Tiger Brokers

BUZZ-Zijin Gold surges on robust earnings outlook, parent shares at record high

Reuters
12 hours ago
BUZZ-Zijin Gold surges on robust earnings outlook, parent shares at record high

** Shares of Zijin Gold International 2259.HK rise 3.7% to HK$149.3, set for biggest one-day pct gain since Dec 22

** Chinese gold miner estimated net profit to be about $1.5-$1.6 bln for 2025, up 212%-233% from year-ago period, on hikes in mine-produced gold output, sales price

** Zijin Gold, a spinoff of China's Zijin Mining 601899.SS, proposes production volume plan of mine-produced gold for 2026 to be 57 tonnes

** Zijin Mining Shanghai shares 601899.SS surge 5.8% to 35.36 yuan, a record high level since debut in May 2008

** Zijin Mining Hong Kong stock 2899.HK rises 4.6% to HK$36.98, their highest point since debut in Dec 2003

** Since debut on Sept 30, Zijin Gold International up 103.4%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10