Group 1 - Hong Kong gold stocks experienced a collective rise, indicating positive market sentiment in the sector [1] - Zhumeng Gold (01815.HK) saw a significant increase of 5.8%, reaching HKD 2.19 [1] - China Silver Group (00815.HK) rose by 4.48%, trading at HKD 0.7 [1] - Lingbao Gold (03330.HK) increased by 4.47%, with a price of HKD 16.36 [1] - Chifeng Jilong Gold Mining (06693.HK) gained 3.9%, priced at HKD 30.88 [1] - China Gold International (02099.HK) rose by 3.4%, reaching HKD 146.1 [1]

Group 1 - Gold stocks collectively rose, with notable increases: Zhufeng Gold up 5.8% to HKD 2.19, China Silver Group up 4.48% to HKD 0.7, Lingbao Gold up 4.47% to HKD 16.36, Chifeng Gold up 3.9% to HKD 30.88, and China Gold International up 3.4% to HKD 146.1 [1] - Recent comments from Federal Reserve officials and delayed economic data have supported expectations for interest rate cuts, with the likelihood of a 25 basis point cut in December rising from approximately 40% to 80% [1] - Kevin Hassett, the Director of the White House National Economic Council, is reported to be the leading candidate for the next Federal Reserve Chair, which could lead to a more dovish monetary policy if appointed [1] Group 2 - Goldman Sachs' co-head of global commodities research, Daan Struyven, predicts gold prices could reach USD 4,900 per ounce by the end of next year, representing an 18% increase from current levels [2] - Deutsche Bank forecasts gold prices may rise to USD 4,950 by 2026, indicating a 19.4% increase [2] - Demand for gold from central banks and ETF investors is expected to remain strong [2]

Core Viewpoint - China Silver Group (00815) proposes to increase its authorized share capital from HKD 30 million (30 billion shares) to HKD 50 million (50 billion shares) by adding 2 billion shares, allowing the new shares to have equal status with existing shares [1] Summary by Sections - **Share Capital Increase** - The board of directors recommends the issuance of 2 billion additional shares to enhance the company's authorized share capital [1] - The current issued shares stand at 2.954 billion, with 45.6624 million shares being authorized but unissued [1] - **Strategic Rationale** - The increase in authorized share capital aims to provide flexibility for future fundraising opportunities and to support the company's business plans and development [1]

中国白银集团(00815)发布公告，公司董事会建议通过增设20亿股股份，将公司法定股本由3000万港元 (分为30亿股股份)增加至5000万港元(分为50亿股股份)，而该等股份于发行后将于各方面与现有股份享 有同等地位。 截至本公告日期，已发行29.54亿股股份，而4566.24万股股份为法定但未发行。为应对余下认购事项及 为公司的未来集资机遇提供灵活性，以推动公司的未来业务计划及发展，董事会认为增加法定股本符合 公司及其股东的整体利益。 ...

截至本公告日期，已发行2,954,337,559股股份，而45,662,441股股份为法定但未发行。为应对余下认购 事项及为公司的未来集资机遇提供灵活性，以推动公司未来业务计划及发展，董事会认为增加法定股本 符合公司及其股东整体利益。 格隆汇11月27日丨中国白银集团(00815.HK)公告，董事会建议通过增设2,000,000,000股股份，将公司法 定股本由30,000,000港元(分为3,000,000,000股股份)增加至50,000,000港元(分为5,000,000,000股股份)，而 该等股份于发行后将于各方面与现有股份享有同等地位。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 CHINA SILVER GROUP LIMITED 本公告乃由中國白銀集團有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則（「上市規則」）第13.45(4)及13.51(1)條而作出。 建議增加法定股本 茲提述本公司日期為二零二五年十一月七日的公告，內容有關（其中包括）餘 下認購擬根據一般授權發行的本公司82,000,000股股份（「股份」）（「餘下認購事 項」）。 本公司董事會（「董事會」）建議通過增設2,000,000,000股股份，將本公司法定 股本由30,000,000港元（分為3,000,000,000股股份）增加至50,000,000港元（分為 5,000,000,000股股份），而該等股份於發行後將於各方面與現有股份享有同等 地位（「增加法定股本」）。 1 截至本公告日期，已發行2,954,337,559股股份，而45,662,441股股份為法定但未 發行。為應對餘下認購 ...

Core Viewpoint - The article discusses the performance of the A-share market, highlighting the fluctuations in major indices and sector performances, particularly in consumer electronics and HBM concepts, while noting the decline in AI applications and certain real estate stocks [3]. Market Performance - As of the midday session, the Shanghai Composite Index rose by 0.49%, the Shenzhen Component Index increased by 0.38%, and the ChiNext Index initially surged over 2% before settling at a 0.56% gain [3]. - The total trading volume in the Shanghai and Shenzhen markets reached 1.09 trillion yuan, a decrease of 466 billion yuan compared to the previous trading day, with over 3,300 stocks rising [4]. Sector Highlights - The consumer electronics sector saw a rise of 2.28%, while the HBM concept led the gains with a 2.62% increase [4]. - The solid-state battery concept also performed well, contributing to the overall positive sentiment in the market [3]. - The AI application sector continued to show weakness, indicating potential challenges in this area [3]. Notable Stocks - In the pork concept sector, stocks like Jin Xin Nong and Tian Yu Bio experienced significant gains, with Jin Xin Nong hitting the daily limit [5]. - Semiconductor stocks such as Huahong Semiconductor and SMIC saw increases of over 5% and 3%, respectively, reflecting strong performance in the tech sector [6]. - New Energy and AI concept stocks also showed strength, with New Yi Sheng rising by 7% and Yangguang Electric Power increasing by nearly 5% [7]. Additional Market Insights - The Hong Kong stock market opened with a slight increase, with the Hang Seng Technology Index expanding its gains [12]. - The People's Bank of China conducted a reverse repurchase operation of 356.4 billion yuan at an interest rate of 1.40%, indicating ongoing liquidity management [13]. - The Chinese yuan appreciated against the US dollar, reaching its highest level since October 2024 [14].

Group 1 - China Silver Group (00815.HK) increased by 4.62% [1] - Datang Gold (08299.HK) rose by 1.92% [1] - Zhaojin Mining (01818.HK) saw a gain of 1.60% [1] - Zijin Mining (02899.HK) experienced an increase of 1.52% [1]

Group 1 - Gold stocks experienced a decline today, with Ji Hai Resources down 5.48% at HKD 1.38, Lingbao Gold down 3.34% at HKD 15.61, China Silver Group down 3.03% at HKD 0.64, and Zijin Gold International down 2.2% at HKD 137.6 [2] - The Federal Reserve's October monetary policy meeting minutes revealed significant internal disagreements regarding future interest rate cuts, dampening market expectations for a December rate cut [2] - The U.S. Bureau of Labor Statistics announced the cancellation of the October non-farm payroll report, with the November employment report now scheduled for December 16, which will include estimates for October's employment data [2] Group 2 - Market attention is focused on the upcoming September non-farm payroll report to be released by the U.S. Bureau of Labor Statistics [2] - Despite increased uncertainty regarding a potential December rate cut by the Federal Reserve, precious metals are expected to face short-term pressure, while long-term upward trends remain intact due to improving dollar liquidity and concerns over the Fed's independence [2]

Group 1 - Gold stocks experienced a decline, with notable drops including Jihai Resources down 5.48% to HKD 1.38, Lingbao Gold down 3.34% to HKD 15.61, China Silver Group down 3.03% to HKD 0.64, and Zijin Mining International down 2.2% to HKD 137.6 [1] - The Federal Reserve's October monetary policy meeting minutes revealed significant internal disagreements regarding future interest rate cuts, cooling market expectations for a December rate cut [1] - The U.S. Bureau of Labor Statistics announced the cancellation of the October non-farm payroll report, with the November employment report now scheduled for December 16, which will include estimates for October's employment data [1] Group 2 - Market attention is focused on the upcoming September non-farm payroll report, with expectations that even if the Fed's rate cut becomes more variable in December, precious metals may face short-term pressure [1] - The end of the U.S. government shutdown is expected to improve dollar liquidity, while long-term interest rates in major global economies remain high, leading to concerns about the Fed's independence and maintaining the long-term upward logic for precious metals [1]