On July 22, Chifeng Gold rose 4.47% in regular trading, trading at HK$29.46/share, with turnover of HK$44.16 million. The stock continued its technical recovery following last week's sharp selloff triggered by JPMorgan's reduction of approximately 479,200 shares and broader gold sector pressure, which had previously pushed its A-shares to the limit-down level with a weekly cumulative decline of over 8%.

On the fundamental side, the company disclosed that its H1 attributable net profit is expected to reach RMB 1.70 billion to RMB 1.78 billion, representing a year-over-year increase of 54% to 61%, primarily driven by a roughly 43% rise in the average gold selling price. Gold prices have stabilized near the US$4,000 level, providing price support for the sector.

Within the Gold sector, Lingbao Gold rose 7.44%, Zijin Gold International rose 4.34%, Zijin Mining rose 4.31%, Zhaojin Mining rose 2.85%, and SD Gold rose 2.11%, reflecting a broad-based sector recovery.

(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.)