Wanguo Gold Group's stock plummeted 12.36% during the intraday session on Thursday, marking a significant decline for the Hong Kong-listed gold producer.
The sharp drop followed the company's release of its full-year financial results and dividend declaration after market close on the previous day. Concurrently, a broad selloff was observed across the Hong Kong gold sector, with multiple major gold stocks recording substantial losses during the same trading period, indicating heightened sector-wide pressure.
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