Movement Alert|Zijin Mining Falls 3.43% in Regular Trading, Gold Sector Extends Weakness as Bullion Prices Remain Under Pressure

Market Focus
06/22

On June 22, Zijin Mining declined 3.43% in regular trading, trading at HKD 30.6/share, with turnover of HKD 340 million.

On the news front, spot gold prices had previously fallen to a six-month low, with a stronger US dollar and rising US Treasury yields continuing to suppress the valuation of non-yielding gold assets. Compounding the pressure, expectations of further Federal Reserve rate hikes have intensified, keeping the gold sector under sustained selling pressure.

Within the Gold sector, the overall industry exhibited broad-based weakness. Among individual stocks, Lingbao Gold fell 7.09%, SD Gold fell 5.31%, Zhaojin Mining fell 5.06%, China Gold International fell 4.97%, and Zijin Gold International fell 3.1%, reflecting a sector-wide decline pattern.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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