On August 24, ZHAOJIN MINING rose 3.76% in regular trading, trading at 26.28 HKD/share, with turnover of HKD 161 million. The rebound follows a typical valuation recovery pattern after the sell-the-news pressure from August 21 was fully digested.

The company officially released its interim results on August 23, reporting revenue of RMB 9.022 billion, up 29.38% year-over-year; net profit of RMB 2.105 billion, up 18.50%; and gross margin expanding from 43.74% to 48.18%, with gross profit surging 42.51%. Earnings per share came in at RMB 0.42, up 10.75%. On August 21, the stock had dropped 3.01% on a sell-the-news reaction despite peers rallying. The current recovery reflects the market re-pricing the strong fundamentals after short-term profit-taking cleared. Additionally, the company added 28.46 tons of gold metal reserves in H1 and increased exploration investment to RMB 92 million, bolstering long-term production capacity.

Within the Gold sector, peers traded weaker, with SD GOLD down 1.24%, CHIFENG GOLD down 2.05%, LINGBAO GOLD down 0.40%, and CHINAGOLDINTL down 0.92%.

(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.)