Movement Alert|SD GOLD Rises 3.2% in Regular Trading, Gold Sector Rebounds After Extended Pullback

Market Focus
Sep 14

On September 14, SD GOLD rose 3.2% in regular trading, trading at 25.38 HKD/share, with turnover of approximately 86.32 million HKD.

On the news front, international gold prices had previously broken below the $4,500/oz level following hawkish policy commentary, triggering a multi-day selloff across the gold mining sector. SD GOLD had seen a notable cumulative decline from its late-August highs. After sustained downward pressure — including a session on September 11 when gold stocks fell broadly with SD GOLD dropping 4.2% and peers such as China Gold International declining over 6% — the sector staged a technical rebound today. Among peers, ZIJIN GOLD INTL rose 2.19%, CHIFENG GOLD gained 1.89%, and ZHAOJIN MINING advanced 0.94%.

Fundamentally, SD GOLD reported H1 attributable net profit of approximately 3.54 billion yuan, up 26.17% year-over-year, with adjusted net profit rising 45.01%. Analyst coverage remains constructive, with BOCI recently raising its target price to 40.36 HKD while maintaining a Buy rating.

(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.)

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