Movement Alert｜ZIJIN GOLD INTL rises 3.34% in Regular Trading, gold sector rebound and shareholder custody move in focus

Market Focus11-04

On November 4, ZIJIN GOLD INTL rose 3.34% in regular trading, trading at HK$120.3, with turnover of HK$22.88 million.

The move coincided with a rebound across Hong Kong-listed gold shares and a newly disclosed shareholder custody change. Sector peers also advanced, including LINGBAO GOLD up 3.77%, CHIFENG GOLD up 4.5%, SD GOLD up 2.8%, ZHAOJIN MINING up 1.9%, and CHINAGOLDINTL up 1.94%.

Public filings show that on November 3, a shareholder deposited 92.0217 million shares of ZIJIN GOLD INTL into UBS Securities Hong Kong, corresponding to a custody market value of about HK$13.169 billion and 4.21% of the company. Separately, the company previously disclosed that revenue for the first nine months reached US$5.809 billion, up 70% year on year, while profit attributable to owners of the parent rose 123% to US$2.015 billion, although implied third-quarter revenue and profit were lower quarter on quarter.

(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