On August 31, ZHAOJIN MINING fell 8.44% in regular trading, trading at 23.0 HKD/share, with turnover of HKD 208 million. The decline was driven by a broad sell-off across the gold sector and company-specific production headwinds stemming from ongoing mine shutdowns.

The gold sector weakened sharply, with LINGBAO GOLD down 7.18%, CHIFENG GOLD down 7.12%, CHINAGOLDINTL down 6.73%, and ZIJIN GOLD INTL down 6.33%. ZHAOJIN MINING led sector losses as fundamental concerns amplified selling pressure.

According to the company's recently disclosed interim results, first-half total gold output was 12.53 tonnes, down 12.33% year-on-year, with mine-produced gold falling 21.87% as affected mines remain shut. Analysts noted that second-quarter net profit attributable to shareholders declined approximately 67% quarter-on-quarter, primarily due to expanded fair value losses and declining output. The production gap for mine-produced gold in the second half is expected to widen further, deepening fundamental concerns and intensifying intraday selling pressure alongside sector-wide weakness.

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