On July 10, Zhaojin Mining rose 3.27% in regular trading, trading at HK$18.68/share, with turnover of HK$58.78 million, rebounding from the prior session's 2.70% decline.

On the news front, gold stocks rallied broadly as short-term Fed rate hike probability declined, providing a rebound opportunity for the precious metals market. The gold sector had been under pressure after international gold prices pulled back from near the $4,200 level on July 3, but easing monetary tightening expectations have now lifted sentiment across the board.

Within the Gold sector, the rally is broad-based. Among individual stocks, Lingbao Gold up 9.45%, SD Gold up 4.76%, China Gold International up 3.87%, Zijin Mining up 3.74%, and Zijin Gold International up 3.21%. Citi previously raised its target price for Zhaojin Mining to HK$41.4, maintaining a Buy rating, citing strong production growth prospects driven by the company's offshore gold mine expected to commence production by end of 2027 with annual output of approximately 15-20 tonnes.

(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.)