Hong Kong stocks saw notable movement, with Zijin Mining (02899) climbing nearly 4% before midday, up 3.68% at HK$28.7 as of the time of writing, with turnover of HK$711 million.
On the news front, Zijin Mining recently announced its results for the first three quarters of 2026, with operating revenue of approximately RMB283.453 billion, up 11.51% year on year, and net profit attributable to shareholders of the listed company of approximately RMB57.526 billion, up 51.93% year on year.
The announcement said the acquisition of control over Chifeng Gold was successfully completed on October 22, 2026. By obtaining control of Chifeng Gold, the company successfully acquired a group of producing gold mines with favorable mineralization conditions and excellent resource endowments. This acquisition represents a new layout by the company in an important gold metallogenic belt, and will effectively enhance the company's gold resource reserves, increase its gold production scale, and continue to consolidate its position and influence in the global gold industry.
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