On July 6, Shandong Gold Mining rose 3.35% in regular trading, trading at HKD 20.2/share, with turnover of HKD 67.09 million.

On the news front, the Hong Kong Gold Central Clearing System is scheduled to officially launch on July 7, initially adopting London delivery standards with 11 banks participating. The market expects this initiative to enhance Asian gold trading efficiency and benefit domestic gold mining companies. Meanwhile, previously released US June non-farm payrolls added only 57,000 jobs, less than half of expectations, further reducing the probability of near-term Fed rate hikes and supporting gold prices.

The gold sector broadly extended its oversold rebound. Within the Gold sector, ZIJIN MINING rose 1.82%, ZIJIN GOLD INTL rose 1.58%, LINGBAO GOLD rose 1.40%, ZHAOJIN MINING rose 0.83%, while CHIFENG GOLD declined 2.18%.

(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.)