Hong Kong Stock Market Movement | China Nuclear International surges 7.5%, driven by earnings growth and rising natural uranium prices

Gelonghui April 1 | CNNC International (2302.HK) opened higher and is up today. It is currently up sharply by 7.5% to 6.01 Hong Kong dollars, with a total market cap of HK$2.94 billion. In terms of news, CNNC International recently released its 2025 annual results. For 2025, the group’s revenue increased by approximately 35.2% to about HK$2.49 billion, and the group recorded net profit attributable to shareholders of approximately HK$192 million for the year. Basic earnings per share were 39.3 Hong Kong cents. In 2025, the natural uranium market continued to face challenges. The core contradictions in the global natural uranium market intensified: supply was rigidly constrained, while demand saw dual growth, leading to a tight supply-and-demand situation.

The company is a third-tier management unit under CNNC Group. It specializes in overseas uranium resource development business and is CNNC Group’s only overseas uranium resource operation platform. As a uranium resource developer with a “state team” background, the company directly benefits from the global uranium price uptrend cycle and growth in nuclear power demand. Analysts at some institutions noted that the additional installed-capacity demand brought about by the U.S. nuclear power policy and the proactive positioning of technology giants for nuclear power will jointly push uranium demand into a long-cycle growth channel. CNNC International, as CNNC Group’s core platform for overseas uranium resource development, is expected to fully benefit from this round of the long bull market in uranium.