On July 13, Chifeng Gold declined 3.3% in regular trading, trading around 28.1 HKD per share. The stock faced selling pressure amid broader weakness across the gold mining sector.

On the news front, the World Gold Council's latest report revealed that global physical gold ETFs recorded significant net outflows of $8.9 billion in June, with North American and Asian markets seeing pronounced profit-taking as gold investment demand further decelerated. On the technical side, spot gold remains under pressure near the $4,100 level, with market expectations around potential Fed rate hikes suppressing the rebound potential for gold prices.

Within the Gold sector, the overall sector declined broadly. Among individual stocks, Zijin Mining down 1.93%, Zijin Gold International down 1.63%, Zhaojin Mining down 1.19%, China Gold International down 1.51%, and Lingbao Gold down 2.67%. Chifeng Gold's decline ranked among the steepest in the sector.

(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.)