On June 29, China Gold International rose 5.08% in regular trading, reaching HK$122.7 per share, with turnover of approximately HK$105 million.

The rally comes as the gold mining sector staged a broad-based technical rebound following a steep multi-day selloff. In the preceding sessions, international gold prices had broken below the key US$4,000/oz psychological threshold to hit a seven-month low, triggering heavy selling across gold equities. Multiple Wall Street banks, including Goldman Sachs, Deutsche Bank, and BMO Capital Markets, collectively downgraded gold price targets, with Goldman cutting its year-end forecast by US$500 to US$4,900 and Deutsche Bank slashing its Q3 estimate by over 20% to US$4,300. China Gold International had fallen as much as 9% in a single session during the downturn.

Within the Gold sector, individual stocks generally rebounded, with Zhaojin Mining up 4.57%, SD Gold up 3.44%, Zijin Mining up 2.11%, Zijin Gold International up 2.08%, and Lingbao Gold down 0.16%.

(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.)