Movement Alert|ZIJIN GOLD INTL Rises 3.06% in Regular Trading, Gold Sector Recovery Combined with United Gold Acquisition Approaching Delivery

Market Focus
07/29

On July 29, ZIJIN GOLD INTL rose 3.06% in regular trading, trading at 117.8 HKD/share, with turnover of HKD 397 million. The movement was driven by a broad gold sector recovery and the approaching completion of a major acquisition.

On the news front, the company's approximately USD 4 billion all-cash acquisition of Canadian United Gold has received Ethiopian regulatory approval, with the delivery window now imminent. Upon completion, the company's global gold mine portfolio will expand to 12 mines across 12 countries, with overseas gold resource volume and production scale expected to leap into the industry's top tier, providing fundamental support for the stock price.

Within the Gold sector, the overall sector showed strength. Among individual stocks, LINGBAO GOLD up 3.04%, ZHAOJIN MINING up 2.35%, SD GOLD up 1.75%, CHINAGOLDINTL up 1.51%, ZIJIN MINING up 1.23%.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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