On May 28, Wanguo Gold Group fell 3.21% in regular trading, trading at 11.39 HKD/share, with trading volume of approximately 24.92 million HKD. The decline was driven by a sharp reduction in buyback intensity combined with broad weakness across the metals and mining sector.

The company's share repurchase pace has decelerated notably in recent sessions. On May 21, the company spent 49.04 million HKD repurchasing 4.376 million shares, followed by 25.28 million HKD for 2.277 million shares on May 22, and just 13.09 million HKD for 1.116 million shares on May 27 — a decline of over 70% from peak levels. The diminishing buyback support has weakened a key price floor for the stock.

Meanwhile, gold prices continued to slide, breaking below the $4,500/oz level on May 27, pressured by a stronger US dollar and rising interest rate expectations. Within the Diversified Metals & Mining sector, CMOC fell 2.51%, Lygend Resource dropped 3.49%, Jiaxin International Resources declined 3.22%, and MMG lost 1.95%. The stock had surged 7.41% on May 26, and short-term profit-taking added further selling pressure.

(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.)