On July 17, Zijin Gold International fell 4.06% in regular trading, trading at 96.5 HKD/share, with turnover of approximately 103 million HKD. The gold sector broadly weakened, with the previous session's rebound fading as earnings disappointment concerns continued to weigh.

The company had earlier disclosed H1 estimated net profit of approximately USD 1.4 billion, up 169% year-over-year. However, this figure represents only 38% of the market's full-year forecast, signaling that second-half performance must accelerate significantly to meet consensus. Bank of America Securities recently cut its target price 11% from 158 HKD to 140 HKD and lowered full-year net profit estimates by 6% to USD 3 billion, citing higher-than-expected unit costs. BOCI maintained a Hold rating, noting Q2 earnings declined 27% quarter-over-quarter despite gold prices falling only 7% sequentially, implying rising production costs.

Across the gold sector, Chifeng Gold fell 6.80%, Zhaojin Mining fell 6.07%, China Gold International fell 5.06%, Zijin Mining fell 3.95%, and Lingbao Gold fell 3.90%.

(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.)