On September 21, LINGBAO GOLD fell 5.13% in regular trading, trading at 23.38 HKD/share, with turnover of approximately HKD 146 million. The broader gold sector came under significant selling pressure on the same day, with China Gold International down 5.98%, Zijin Gold International down 2.77%, SD Gold down 2.70%, and Zhaojin Mining down 2.38%.

On the news front, the Federal Reserve announced a 25 basis point rate hike on September 17, lifting the federal funds rate target range to 3.75%-4.00%, marking the first increase in more than three years. The U.S. dollar index reclaimed the 100 level, while spot gold came under pressure and retreated to around $4,242 per ounce. The latest dot plot raised the median year-end rate forecast from 3.8% to 4.1%, with 16 officials projecting at least one more hike before year-end. Fed Chair Waller stated that U.S. inflation remains elevated and that there is little evidence the inflation trend is passing the test, signaling that the tightening cycle is far from over.

LINGBAO GOLD reported mid-year revenue of RMB 7.988 billion, up 2.51% year-on-year, with adjusted net profit of RMB 670 million, up 50.36%. However, operating profit declined 33.58% and operating cash flow fell approximately 79.0% year-on-year, reflecting margin compression amid a challenging macro backdrop.

(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.)