Stock Track | China Hanking Soars 5.46% Intraday on Acquisition of Remaining Stake in Gold Business

Stock Track03-27 09:49

China Hanking's stock surged 5.46% during intraday trading on Friday, following the company's announcement of a significant acquisition that would give it full ownership of its gold business.

The company revealed plans to acquire the remaining 9.56% stake in Hanking Gold, increasing its ownership from 90.44% to 100%. The transaction consideration totals approximately HK$814.6 million, to be settled through the issuance of new shares at HK$4.0 per share.

This acquisition provides China Hanking with complete control over gold assets that include 5.54 million ounces of gold resources and 2.62 million ounces of gold reserves under the JORC (2012) code, which investors likely view as a strategic move to consolidate valuable mining assets.

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/1195681850?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-27 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195681850","market":"us","top_or_hot":-1,"title":"Stock Track | China Hanking Soars 5.46% Intraday on Acquisition of Remaining Stake in Gold Business","media":"Stock Track","content":"<p>China Hanking's stock surged 5.46% during intraday trading on Friday, following the company's announcement of a significant acquisition that would give it full ownership of its gold business.</p><p>The company revealed plans to acquire the remaining 9.56% stake in Hanking Gold, increasing its ownership from 90.44% to 100%. The transaction consideration totals approximately HK$814.6 million, to be settled through the issuance of new shares at HK$4.0 per share.</p><p>This acquisition provides China Hanking with complete control over gold assets that include 5.54 million ounces of gold resources and 2.62 million ounces of gold reserves under the JORC (2012) code, which investors likely view as a strategic move to consolidate valuable mining assets.</p>","source":"ai_movement_en","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>Stock Track | China Hanking Soars 5.46% Intraday on Acquisition of Remaining Stake in Gold Business</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\">\nStock Track | China Hanking Soars 5.46% Intraday on Acquisition of Remaining Stake in Gold Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-03-27 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China Hanking's stock surged 5.46% during intraday trading on Friday, following the company's announcement of a significant acquisition that would give it full ownership of its gold business.</p><p>The company revealed plans to acquire the remaining 9.56% stake in Hanking Gold, increasing its ownership from 90.44% to 100%. The transaction consideration totals approximately HK$814.6 million, to be settled through the issuance of new shares at HK$4.0 per share.</p><p>This acquisition provides China Hanking with complete control over gold assets that include 5.54 million ounces of gold resources and 2.62 million ounces of gold reserves under the JORC (2012) code, which investors likely view as a strategic move to consolidate valuable mining assets.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03788","symbol_name":"中国罕王","start_time":0,"source_url":"","article_id":"1195681850","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195681850","pubTimestamp":1774576157,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"China Hanking's stock surged 5.46% during intraday trading on Friday, following the company's announcement of a significant acquisition that would give it full ownership of its gold business.The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03788":"中国罕王"},"translate_title":"股票赛道|收购黄金业务剩余股权中国罕王盘中大涨5.46%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03788":1},"content_text":"China Hanking's stock surged 5.46% during intraday trading on Friday, following the company's announcement of a significant acquisition that would give it full ownership of its gold business.The company revealed plans to acquire the remaining 9.56% stake in Hanking Gold, increasing its ownership from 90.44% to 100%. The transaction consideration totals approximately HK$814.6 million, to be settled through the issuance of new shares at HK$4.0 per share.This acquisition provides China Hanking with complete control over gold assets that include 5.54 million ounces of gold resources and 2.62 million ounces of gold reserves under the JORC (2012) code, which investors likely view as a strategic move to consolidate valuable mining assets.","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":"movement","news_rank":0,"symbols":[],"gpt_button":1,"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":"4.38.0","shortVersion":"4.38.0","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/1195681850","isCrawlerRequest":true}