On May 26, Zhaojin Mining rose 3.28% in regular trading, trading at 22.72 HKD/share, with trading volume of approximately HKD 137 million. The stock had previously declined over 30% from its highs following a fatal underground safety incident at its wholly-owned subsidiary Jintingling Mining, which triggered a full production halt across its Zhaoyuan-based mines, compounded by a management reshuffle and gold price weakness.

On the news front, market sources indicate that production mines in the Zhaoyuan region, excluding the accident mine, have confirmed resumption of operations. The actual output impact from the prior shutdown is lower than previously feared, easing concerns over the company's full-year gold production target. Additionally, on May 19, the company announced the appointment of Wang Leyi as the new Chairman, Executive Director, and President, replacing Jiang Guipeng, providing clarity on the leadership transition.

Within the gold sector, Zijin Mining rose 2.48% and China Gold International gained 0.76% today, with sector leader performance lending support to broader market sentiment and capital flows back into oversold gold names.

(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.)