WANGUO GOLD GP (03939) surged more than 7%, reaching a high of HK$17.32 to set a new record since its listing. As of the time of writing, the stock was up 7.39% at HK$17.15, with a turnover of HK$222 million. On the news front, U.S. retail sales for December 2025 fell short of expectations, slightly increasing anticipation for interest rate cuts. Meanwhile, the market is awaiting the release of the U.S. January non-farm payrolls report this Wednesday. David Wilson, head of commodity strategy at BNP Paribas, stated this week that the current rally in gold is "justified" amid ongoing macroeconomic and geopolitical risks. He suggested that gold prices could climb to $6,000 per ounce by year-end, with the gold-to-silver ratio also expected to rise further. WANGUO GOLD GP previously announced that it expects a profit attributable to company owners of approximately RMB 1.4 to 1.5 billion for the 2025 fiscal year, representing a year-on-year increase of about 143% to 161%. Analysts believe the company's significant projected growth in net profit for 2025 is largely driven by higher gold prices. The firm also highlighted promising expansion prospects for its Jinling Mine project, a subscription agreement with Jinshan Mining to accelerate the Jinling project's development, and continued increases in daily production output at the Jinling Mine.