Movement Alert|Zijin Mining Falls 3.27% in Regular Trading, Gold Sector Extends Correction Under Broad Selling Pressure

Market Focus
06/04

On June 4, Zijin Mining fell 3.27% in regular trading, trading at 32.98 HKD/share, with trading volume of 222 million HKD.

On the news front, the gold sector continued its profit-taking trajectory, with sector-wide weakness persisting after gold prices had surged on earlier geopolitical events. The market has been digesting prior gains, with selling pressure yet to be fully released. Zijin Mining had already undergone multiple consecutive days of adjustment, with capital flows remaining in net outflow status and a bearish technical pattern intact. Peers across the sector declined in tandem, with China Gold International down 3.8%, SD Gold down 2.7%, Lingbao Gold down 2.63%, Zhaojin Mining down 2.43%, and Zijin Gold International down 1.84%.

Although S&P recently confirmed the company's BBB credit rating and upgraded its outlook to positive, the short-term market remains dominated by technical correction. Since its historical secondary high, the stock has experienced a cumulative drawdown exceeding 30%, with institutional capital continuing to flow out despite unanimous buy ratings from 16 out of 21 covering brokerages.

(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.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10