Movement Alert|ZIJIN GOLD INTL Rises 3.06% in Regular Trading, Gold Sector Recovery Combined with United Gold Acquisition Approaching Delivery

Market Focus
07/29

On July 29, ZIJIN GOLD INTL rose 3.06% in regular trading, trading at 117.8 HKD/share, with turnover of HKD 397 million. The movement was driven by a broad gold sector recovery and the approaching completion of a major acquisition.

On the news front, the company's approximately USD 4 billion all-cash acquisition of Canadian United Gold has received Ethiopian regulatory approval, with the delivery window now imminent. Upon completion, the company's global gold mine portfolio will expand to 12 mines across 12 countries, with overseas gold resource volume and production scale expected to leap into the industry's top tier, providing fundamental support for the stock price.

Within the Gold sector, the overall sector showed strength. Among individual stocks, LINGBAO GOLD up 3.04%, ZHAOJIN MINING up 2.35%, SD GOLD up 1.75%, CHINAGOLDINTL up 1.51%, ZIJIN MINING up 1.23%.

(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。

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