01164 Should I Buy

The analyst rating for CGN MINING (01164.HK) is "Overweight" with a target price of HK$3.92 due to a 70-80% probability of the stock price ascending within 15 days. This positive outlook is influenced by the listing of CNUC (001280.SZ) as the first uranium mining company in Mainland China, which is expected to attract broader investor attention to the uranium mining sector and bolster market confidence. As CGN MINING is the only uranium mining company listed in Hong Kong and participates in the Shenzhen/Shanghai-Hong Kong Stock Connect, it is anticipated to benefit from this increased interest in the sector.