News

Gelonghui, February 4th｜Oreo manufacturer and US food giant Mondelez (MDLZ.US) dropped 4.5% in pre-market trading. According to reports, Mondelez announced solid fourth-quarter results, with adjusted earnings per share (EPS) of 0.72 (up 11% year-on-year), exceeding market expectations of 0.70; revenue reached 10.5 billions (up 9% year-on-year), surpassing expectations by 207 millions. Management expects organic sales growth in 2026 to be flat to +2%, and adjusted earnings per share growth (at constant exchange rates) to be flat to +5%, both below the long-term targets of 3%-5% and high single-digit growth.

Glonghui, February 4th｜Gold and silver prices rebounded, and US-listed gold stocks collectively strengthened in pre-market trading. Namib Minerals rose nearly 6%, Coeur Mining rose nearly 5%, Jintian gained 4.3%, Pan American Silver rose 4%, and multiple stocks such as Anglogold Ashanti and Aris Mining rose more than 3%. In terms of news, after experiencing a sharp decline that began last week, gold and silver prices rebounded on Tuesday. During Wednesday's Asian session, spot gold surged over 2.7%, breaking through $5,080 per ounce. New York gold futures rose more than 3.3%, surpassing $5,100 per ounce. Spot silver accelerated its gains, rising nearly 6% intraday, climbing back above the $90 per ounce mark, rebounding more than $18 from this week's low. Institutions believe that this correction has squeezed out bubbles, which will help the market return to being driven by fundamentals.

Glonghui, February 4th｜Greek energy company Metlen announced on the 4th that it has agreed to sell its portfolio of solar projects in the UK, with a total installed capacity of 283 MW, to Schroders Greencoat Capital. The company stated that this move is a key step in its global asset rotation strategy. The asset portfolio includes seven projects located in England and Scotland, of which 143 MW have been commissioned or mechanically completed, while another 140 MW are under construction and are expected to commence commercial operation in the second quarter of 2026. This transaction marks the second deal between Metlen and Schroders Greencoat Capital. In 2024, Metlen had previously sold a 110 MW UK solar asset portfolio to the latter.