On May 29, Chifeng Gold rose 3.51% in regular trading, trading at HK$31.94/share, with trading volume of approximately HK$23.54 million.

On the news front, the gold sector staged a collective rebound after two consecutive days of sector-wide pressure. Within the sector, Zijin Gold International gained 2.98%, Lingbao Gold rose 3.3%, Zhaojin Mining climbed 1.77%, Zijin Mining advanced 1.58%, and China Gold International added 1.67%.

Additionally, Chifeng Gold recently announced the early termination of its third employee stock ownership plan due to 2025 gold production falling short of performance assessment targets. The company plans to repurchase and cancel approximately 15.18 million A-shares held under the plan, representing about 0.80% of total share capital. The registered capital will be reduced accordingly from RMB 1,900,411,178 to RMB 1,885,228,578. The share cancellation is expected to enhance earnings per share going forward.

(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.)