Movement Alert｜MERDEKAGOLD-DRS Falls 5.23% in Regular Trading, Gold Sector Weakness Compounds First-Quarter Loss Pressure

Market Focus07-07

On July 7, MERDEKAGOLD-DRS declined 5.23% in regular trading, trading at HK$25.0 per share, with turnover of HK$25.20 million.

On the news front, the gold sector experienced broad-based weakness, with major peers including Zijin Mining falling 3.53%, Zijin Gold International down 4.64%, China Gold International declining 4.45%, Lingbao Gold losing 4.49%, and Zhaojin Mining dropping 3.57%, creating significant sector-wide headwinds.

Fundamentally, the company reported a net loss attributable to shareholders of US$10.93 million for the first quarter ended March 31, on revenue of just US$2.64 million. General and administrative expenses surged to US$7.70 million, while operating cash flow recorded a net outflow of US$24.89 million. The stock listed on June 26 at an offer price of HK$26.60, broke below issue price on its debut closing at HK$24.86, and has remained under pressure since.

(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/1199107240?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-07 13:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1199107240","market":"hk","top_or_hot":-1,"title":"Movement Alert｜MERDEKAGOLD-DRS Falls 5.23% in Regular Trading, Gold Sector Weakness Compounds First-Quarter Loss Pressure","media":"Market Focus","content":"<p><p>On July 7, MERDEKAGOLD-DRS declined 5.23% in regular trading, trading at HK$25.0 per share, with turnover of HK$25.20 million.</p><p>On the news front, the gold sector experienced broad-based weakness, with major peers including Zijin Mining falling 3.53%, Zijin Gold International down 4.64%, China Gold International declining 4.45%, Lingbao Gold losing 4.49%, and Zhaojin Mining dropping 3.57%, creating significant sector-wide headwinds.</p><p>Fundamentally, the company reported a net loss attributable to shareholders of US$10.93 million for the first quarter ended March 31, on revenue of just US$2.64 million. General and administrative expenses surged to US$7.70 million, while operating cash flow recorded a net outflow of US$24.89 million. The stock listed on June 26 at an offer price of HK$26.60, broke below issue price on its debut closing at HK$24.86, and has remained under pressure since.</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｜MERDEKAGOLD-DRS Falls 5.23% in Regular Trading, Gold Sector Weakness Compounds First-Quarter Loss Pressure</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｜MERDEKAGOLD-DRS Falls 5.23% in Regular Trading, Gold Sector Weakness Compounds First-Quarter Loss Pressure\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\">2026-07-07 13:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 7, MERDEKAGOLD-DRS declined 5.23% in regular trading, trading at HK$25.0 per share, with turnover of HK$25.20 million.</p><p>On the news front, the gold sector experienced broad-based weakness, with major peers including Zijin Mining falling 3.53%, Zijin Gold International down 4.64%, China Gold International declining 4.45%, Lingbao Gold losing 4.49%, and Zhaojin Mining dropping 3.57%, creating significant sector-wide headwinds.</p><p>Fundamentally, the company reported a net loss attributable to shareholders of US$10.93 million for the first quarter ended March 31, on revenue of just US$2.64 million. General and administrative expenses surged to US$7.70 million, while operating cash flow recorded a net outflow of US$24.89 million. The stock listed on June 26 at an offer price of HK$26.60, broke below issue price on its debut closing at HK$24.86, and has remained under pressure since.</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":"06228","symbol_name":"MERDEKAGOLD-DRS","start_time":0,"source_url":"","article_id":"1199107240","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1199107240","pubTimestamp":1783403243,"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 July 7, MERDEKAGOLD-DRS declined 5.23% in regular trading, trading at HK$25.0 per share, with turnover of HK$25.20 million.On the news front, the gold sector experienced broad-based weakness, with...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06228":"MERDEKAGOLD-DRS"},"translate_title":"动向提示|MERDEKAGOLD-DRS常规交易下跌5.23%黄金板块疲软加剧首季亏损压力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06228":1},"content_text":"On July 7, MERDEKAGOLD-DRS declined 5.23% in regular trading, trading at HK$25.0 per share, with turnover of HK$25.20 million.On the news front, the gold sector experienced broad-based weakness, with major peers including Zijin Mining falling 3.53%, Zijin Gold International down 4.64%, China Gold International declining 4.45%, Lingbao Gold losing 4.49%, and Zhaojin Mining dropping 3.57%, creating significant sector-wide headwinds.Fundamentally, the company reported a net loss attributable to shareholders of US$10.93 million for the first quarter ended March 31, on revenue of just US$2.64 million. General and administrative expenses surged to US$7.70 million, while operating cash flow recorded a net outflow of US$24.89 million. The stock listed on June 26 at an offer price of HK$26.60, broke below issue price on its debut closing at HK$24.86, and has remained under pressure since.(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":true,"editions":null,"column":"","sentiment":"-1","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":"4.46.0","shortVersion":"4.46.0","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/1199107240","isCrawlerRequest":true}