On September 17, SD GOLD fell 3.42% in regular trading, trading at HK$23.38/share, with turnover of HK$64.01 million. The decline came after the U.S. Federal Reserve announced a 25-basis-point rate hike in the early hours, raising the benchmark rate to 3.75%–4.00% — the first increase in nearly three years — while the dot plot signaled the possibility of an additional hike before year-end.

The hawkish move and forward guidance pushed gold prices sharply lower, with spot gold having already breached the US$4,300 level in recent sessions amid surging U.S. Treasury yields and a strengthening dollar. The entire gold mining sector came under heavy selling pressure. Within the Gold sector, ZHAOJIN MINING fell 4.33%, LINGBAO GOLD fell 4.29%, CHINAGOLDINTL fell 3.90%, ZIJIN GOLD INTL fell 3.47%, and CHIFENG GOLD fell 3.00%.

SD GOLD reported H1 attributable net profit of RMB 35.43 billion, up 26.17% year-on-year, demonstrating earnings resilience even as revenue dipped 5.6%. The company is scheduled to hold its interim results briefing on September 24.

(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.)