On June 8, Lingbao Gold fell 6.96% in regular trading, trading at HKD 13.9/share, with trading volume of HKD 23.64 million.

On the news front, international gold prices have retreated sharply from highs near USD 5,300 to around USD 4,400, a decline exceeding 20%. Fed rate hike expectations continue to intensify, with interest rate swaps indicating traders have fully priced in a rate increase. The stronger US dollar is exerting significant downward pressure on dollar-denominated gold, weighing on the entire gold sector.

Strong US May non-farm payroll data exceeded all forecasts, pushing bond yields and the dollar higher. Traders have now fully priced in a 25-basis-point Fed rate hike by December, with approximately 60% probability assigned to an October move. The gold sector showed broad-based weakness, with Shandong Gold down 5.88%, Zijin Gold International down 6.22%, Zhaojin Mining down 5.41%, and China Gold International down 4.70%, reflecting pronounced sector linkage.

The company has continued share buybacks recently, repurchasing 67,300 shares on June 5 at a cost of approximately HKD 997,700.

(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.)