On September 17, CHINAGOLDINTL fell 3.43% in regular trading, trading at 246.2 HKD/share, with turnover of 35.6086 million HKD.
On the news front, the U.S. Federal Reserve announced its September interest rate decision in the early hours of Beijing time, with markets having already priced in a greater than 92% probability of a 25-basis-point rate hike. The 10-year U.S. Treasury yield briefly breached the 5% threshold, and persistently elevated rate expectations continued to suppress gold prices, dragging the entire Hong Kong-listed gold sector lower. The company, which operates both the CSH Gold Mine in Inner Mongolia and the Jiama copper-gold polymetallic mine in Tibet, carries dual gold and copper exposure, making it particularly sensitive to commodity price declines driven by a stronger dollar.
Within the Gold sector, the broader group declined in tandem. Among individual stocks, SD GOLD fell 5.04%, LINGBAO GOLD fell 4.62%, ZHAOJIN MINING fell 4.43%, ZIJIN GOLD INTL fell 4.15%, and CHIFENG GOLD fell 3.25%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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