Xinjiang Baodi Mining Co Ltd – Market Reaction on 11 February 2026
Trading Activity
On 11 February 2026, Xinjiang Baodi Mining Co Ltd (ticker not specified) experienced a 涨停 (limit‑up) in the Shanghai Stock Exchange session. The limit‑up occurred in the context of broader sector movements:
- Steel sector: The steel index moved higher in the afternoon, lifting Baodi Mining together with peers such as Dazhong Mining, Ordos Mining, Guangdong Mingzhu, New Steel Shares, and Shengde Xintai.
- Precious metals sector: Mid‑day volatility in the precious‑metal segment saw a rebound that also benefitted Baodi Mining, alongside shares of Haotong Technology (surging over 10 %), Shandong Gold, Shengtun Mining, Feinan Resources, and Chifeng Gold.
These sector rallies coincided with favorable commodity prices, notably spot gold regaining the 5,050 USD level during the day, and spot silver rising more than 2 % in intraday trading.
Price Impact
- Closing price (2026‑02‑08): 8.12 CNY.
- 52‑week high (2026‑01‑28): 9.28 CNY.
- 52‑week low (2025‑04‑08): 5.12 CNY.
The limit‑up on 11 February placed Baodi Mining on an upward trajectory toward its recent 52‑week high, reinforcing investor confidence in the company’s positioning within the steel and metal supply chain.
Market Capitalisation
As of the latest data, Xinjiang Baodi Mining Co Ltd has a market cap of 6.3 billion CNY, reflecting its status as a mid‑cap player in the Chinese mining sector.
Summary
The trading day on 11 February 2026 saw Xinjiang Baodi Mining Co Ltd’s shares hit the upper price limit, driven by positive momentum in both the steel and precious‑metal sectors and supportive commodity price movements. The event positioned the stock nearer to its 52‑week peak and underscored the company’s sensitivity to sector‑wide dynamics and raw‑material price trends.
