On July 2, Zhaojin Mining rose 7.44% in regular trading, trading at 17.55 HKD/share, with turnover of 222 million HKD.

On the news front, Fed Chair Waller delivered dovish remarks that eased market expectations for monetary tightening, pushing spot gold back above the $4,000/oz level. Gold had previously breached the $4,000 psychological threshold amid rising rate hike expectations, accumulating a decline of over 12% within the month. Institutions noted that gold may have excessively priced in rate hike expectations, with Goldman Sachs maintaining its view that the gold bull market has not ended.

Within the Gold sector, shares rallied broadly. China Gold International rose 14.2%, Lingbao Gold gained 11.64%, Chifeng Gold advanced 9.23%, Zijin Gold International climbed 9.15%, and Zijin Mining added 4.01%. Zhaojin Mining had previously been under pressure from both weak gold prices and a production halt at its Zhaoyuan main mine since mid-May due to a safety incident, making it a candidate for oversold rebound.

(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.)