On July 20, Chifeng Gold rose 3.45% in regular trading, trading at HKD 26.32/share, with turnover of HKD 57.58 million.

On the news front, the stock is experiencing a technical recovery following last weeks sharp sell-off. JPMorgan reduced its position by approximately 479,200 shares at around HKD 28.46 per share, which combined with broader gold sector weakness triggered a limit-down in A-shares on July 17 and a cumulative weekly decline exceeding 8%. With selling pressure absorbed, the stock is rebounding alongside a stabilizing gold sector.

On the fundamental side, Chifeng Gold previously disclosed H1 attributable net profit guidance of RMB 1.70 billion to RMB 1.78 billion, representing 54% to 61% year-over-year growth, primarily driven by an approximately 43% increase in the average gold selling price. The broader gold sector is recovering in tandem, with China Gold International up 2.69%, Shandong Gold up 2.33%, and Zijin Mining up 2.18%.

(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.)