On September 17, ZIJIN GOLD INTL fell 4.08% in regular trading, trading at 154.2 HKD/share, with turnover of 2.13 billion HKD. The decline came amid a broad selloff across the gold mining sector following the Federal Reserve's September rate decision.

On the news front, the Fed concluded its September FOMC meeting with a 25-basis-point rate hike, a move that had been priced in with over 92% probability according to CME FedWatch data. Despite the hike being widely anticipated, international gold prices dropped sharply upon the announcement, with a stronger U.S. dollar further weighing on precious metals. Market participants who had positioned for a buy-the-fact rally were caught off guard by the Fed's hawkish stance, which extended near-term bearish pressure on the sector.

Within the Gold sector, declines were broad-based. Among individual stocks, SD GOLD fell 5.21%, LINGBAO GOLD fell 4.94%, ZHAOJIN MINING fell 4.52%, CHINAGOLDINTL fell 4.29%, and CHIFENG GOLD fell 3.40%.

(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.)