On June 11, Shandong Gold fell 3.13% at open, trading at 20.42 HKD/share, with trading volume of 331,800 HKD.

On the news front, international gold prices continued to decline, with spot gold previously breaking below 4,300 USD/oz. US May non-farm payrolls added 172,000 jobs, nearly double the market expectation of 88,000 and well above April's 115,000. Goldman Sachs economists no longer expect the Fed to cut rates this year, pushing their final two rate cut forecasts to June and December 2027. The 10-year US Treasury yield surged to 4.55%, creating persistent downward pressure on gold prices.

Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Financial Holdings plans to transfer a 14.13% stake in Donghai Securities to Soochow Securities, recognizing approximately 705 million yuan in fair value change losses on its entire 18.71% holding, directly reducing current-period total profit.

Within the Gold sector, peers also declined broadly: Zijin Mining down 2.56%, Zijin Gold International down 3.0%, Zhaojin Mining down 3.62%, Chifeng Gold down 3.12%, and Lingbao Gold down 3.27%.

(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.)