On July 8, Chifeng Gold fell 5.11% in regular trading, trading at 26.52 HKD/share, with turnover of 38.63 million HKD. The decline marks the third consecutive session of selling pressure following the company's Hong Kong exchange filing stating it is unaware of any undisclosed information that could explain recent unusual share price movements.

The stock had surged approximately 29% in the week ending July 3, driven by the controlling shareholder's full pledge clearance, gold prices holding above USD 4,000, and sector-wide momentum from weaker-than-expected US non-farm payroll data. However, since the company explicitly confirmed normal business operations and no material undisclosed information on July 4, short-term profit-taking has intensified. The gold sector is broadly under pressure today, with Zijin Mining down 1.39%, Zijin Gold International down 2.84%, Shandong Gold down 2.99%, and Lingbao Gold down 1.01%. Chifeng Gold's decline significantly exceeds sector peers, consistent with its outsized prior rally and elevated profit-taking pressure.

(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.)