Changes in Hong Kong stocks | CGN Mining (01164) is now up more than 7%, Japan's largest nuclear power plant will soon restart, and supply is tight, uranium prices are expected to continue to rise

The Zhitong Finance App learned that CGN Mining (01164) rose nearly 9% in the intraday period. As of press release, it had risen 6.79% to HK$3.46, with a turnover of HK$252 million.

According to the news, according to CCTV news reports, on December 24, 2025, Japan's Tokyo Electric Power Company President Kobayakawa Tomoaki said that the country's largest nuclear power plant, the Kashiwazaki-Kariwa Nuclear Power Plant Unit 6 reactor will be restarted on January 20, 2026. According to other market sources, Japan's TEPCO will invest 11 trillion yen in nuclear power and renewable energy within 10 years. In addition, two CGN “Hualong 1” nuclear power units have recently begun loading.

Guojin Securities released a research report saying that on the supply side, primary uranium supply rebounded in the short term, driven by the resumption of mine production, and the medium- to long-term primary supply capacity faced continuous decline; it was difficult to form an effective increase in secondary supply in the medium to short term. On the demand side, nuclear power installations are growing steadily, driven by energy security, clean energy transformation, and AI power demand, and the global natural uranium supply and demand gap will continue to exist. The long uranium bargain price continues to rise in anticipation of tight supply.