Movement Alert|ZIJIN GOLD INTL Rises 4.78% in Regular Trading, Acquisition of United Gold Nears Completion as Gold Sector Recovers

Market Focus
07/27

On July 27, ZIJIN GOLD INTL rose 4.78% in regular trading, trading at 118.7 HKD/share, with turnover of HKD 58.04 million.

On the news front, the company's approximately USD 4 billion all-cash acquisition of Canadian United Gold Company recently received approval from Ethiopian regulatory authorities, with the transaction closing window approaching. Upon completion, the company's global gold mine portfolio will expand to 12 mines across 12 countries, with overseas gold resource volume and production scale expected to leap into the industry's first tier.

Meanwhile, the gold sector posted broad-based gains, with ZIJIN MINING up 1.48%, LINGBAO GOLD up 2.84%, CHIFENG GOLD up 1.28%, ZHAOJIN MINING up 1.77%, and CHINAGOLDINTL up 3.70%, providing further support for the stock price. International spot gold had previously stabilized above USD 4,000, and institutional views suggest that central bank buying is expected to provide floor support for gold prices.

(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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