On July 28, CHIFENG GOLD fell 3.06% in regular trading, trading at 31.3 HKD/share, with turnover of approximately 35.85 million HKD.

On the news front, the gold sector came under broad selling pressure after the US ceased military operations against Iran over the weekend, easing geopolitical tensions and diminishing the safe-haven premium that had supported gold prices. Sector peers declined in tandem, with Zijin Gold International down 3.88%, Lingbao Gold down 2.27%, China Gold International down 0.65%, and Zijin Mining down 0.92%.

Additionally, CHIFENG GOLD had accumulated gains exceeding 40% over the prior month, intensifying short-term profit-taking pressure. On the fundamental side, the company guided H1 attributable net profit of 1.70 billion to 1.78 billion yuan, representing 54% to 61% year-over-year growth, driven by a roughly 43% increase in gold average selling prices. Zijin Mining plans a strategic investment to acquire an indirect stake of approximately 25.85%.

(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.)