On June 8, Chifeng Gold fell 6.57% in regular trading, trading at 27.3 HKD/share, with trading volume of 39.32 million HKD. The gold sector suffered broad-based heavy losses, with ZIJIN GOLD INTL down 6.22%, LINGBAO GOLD down 5.96%, CHINAGOLDINTL down 3.88%, and ZHAOJIN MINING down 3.77%.

On the macro front, the U.S. May non-farm payrolls surged by 172,000 jobs, nearly double the market expectation of 88,000. Prior months were also revised upward by a combined 93,000 positions, marking the strongest three-month hiring pace in over two years. The data triggered a sharp selloff in U.S. Treasuries, with the rate market now fully pricing in a 25-basis-point Fed rate hike by December, with approximately 60% probability of an October hike. The dollar strengthened while spot gold plunged roughly 3.3%, severely pressuring USD-denominated gold assets.

Additionally, the company previously announced the early termination of its third employee stock ownership plan and buyback cancellation of approximately 15.18 million A-shares due to gold production falling short of assessment targets, with market sentiment still digesting this development.

(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.)