9% in the afternoon, with net profit for the first half of the year approaching doubling. The company is a global leader in tantalum and niobium smelting.

XIMEI RESOURCES (09936) rose nearly 9% in the afternoon and, as of the time of writing, was up 6.33%, trading at HKD 15.8, with a transaction volume of HKD 16,212,100. In terms of news, XIMEI RESOURCES released its interim results. The financial report shows that in the first half of 2026, the group seized opportunities in the tantalum and niobium industry, with all core departments achieving significant improvements in performance. The group achieved operating revenue of RMB 1.4528 billion, a year-on-year increase of 52.2%; net profit for the period was RMB 213.8 million, a year-on-year increase of 98.9%. Guotai Junan Haitong released a research report stating that due to the explosion in demand driven by the AI industry and aviation, along with tight supply of upstream minerals, the price of tantalum has surged significantly. As one of the world's leading tantalum and niobium smelting companies, XIMEI RESOURCES is accelerating capacity expansion, and future growth is promising.