On June 1, Zijin Gold International rose 3.16% in regular trading, reaching 132.6 HKD/share, with trading volume of HKD 184 million. The stock outperformed its sector peers as the broader gold mining group posted moderate gains.

On the news front, the company announced on May 31 that the deadline for its proposed acquisition of 100% equity in Allied Gold Corporation has been extended to July 29, as certain key regulatory approvals remain pending. The company stated it will continue to fulfill its obligations under the Arrangement Agreement. Meanwhile, international spot gold prices remain elevated near the USD 4,500/oz level, supported by central bank purchases and ongoing geopolitical uncertainties, providing a favorable backdrop for gold miners.

Within the Gold sector, individual stocks posted gains: Zijin Mining up 1.1%, Lingbao Gold up 0.92%, Zhaojin Mining up 0.56%, Chifeng Gold up 0.2%, and China Gold International flat at 0%.

(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.)