Movement Alert｜Shandong Gold Mining Falls 7.12% in Regular Trading, Gold Price Correction Compounded by RMB 7.05 Billion Fair Value Loss

Market Focus06-08

On June 8, Shandong Gold Mining (01787.HK) fell 7.12% in regular trading, trading at HKD 21.88/share, with trading volume of HKD 77.74 million.

On the news front, international gold prices continued their downward adjustment, with escalating US-Iran tensions and rising Fed rate hike expectations exerting dual pressure on gold prices, dragging the entire gold sector lower. Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Jinkong plans to transfer 14.13% of Donghai Securities shares to Soochow Securities for RMB 19.45 billion, and will recognize approximately RMB 7.05 billion in fair value change losses on its entire 18.71% Donghai Securities holdings, directly reducing current-period profit by the same amount.

The broader gold sector saw widespread declines, with Zijin Gold International down 5.63%, Lingbao Gold down 5.76%, China Gold International down 3.88%, Zijin Mining down 3.64%, and Zhaojin Mining down 3.52%. The Shenwan precious metals sector has seen an average year-to-date pullback of 46%, with Shandong Gold's A-share price retreating over 55% from its late-January high.

(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.)

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/1136465709?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-08 10:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1136465709","market":"us","top_or_hot":-1,"title":"Movement Alert｜Shandong Gold Mining Falls 7.12% in Regular Trading, Gold Price Correction Compounded by RMB 7.05 Billion Fair Value Loss","media":"Market Focus","content":"<p><p>On June 8, Shandong Gold Mining (01787.HK) fell 7.12% in regular trading, trading at HKD 21.88/share, with trading volume of HKD 77.74 million.</p><p>On the news front, international gold prices continued their downward adjustment, with escalating US-Iran tensions and rising Fed rate hike expectations exerting dual pressure on gold prices, dragging the entire gold sector lower. Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Jinkong plans to transfer 14.13% of Donghai Securities shares to Soochow Securities for RMB 19.45 billion, and will recognize approximately RMB 7.05 billion in fair value change losses on its entire 18.71% Donghai Securities holdings, directly reducing current-period profit by the same amount.</p><p>The broader gold sector saw widespread declines, with Zijin Gold International down 5.63%, Lingbao Gold down 5.76%, China Gold International down 3.88%, Zijin Mining down 3.64%, and Zhaojin Mining down 3.52%. The Shenwan precious metals sector has seen an average year-to-date pullback of 46%, with Shandong Gold's A-share price retreating over 55% from its late-January high.</p><p>(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.)</p></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>Movement Alert｜Shandong Gold Mining Falls 7.12% in Regular Trading, Gold Price Correction Compounded by RMB 7.05 Billion Fair Value Loss</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\">\nMovement Alert｜Shandong Gold Mining Falls 7.12% in Regular Trading, Gold Price Correction Compounded by RMB 7.05 Billion Fair Value Loss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-08 10:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 8, Shandong Gold Mining (01787.HK) fell 7.12% in regular trading, trading at HKD 21.88/share, with trading volume of HKD 77.74 million.</p><p>On the news front, international gold prices continued their downward adjustment, with escalating US-Iran tensions and rising Fed rate hike expectations exerting dual pressure on gold prices, dragging the entire gold sector lower. Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Jinkong plans to transfer 14.13% of Donghai Securities shares to Soochow Securities for RMB 19.45 billion, and will recognize approximately RMB 7.05 billion in fair value change losses on its entire 18.71% Donghai Securities holdings, directly reducing current-period profit by the same amount.</p><p>The broader gold sector saw widespread declines, with Zijin Gold International down 5.63%, Lingbao Gold down 5.76%, China Gold International down 3.88%, Zijin Mining down 3.64%, and Zhaojin Mining down 3.52%. The Shenwan precious metals sector has seen an average year-to-date pullback of 46%, with Shandong Gold's A-share price retreating over 55% from its late-January high.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01787","symbol_name":"山东黄金","start_time":0,"source_url":"","article_id":"1136465709","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136465709","pubTimestamp":1780884543,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 8, Shandong Gold Mining (01787.HK) fell 7.12% in regular trading, trading at HKD 21.88/share, with trading volume of HKD 77.74 million.On the news front, international gold prices continued...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01787":"山东黄金"},"translate_title":"动静快讯|山东黄金矿业常规交易跌7.12%金价回调复合70.5亿公允价值亏损","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01787":1},"content_text":"On June 8, Shandong Gold Mining (01787.HK) fell 7.12% in regular trading, trading at HKD 21.88/share, with trading volume of HKD 77.74 million.On the news front, international gold prices continued their downward adjustment, with escalating US-Iran tensions and rising Fed rate hike expectations exerting dual pressure on gold prices, dragging the entire gold sector lower. Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Jinkong plans to transfer 14.13% of Donghai Securities shares to Soochow Securities for RMB 19.45 billion, and will recognize approximately RMB 7.05 billion in fair value change losses on its entire 18.71% Donghai Securities holdings, directly reducing current-period profit by the same amount.The broader gold sector saw widespread declines, with Zijin Gold International down 5.63%, Lingbao Gold down 5.76%, China Gold International down 3.88%, Zijin Mining down 3.64%, and Zhaojin Mining down 3.52%. The Shenwan precious metals sector has seen an average year-to-date pullback of 46%, with Shandong Gold's A-share price retreating over 55% from its late-January high.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":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,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","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/1136465709","isCrawlerRequest":true}