HK Stock Alert | CHINA HANKING (03788) Plunges Then Rebounds Over 10% on Strategic Revamp, Updates JORC Gold Resources

Stock News01-15

CHINA HANKING (03788) reversed sharply after a steep opening decline, surging more than 10% during the trading session. At the time of writing, the stock was up 8.47%, trading at HK$4.61, with a turnover of HK$93.5034 million.

The company announced a strategic adjustment, focusing its human and financial resources to fully support the development and production commencement of the Mt Bundy gold project, while maintaining stable production operations of its iron ore and high-purity iron businesses in China.

Acting as the platform for its gold business development, the company has terminated the previously proposed spin-off and separate listing plan for Hanking Gold.

Furthermore, to reflect the increased gold resources and reserves, and its strategic goal of becoming a mid-tier gold producer, the company intends to change its name to "Hanking Gold International Ltd."

Additionally, the company recently announced that, following the completion of the Phase 1 Pre-Feasibility Study for the Cygnet gold project and the updated Definitive Feasibility Study for the Mt Bundy gold project, an independent assessment by SRK China in accordance with listing rules showed a 53.1% increase in the combined ore reserve to 2.62 million ounces, with the JORC-compliant gold resource rising to 5.54 million ounces.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131158399?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-15 11:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131158399","market":"fut","top_or_hot":-1,"title":"HK Stock Alert | CHINA HANKING (03788) Plunges Then Rebounds Over 10% on Strategic Revamp, Updates JORC Gold Resources","media":"Stock News","content":"<p>CHINA HANKING (03788) reversed sharply after a steep opening decline, surging more than 10% during the trading session. At the time of writing, the stock was up 8.47%, trading at HK$4.61, with a turnover of HK$93.5034 million.</p>\n<p>The company announced a strategic adjustment, focusing its human and financial resources to fully support the development and production commencement of the Mt Bundy gold project, while maintaining stable production operations of its iron ore and high-purity iron businesses in China.</p>\n<p>Acting as the platform for its gold business development, the company has terminated the previously proposed spin-off and separate listing plan for Hanking Gold.</p>\n<p>Furthermore, to reflect the increased gold resources and reserves, and its strategic goal of becoming a mid-tier gold producer, the company intends to change its name to \"Hanking Gold International Ltd.\"</p>\n<p>Additionally, the company recently announced that, following the completion of the Phase 1 Pre-Feasibility Study for the Cygnet gold project and the updated Definitive Feasibility Study for the Mt Bundy gold project, an independent assessment by SRK China in accordance with listing rules showed a 53.1% increase in the combined ore reserve to 2.62 million ounces, with the JORC-compliant gold resource rising to 5.54 million ounces.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Stock Alert | CHINA HANKING (03788) Plunges Then Rebounds Over 10% on Strategic Revamp, Updates JORC Gold Resources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK Stock Alert | CHINA HANKING (03788) Plunges Then Rebounds Over 10% on Strategic Revamp, Updates JORC Gold Resources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-01-15 11:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CHINA HANKING (03788) reversed sharply after a steep opening decline, surging more than 10% during the trading session. At the time of writing, the stock was up 8.47%, trading at HK$4.61, with a turnover of HK$93.5034 million.</p>\n<p>The company announced a strategic adjustment, focusing its human and financial resources to fully support the development and production commencement of the Mt Bundy gold project, while maintaining stable production operations of its iron ore and high-purity iron businesses in China.</p>\n<p>Acting as the platform for its gold business development, the company has terminated the previously proposed spin-off and separate listing plan for Hanking Gold.</p>\n<p>Furthermore, to reflect the increased gold resources and reserves, and its strategic goal of becoming a mid-tier gold producer, the company intends to change its name to \"Hanking Gold International Ltd.\"</p>\n<p>Additionally, the company recently announced that, following the completion of the Phase 1 Pre-Feasibility Study for the Cygnet gold project and the updated Definitive Feasibility Study for the Mt Bundy gold project, an independent assessment by SRK China in accordance with listing rules showed a 53.1% increase in the combined ore reserve to 2.62 million ounces, with the JORC-compliant gold resource rising to 5.54 million ounces.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1225","symbol_name":"钢铁","start_time":0,"source_url":"","article_id":"1131158399","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131158399","pubTimestamp":1768448303,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CHINA HANKING (03788) reversed sharply after a steep opening decline, surging more than 10% during the trading session. At the time of writing, the stock was up 8.47%, trading at HK$4.61, with a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1225":"钢铁","03788":"中国罕王","BK4017":"黄金","GORO":"黄金资源"},"translate_title":"港股快讯|中国罕王(03788)因战略重组、JORC Gold Resources更新暴跌后反弹逾10%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GORO":1,"03788":1},"content_text":"CHINA HANKING (03788) reversed sharply after a steep opening decline, surging more than 10% during the trading session. At the time of writing, the stock was up 8.47%, trading at HK$4.61, with a turnover of HK$93.5034 million.\nThe company announced a strategic adjustment, focusing its human and financial resources to fully support the development and production commencement of the Mt Bundy gold project, while maintaining stable production operations of its iron ore and high-purity iron businesses in China.\nActing as the platform for its gold business development, the company has terminated the previously proposed spin-off and separate listing plan for Hanking Gold.\nFurthermore, to reflect the increased gold resources and reserves, and its strategic goal of becoming a mid-tier gold producer, the company intends to change its name to \"Hanking Gold International Ltd.\"\nAdditionally, the company recently announced that, following the completion of the Phase 1 Pre-Feasibility Study for the Cygnet gold project and the updated Definitive Feasibility Study for the Mt Bundy gold project, an independent assessment by SRK China in accordance with listing rules showed a 53.1% increase in the combined ore reserve to 2.62 million ounces, with the JORC-compliant gold resource rising to 5.54 million ounces.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131158399","isCrawlerRequest":true}