On October 12, SD GOLD fell 3.17% in regular trading, trading at 18.93 HKD, with turnover of 250 million HKD. The decline was driven by a combination of hawkish signals from the Federal Reserve and a reduction in BlackRock's long position in the company's H-shares. Exchange disclosures showed BlackRock lowered its long position from 6.52% to 5.58% on October 6, while its short position rose slightly to 0.92%, pressuring market sentiment. In addition, JPMorgan downgraded the stock to underweight on October 9, citing significant cuts to production guidance due to regional safety inspections, with effects expected to persist through 2027. The same day, the Fed's September meeting minutes revealed officials anticipate further rate hikes before year-end, keeping the dollar and Treasury yields strong and broadly weighing on precious metals stocks.

SD GOLD is engaged in the exploration, mining, beneficiation, smelting, and sale of gold and non-ferrous metals, as well as the production and distribution of specialized mining equipment and building decoration materials.

(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.)