On May 28, China Gold International fell 3.56% in regular trading, trading at HKD 153.7 per share, with trading volume of HKD 55.40 million.

On the news front, the company announced that a localized slope instability event occurred at the Changshanhao gold mine on May 22, triggered by heavy rainfall between May 15-16 combined with complex geological conditions. The incident caused no casualties, as the slope monitoring radar issued advance warnings enabling timely evacuation of personnel and equipment. However, open-pit mining operations have been temporarily suspended, with ore processing currently maintained using low-grade stockpile inventory. The company has engaged external geotechnical experts to assess the situation and expects no material impact on annual production guidance.

The broader gold sector experienced broad-based weakness on the same day, amplifying selling pressure. Among sector peers, Zijin Mining fell 2.11%, Zhaojin Mining fell 2.96%, Lingbao Gold fell 5.64%, and Chifeng Gold fell 3.16%, reflecting synchronized sector-wide headwinds compounding the stock-specific operational disruption.

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