Group 1: Market Overview - The Hong Kong stock market saw a net inflow of 32.22 billion HKD from northbound trading, with 20.39 billion HKD from Shanghai and 11.83 billion HKD from Shenzhen [1] - The most bought stocks included CSPC Pharmaceutical Group (01093), Xiaomi Group-W (01810), and the Tracker Fund of Hong Kong (02800) [1] - The most sold stocks were Zijin Mining (02899), China Mobile (00941), and CNOOC (00883) [1] Group 2: Notable Stock Performances - CSPC Pharmaceutical Group (01093) received a net inflow of 9.36 billion HKD, following a strategic cooperation agreement with AstraZeneca for the development of innovative long-acting peptide drugs, potentially worth up to 18.5 billion USD [4] - The Tracker Fund of Hong Kong (02800) saw a net inflow of 5.89 billion HKD, with positive market sentiment driven by earnings recovery, improved liquidity, and policy support [5] - Alibaba Group-W (09988) had a net inflow of 3.29 billion HKD, as it launched a high-end AI chip, enhancing its position in the AI sector [5] Group 3: Sector-Specific Insights - Long Fiber Optic Cable (06869) received a net inflow of 2.41 billion HKD, driven by strong demand for AI infrastructure and high-speed optical modules [5] - China Spring (01969) had a net inflow of 46.22 million HKD, with growth potential in student enrollment and tuition fee increases [6] - Gold stocks faced significant sell-offs, with Shandong Gold (01787) and Zijin Mining (02899) experiencing net outflows of 2.06 billion HKD and 6.35 billion HKD, respectively, amid volatility in the precious metals market [7]

每经头条（nbdtoutiao）——核电建设热潮下，设备厂忙到"飞起"！订单已排至2028年，员工三班倒， 产线24小时不停 （记者 王晓波） 每经AI快讯，山东黄金1月30日晚间发布业绩预告，公司预计2025年度实现归属于母公司所有者的净利 润为46亿元~49亿元，与上年同期相比增加16亿元~19亿元，同比增加56%~66%。业绩变动主要原因 是，2025年，公司统筹优化生产布局，实现生产效率与资源利用、项目建设协同提升，同时叠加黄金价 格上行因素，利润同比增加。同时，公司坚持稳中有进、行稳致远，统筹把握长远可持续发展与当前业 绩关系，抓住金价高企有利时机，进一步夯实发展根基，积蓄发展动能。加大井巷开拓工程等生产性投 入，持续强化矿山深部及周边探矿，科学提升在建矿山建设进度；合理调整矿山边际品位，充分利用低 品位矿石资源；推进矿山采掘外委施工逐步转为自营，加大智能化投入，建强产业工人队伍，提升本质 安全水平。上述一系列措施有利于推动公司更加长远、健康、可持续发展，为公司"十五五"期间高质量 发展奠定坚实基础。 ...

重要内容提示： 经初步测算，山东黄金矿业股份有限公司（以下简称"公司"）预计2025 年度实现归属于母公司所有者的净利润为46亿元至49亿元，与上年同期相比增 加16亿元到19亿元，同比增加56%到66%。 预计2025年度实现归属于母公司所有者的扣除非经常性损益后的净利润为 48亿元至51亿元，与上年同期相比增加18亿元到21亿元，同比增加60%到71%。 证券代码：600547 证券简称：山东黄金 公告编号：临2026-001 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 1.经初步测算，公司预计2025年度实现归属于母公司所有者的净利润为46 亿元至49亿元，与上年同期相比增加16亿元到19亿元，同比增加56%到66%。 2.公司预计2025年度实现归属于母公司所有者的扣除非经常性损益后的净 利润为48亿元至51亿元，与上年同期相比增加18亿元到21亿元，同比增加60% 到71%。 （三）本次所预计的业绩未经注册会计师审计 （一）归属于母公司所有者的净利润29.52亿元，归属于母公司所有者的扣 除非经常性损益的净利润29.91亿元。 （二）每 ...

（文章来源：每日经济新闻） 每经AI快讯，1月30日，山东黄金(600547.SH)公告称，预计2025年度归属于上市公司股东的净利润为46 亿元至49亿元，同比增加56%至66%。业绩增长主要系公司优化生产布局、提升资源利用与项目建设协 同效率，并受益于黄金价格上行；同时加大井巷开拓、深部探矿、智能化投入及采掘自营转化，推动盈 利提升。 ...

南财智讯1月30日电，山东黄金公告，预计2025年全年归属于上市公司股东的净利润为46亿元—49亿 元，同比预增56.00%—66.00%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为 48亿元—51亿元，同比预增60.00%—71.00%；主要变动原因为：2025年，公司统筹优化生产布局，实 现生产效率与资源利用、项目建设协同提升，同时叠加黄金价格上行因素，利润同比增加。同时，公司 坚持稳中有进、行稳致远，统筹把握长远可持续发展与当前业绩关系，抓住金价高企有利时机，进一步 夯实发展根基，积蓄发展动能。加大井巷开拓工程等生产性投入，持续强化矿山深部及周边探矿，科学 提升在建矿山建设进度；合理调整矿山边际品位，充分利用低品位矿石资源；推进矿山采掘外委施工逐 步转为自营，加大智能化投入，建强产业工人队伍，提升本质安全水平。上述一系列措施有利于推动公 司更加长远、健康、可持续发展，为公司"十五五"期间高质量发展奠定坚实基础。 ...

山东黄金公告称，预计2025年度归属于母公司所有者的净利润46亿元至49亿元，同比增加16亿元到19亿 元，增幅56%到66%；扣非净利润48亿元至51亿元，同比增加18亿元到21亿元，增幅60%到71%。上年 同期，归母净利润29.52亿元，扣非净利润29.91亿元。业绩预增因统筹优化生产布局，叠加黄金价格上 行。数据为初步核算，以年报为准。 ...

Market Performance - The Hong Kong stock market indices collectively rose this month, with the Hang Seng Index increasing by 6.85% to close at 27,387.11 points, the Hang Seng Tech Index rising by 3.67% to 5,718.18 points, and the China Enterprises Index up by 4.53% to 9,317.09 points [2] - The Hang Seng Index showed resilience, climbing from a low of 26,498.35 points at the beginning of the month to a recent high of 28,056.10 points before a slight pullback [3] Sector Performance - High-performing sectors this month included AI, consumer goods, and real estate, driven by favorable policies and strong earnings [4] - Notable stock performances included: - Zhizhu (02513.HK) surged by 94.66%, recognized as the "first global large model stock" with strong market confidence in its AGI technology [4] - Woan Robotics (06600.HK) also rose by 94.67%, benefiting from AI and smart manufacturing policies [4] - Mingming Hen Mang (01768.HK) increased by 73.71%, supported by impressive revenue growth of 75.2% year-on-year [4][5] - Changfei Optical Fiber (06869.HK) saw a 61.90% increase, driven by rising demand for optical fiber due to AI computing infrastructure [5] Declining Stocks - Declining stocks included: - Zhu Feng Gold (01815.HK), which fell by 22.13% due to fluctuations in international gold prices [8] - Ganfeng Lithium (01772.HK) decreased by 16.46% as lithium carbonate futures prices dropped significantly [9] Institutional Insights - Institutional perspectives suggest a continuation of the spring market rally, focusing on dual drivers of policy and earnings [10] - Everbright Securities noted that the Hong Kong market is transitioning from being driven by funds to being driven by earnings, with a structural rebound expected in Q1 [10] - CITIC Securities highlighted three key investment directions: "14th Five-Year Plan" policies, sectors benefiting from policy reversals, and areas likely to gain from the spring rally [10] Education and Technology Sector - The education sector saw significant gains, with China Spring (01969.HK) rising by 22.76% due to AI integration in educational applications [11] - Longfei Optical Fiber (06889.HK) also experienced a slight increase, reflecting ongoing high demand for computing power [13] Commodity Market Impact - The commodity market faced volatility, with gold and other precious metals experiencing significant price fluctuations, impacting related stocks negatively [15][18] - The Chicago Mercantile Exchange announced margin adjustments to curb excessive speculation, which may further influence market stability [17]

Core Viewpoint - The market experienced a sudden reversal in sentiment on January 30, leading to a panic sell-off in the non-ferrous metals sector, halting the previous bullish trend [1] Group 1: Market Performance - The non-ferrous metals ETF (招商159690) faced significant selling pressure, hitting a 10% limit down, with trading volume sharply increasing [2] - Major stocks in the sector, including 兴业银锡 and 云铝股份, also reached their daily limit down of 10% [2] Group 2: Causes of the Decline - The immediate trigger for the decline was a sharp drop in international precious metals prices, with gold and silver experiencing maximum daily declines of over 5% and 8%, respectively [3] - The underlying cause was attributed to a significant profit-taking demand that had built up in the market, as previous gains had been substantial and some stock prices were seen as overextended relative to short-term fundamentals [3] Group 3: Future Outlook - Most analysts believe that the decline is more of a technical adjustment driven by emotions and capital rather than a fundamental reversal of the industry's long-term logic [3] - Key factors supporting a medium to long-term bull market in non-ferrous metals, such as rigid supply, structural demand from new energy and AI, and the evolution of the global monetary credit system, remain intact [3] - After the short-term panic and valuation pressure are alleviated, the sector is expected to return to a focus on macro policies and industry fundamentals, with structural opportunities based on real supply and demand still worth monitoring [3]

Group 1 - The Hong Kong gold and precious metals sector experienced significant declines, with Chifeng Jilong Gold Mining falling by 13%, Shandong Gold by over 12%, Zijin Mining International by over 10%, and Zhaojin Mining by over 9% [1][6] - Spot gold and silver prices dropped sharply, with spot gold falling below $5,120 per ounce and spot silver below $108 per ounce [3][8] - Several gold-related companies issued risk warning announcements, indicating that their stock prices had significantly deviated from the market index, suggesting abnormal trading fluctuations [3][8] Group 2 - Regulatory bodies, such as the Shanghai Futures Exchange, have raised margin requirements in an attempt to cool down the market, reflecting a strong speculative atmosphere and accumulating short-term risks [3][8]

截至发稿，赤峰黄金(06693.HK)跌10.09%、山东黄金(01787.HK)跌8.34%、紫金黄金国际(02259.HK)跌8.10%、招金矿业(01818.HK)跌6.52%。 | 代码 | 名称 | 最新价 | 涨跌额 | 涨跌幅 ◆ | | --- | --- | --- | --- | --- | | 06693 | 赤峰黄金 | 41.900 | -4.700 | -10.09% | | 01787 | 山东黄金 | 47.340 | -4.310 | -8.34% | | 02259 | 紫金黄金国际 | 225.200 | -19.600 | -8.01% | | 01818 | 招等难,不 | 37.580 | -2.620 | -6.52% | | 02899 | 紫雯앤,不 | 43.300 | -2.840 | -6.16% | | 02489 | 集海黄金 | 1.300 | -0.070 | -5.11% | 智通财经1月30日讯（编辑 胡家荣）受国际金价波动传导及市场风险偏好调整影响，今日港股黄金股普遍承压。 展望后市，机构预期显著转向乐观。瑞银集团大幅上调黄金价格预测，将2 ...