Movement Alert｜CHINAGOLDINTL Rises 3.38% in Regular Trading, Gold Miners Strengthen as Broker Initiates Buy Rating

Market Focus10-16

On October 16, CHINAGOLDINTL rose 3.38% in regular trading, with the stock trading at HK$213.2 and turnover of HK$67.3174 million.

The move coincided with a broader rebound in Hong Kong-listed gold miners and followed a first-time buy initiation from a broker, which reinforced market expectations for capacity expansion and earnings growth.

Recent research highlighted that the Jiama mine is currently processing 34,000 tonnes per day, with a mid-term path to recover to 50,000 tonnes per day in 2027 and a longer-term expansion plan to 160,000 tonnes per day. The same report projected revenue of US$1.31 billion for 2025, up 73.15% year on year, and attributable net profit of US$467 million, up 644.37%; for the first half of 2026, revenue was cited at US$914 million, up 57.52%, with attributable net profit of about US$507 million, up 153.31%.

(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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