Brokerage Firms' February Top Stocks Announced: Electronics Industry is the hottest, with non-ferrous metals and automotive reduction leading the way

A-shares enter the February trading period during the Spring Festival, so which sectors and stocks are major brokerages favoring?

Overall, in terms of industry sectors, electronics remain the most heavily weighted industry among the February “gold stocks.” From a relative change perspective, building materials saw the largest increase in allocation among the February gold stocks. Non-ferrous metals and automobiles, on the other hand, experienced a significant decrease in weight within brokerages’ February gold stock lists.

Regarding individual stocks, data from Kaiyuan Securities’ research reports show that, after deduplication of all 38 brokerages’ recommended gold stocks, Zijin Mining (601899), Zhongji Xuchuang (300308), Haiguang Information (688041), and Wanhua Chemical (600309) are the most popular.

Electronics has the highest weight, with a significant reduction in non-ferrous metals

In terms of industry sectors, Guosen Securities’ research report indicates that, after deduplication of the brokerage stock pools, the February 2026 gold stocks have high allocations in electronics, machinery, basic chemicals, non-ferrous metals, power equipment, and new energy sectors, based on absolute proportions.

Kaiyuan Securities’ research results also show that the electronics sector has the highest weight among brokerages’ February gold stocks at 13.0%; non-ferrous metals follow closely at 8.5%; basic chemicals and machinery equipment are next, each at 8.0%.

Regarding industry weight changes, multiple brokerage reports indicate that building materials saw a notable increase in weight among February gold stocks.

Guosen Securities data shows that compared to January 2026, the sectors with the largest increases in brokerage gold stock weights in February are transportation, building materials, and retail trade, with increases of 1.29%, 1.07%, and 1.02%, respectively.

Kaiyuan Securities’ data points out that, in terms of relative change, brokerages increased their allocations to media, food and beverages, and building materials sectors by 1.4%, 1.1%, and 1.1%, respectively, in February.

In terms of decreases, both Guosen Securities and Kaiyuan Securities data show that in December 2025, brokerage gold stocks reduced their holdings in non-ferrous metals and automotive sectors significantly.

Kaiyuan Securities’ data indicates that the sectors with the largest weight reductions in February are automobiles, non-ferrous metals, and power equipment, decreasing by 2.4%, 1.5%, and 1.3%, respectively. Guosen Securities shows reductions of 2.10%, 1.85%, and 1.22% in non-ferrous metals, automobiles, and defense military industries.

“Market value levels and valuation levels of brokerage gold stocks declined in February, which may indicate a shift toward a value style,” said Kaiyuan Securities.

Zijin Mining, Zhongji Xuchuang, Haiguang Information, and Wanhua Chemical are among the most popular

On the individual stock level, Kaiyuan Securities’ data shows that among the recommended gold stocks in February 2026, Zijin Mining (601899), Zhongji Xuchuang (300308), Haiguang Information (688041), and Wanhua Chemical (600309) were recommended most frequently, each with a total of 7 recommendations.

China Ping An (601318) and China Pacific Insurance (601601) follow closely, with 6 and 5 recommendations respectively.

China Duty Free (601888), GigaDevice (603986), China Jushi (600176), EasySun (300502), WuXi AppTec (603259), were recommended 4 times each.

Satellite Chemical (002658), CATL (300750), Luoyang Molybdenum (603993), Top Group (601689), were each recommended 3 times.

Among the new additions to the gold stock list in February (compared to the January 2026 list), Kweichow Moutai (600519) was recommended most frequently, with 6 recommendations.

Foster (603806) followed with 4 recommendations. Shandong Gold (600547), China Life (601628), and others, each received 3 recommendations.

Anhui Food (603345), Huatian Electric (002463), China National Machinery Industry Corporation (002046), Ningbo Bank (002142), Oriental Yuhong (002271), ChaoHongji (002345), Lepu Medical (300003), Nengke Technology (603859), China Merchants Shekou (001979), Runze Technology (300442), Dier Laser (300776), each received 2 recommendations.

In terms of popular sectors, the hottest stock in electronics is Haiguang Information, recommended 7 times. The top in non-ferrous metals is Zijin Mining, also recommended 7 times. The most popular in basic chemicals is Wanhua Chemical, with 7 recommendations.

In machinery and equipment, Guoji Jinggong, Jereh Group, Yingweike, and Yingliu Co., Ltd., each recommended twice; Foster in power equipment was recommended 4 times.

In other hot sectors, Zhongji Xuchuang in communications was recommended most frequently; China Ping An in non-bank financials is the most popular; WuXi AppTec in pharmaceuticals and biotech was recommended most; Tonghuashun, Nengke Technology, Kingsoft Office, and Hehe Information lead in computer sector recommendations.

In the automotive sector, Top Group is the most watched; in media, Kaiying Network, GigaMedia, and Century Huatong are the hottest; in food and beverages, Kweichow Moutai has the highest number of recommendations.

Market analysts say that if a stock in the brokerage gold stock pool has relatively low market attention initially, its recommendation as a gold stock by brokerage analysts can significantly boost its market attention. Therefore, it is possible to identify brokerage gold stocks that have received less market focus early on.

“To some extent, most brokerages’ top ten gold stocks disclosed at the beginning of each month reflect analysts’ consensus expectations. Additionally, brokerage gold stocks also incorporate forward-looking insights from quantitative analysis systems that absorb fundamental research.” However, a chief quantitative analyst at a Shanghai-based brokerage further pointed out, “As market attention to brokerage gold stocks increases, investors seeking to generate excess returns within these portfolios will need to further refine their selection of brokerage gold stocks.”

(Source: The Paper)