HBIS Resources Hits Day High with Strong 4.59% Intraday Surge

HBIS Resources Co., a prominent player in the ferrous metals industry, has shown significant activity today, gaining 4.59% on February 25, 2026. The stock reached an intraday high of CNY 24.99, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, HBIS Resources has outperformed the broader market with a 4.72% increase, while the composite index saw a modest rise of 0.41%. Year-to-date, the stock has demonstrated a solid gain of 15.26%, significantly surpassing the composite's 2.85% performance. In the past year, HBIS Resources has achieved an impressive 80.34% increase, compared to the 22.49% rise in the composite index. Despite these short-term gains, the company faces challenges in long-term growth, with net sales declining at an annual rate of 2.23% over the last five years. Additionally, the company has reported negative results for the last three consecutive quarters, highlighting ongoing operational pressures. With a market capitalization of CNY 14,630 million, HBIS Resources continues to navigate a complex financial landscape.