On October 9, ZIJIN GOLD INTL rose 3.01% in regular trading, trading at 140.1港元/share, with Turnover of 4420.57万港元.
The movement was driven by a broad-based recovery across the gold sector following a collective pullback in the previous session. Market sentiment repaired as investors reassessed the outlook for precious metals miners after recent volatility tied to Federal Reserve policy expectations.
Despite lingering pressure from Fed rate hike expectations, multiple institutions have recently reiterated positive ratings on the stock. Haitong International initiated coverage with an Outperform rating and a target price of HK$182.2, while Morgan Stanley maintained an Overweight rating with a HK$189 target price, providing underlying support for the share price.
(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.)