On July 3, Chifeng Gold rose 6.54% in regular trading, trading at HK$28.44/share, with turnover of HK$65.48 million, extending the strong momentum from its A-share daily limit the previous session.

On the news front, spot gold held firmly above $4,000, trading at $4,058.85/oz, with Goldman Sachs stating the gold bull market has not yet ended. Meanwhile, controlling shareholder Li Jinyang released all 52.9 million pledged shares on July 2, reducing cumulative pledged shares to zero — a move that sends a positive signal regarding the shareholder's confidence in the company. Additionally, JPMorgan recently increased its H-share holdings by 194,400 shares. In Q1, Chifeng Gold reported revenue of RMB 3.554 billion and net profit attributable to shareholders of RMB 988 million.

Within the Gold sector, the broader group rallied collectively. Zijin Gold International rose 12.09%, Lingbao Gold rose 11.86%, Zhaojin Mining rose 10.12%, Zijin Mining rose 8.3%, and China Gold International rose 7.69%, reflecting a sector-wide recovery pattern.

(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.)