Group 1: Hong Kong Stocks - Nocera Biotech (09969) fell over 8% after announcing a licensing collaboration with Zenas for three self-immune pipeline products [1] - Pop Mart (09992) rose over 2% as new products sold out immediately, with Morgan Stanley optimistic about the company's sales momentum [1] - Bluec (00325) increased over 8% after launching new "building block cars" and "building block figures" at the WF2025 exhibition [1] - Huaxin Cement (06655) rose over 7% after announcing a name change to "Huaxin Building Materials" and a restricted stock incentive plan [1] - Mixue Group (02097) gained over 5% after announcing an investment of nearly 300 million in the fresh beer industry, potentially opening up long-term growth opportunities [1] - CATL (03750) dropped nearly 6% as the cornerstone lock-up period is set to expire on the 19th of next month, with both Morgan Stanley and others downgrading the company's H-share rating [1] - Dazhong Public Utilities (01635) rose over 9%, stating that its operations are normal and previously mentioned its stake in Shenzhen Capital Group [1] - Jinli Permanent Magnet (06680) increased nearly 1%, forecasting a year-on-year increase of 157%-179% in net profit attributable to shareholders for the first three quarters [1] Group 2: Gold Stocks - Gold stocks opened lower collectively, with China Gold International (02099) down over 7%, Zijin Mining International (02259) down over 1%, Shandong Gold (01787) down over 6%, and Chifeng Jilong Gold Mining (06693) down over 6% due to easing geopolitical tensions leading to a pullback in precious metals [2] Group 3: US Stocks - AMBO Education (AMBO.US) surged 61.06% after announcing the launch of a real-time translation platform, WeSpeak, for enterprises [3] - CenturyLink (VNET.US) fell 3.13% as Goldman Sachs included it in a "strong buy" list for the Asia-Pacific region [3] - UiPath (PATH.US) rose 18.81% after announcing multiple collaborations with major tech companies like NVIDIA, OpenAI, Google, Microsoft, and Snowflake [3] - Tuniu (TOUR.US) decreased by 0.51%, despite a double-digit increase in user travel during this year's "Double Festival" holiday compared to last year [3] - Tesla (TSLA.US) fell 0.72% after reports that production of its humanoid robot, Optimus, has been paused [3] - Toyota (TM.US) dropped 2.97% after a recall of over 390,000 vehicles in the US due to software errors [3] - Lloyds Bank (LYG.US) decreased by 3.67% as it may need to increase provisions following a compensation plan for mis-sold auto loans [3] - Ferrari (RACE.US) fell 14.99%, reaching a six-month low as long-term profit guidance fell below expectations [4] - TSMC (TSM.US) decreased by 1.52%, projecting a consolidated revenue of approximately NT$330.98 billion for September 2025, a 1.4% decrease quarter-on-quarter but a 31.4% increase year-on-year [4] - PepsiCo (PEP.US) rose 4.23% with Q3 net revenue increasing by 2.7% to $23.94 billion, and core EPS of $2.29, both exceeding expectations [4]

Core Viewpoint - The performance of the non-ferrous metals sector remains mixed, with significant movements in stock prices and ongoing policy changes affecting supply dynamics in the industry [1][2]. Group 1: Market Performance - The non-ferrous metals ETF showed weak performance, with a decline of 3.1% and a trading volume of 1.21 billion yuan, while the fund's latest scale is 4.83 billion yuan [1]. - Silver stocks performed exceptionally well, with a notable increase, while companies like Western Gold, Huaxi Nonferrous, and Huayou Cobalt experienced declines of 8.27%, 6.98%, and 6.66% respectively [1]. Group 2: Policy and Supply Dynamics - The Trump administration is discussing investments in critical metals companies, particularly concerning Greenland's largest rare earth project [1]. - The Ministry of Commerce has implemented export controls on rare earth-related technologies, tightening supply policies and maintaining strong price trends in the rare earth sector [2]. - Western Securities predicts that the supply of secondary resource recycling will reach 27% by 2025, indicating a fully controlled supply side with limited potential for sudden increases [1]. Group 3: Industry Outlook - The non-ferrous metals industry maintains a high level of prosperity, with supply constraints from major copper producers due to safety incidents in Indonesia, contributing to rising prices for copper and aluminum [2]. - The top ten weighted stocks in the non-ferrous metals index include major players such as Zijin Mining, Northern Rare Earth, and Luoyang Molybdenum [2].

Market Overview - US stock indices collectively declined overnight, with the Chinese concept index dropping by 2.03% [1] - Hong Kong's three major indices opened lower, with the Hang Seng Index down by 0.85%, the National Index down by 0.94%, and the Hang Seng Tech Index down by 1.4% [1] Sector Performance - Major technology stocks experienced a collective decline, with Alibaba, Baidu, and JD.com falling over 2%, and NetEase, Kuaishou, Meituan, and Xiaomi dropping over 1% [1] - Tencent saw a decrease of 0.96% [1] - Gold stocks led the decline in the non-ferrous metal sector, with China Gold International, Zijin Mining International, and Shandong Gold each falling nearly 4% [1] - Lithium battery stocks, automotive stocks, home appliance stocks, semiconductor stocks, Chinese brokerage stocks, and biopharmaceutical stocks also saw declines [1] Rising Stocks - Conversely, telecom equipment stocks, new consumption concept stocks, and rare earth concept stocks generally rose, with ZTE Corporation increasing by 3.4% and Jinli Permanent Magnet and Hu Shang Ayi rising over 2.4% [1] New Listings - Two new stocks debuted on the Hong Kong market, with Jinye International Group opening 500% higher, achieving an oversubscription rate of over 9030 times, marking the highest oversubscription rate for a new stock in Hong Kong history [1] - Zhida Technology opened 183% higher, with a global offering of 597.89 million shares, where the Hong Kong public offering accounted for 10% and international offering for 90% [1]

Group 1 - The core viewpoint of the article indicates a collective decline in gold stocks following a drop in spot gold prices, which fell below $3960 per ounce, a decrease of nearly $100 from recent highs [1] - Chinese gold companies such as China Gold International, Zijin Mining International, Shandong Gold, and Chifeng Jilong Gold experienced significant stock price drops, with declines ranging from 3.13% to 3.99% [1] - The recent ceasefire agreement between Israel and Hamas has led to a reduction in geopolitical tensions, contributing to the short-term sell-off in gold prices as investors take profits after previous gains [1] Group 2 - Futures market analysis suggests that the profit-taking sentiment is strong after gold prices reached historical highs, which may suppress prices in the short term [1] - Despite the recent price drop, the underlying factors such as risk premium and the Federal Reserve's accommodative stance have not changed significantly, indicating potential for future price increases [1]

Core Viewpoint - Recent significant increases in gold and silver prices, with spot gold briefly surpassing $4050 per ounce [1] Group 1: Market Analysis - Guosen Securities indicates that the support system for the gold market remains solid, driven by long-term factors such as global monetary credit system restructuring, de-dollarization trends, continuous central bank gold purchases, and structural supply-demand imbalances [1] - The long-term bullish trend for gold is expected to continue over the next 2-3 years due to the stability of the support system [1] Group 2: Investment Recommendations - Minsheng Securities highlights the central bank's gold purchases and weakening dollar credit as key themes, maintaining a positive outlook on gold prices and suggesting opportunities for right-side positioning in the gold sector [1] - Recommended stocks include Western Gold, Shandong Gold, Zhaojin Mining, Zhongjin Gold, Chifeng Gold, Tongguan Gold, Wanguo Gold Group, Shanjin International, and Hunan Gold, with additional attention to China National Gold International and Lingbao Gold [1] - Silver stocks recommended include Xingye Silver Tin and Shengda Resources [1]

本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 已披露增持计划情况：山东黄金矿业股份有限公司（以下简称"公司" 或"山东黄金"）于2025年4月10 日披露了《关于控股股东及其一致行动人增持公司股份计划的公告》（公告编号：临2025-019），公司 控股股东山东黄金集团有限公司（以下简称"黄金集团"）及其一致行动人基于对公司未来持续稳定发展 的信心和长期投资价值的认可，计划自2025年4月9日起12个月内拟通过上海证券交易所系统以集中竞价 或者大宗交易的方式择机增持山东黄金A股股份，拟增持金额不低于人民币5亿元（含本数），不超过 人民币10亿元（含本数）（以下简称"本次增持计划"）。增持主体将基于对公司股票价格的合理判断， 择机实施增持计划。 ● 增持计划实施进展情况： 公司于近日收到黄金集团《关于增持计划实施进展的通知》，截至2025年 10月8日，本次增持计划时间已过半，黄金集团通过集中竞价交易方式以股票增持专项贷款和自有资金 共增持公司股份3,652,090股，约占公司总股本的0.0792% ...

智通财经APP讯，山东黄金(01787)公布，公司于近日收到控股股东黄金集团《关于增持计划实施进展的 通知》，截至 2025 年 10 月 8 日，本次增持计划时间已过半，黄金集团通过集中竞价交易方式以股票增 持专项贷款和自有资金共增持公司股份365.209万股，约占公司总股本的 0.0792%，增持金额为约1.21亿 元。本次增持计划尚未实施完毕，黄金集团及其一致行动人将按照本次增持计划继续增持公司股份。 值得注意的是，本次增持计划可能存在因资本市场情况发生变化等因素，导致增持计划延迟实施或无法 完成实施的风险。 ...

智通财经APP讯，山东黄金(01787)公布，公司于近日收到控股股东黄金集团《关于增持计划实施进展的 通知》，截至 2025 年 10 月 8 日，本次增持计划时间已过半，黄金集团通过集中竞价交易方式以股票增 持专项贷款和自有资金共增持公司股份365.209万股，约占公司总股本的 0.0792%，增持金额为约1.21亿 元。本次增持计划尚未实施完毕，黄金集团及其一致行动人将按照本次增持计划继续增持公司股份。 值得注意的是，本次增持计划可能存在因资本市场情况发生变化等因素，导致增持计划延迟实施或无法 完成实施的风险。 ...

茲載列山東黃金礦業股份有限公司（「 本公司 」）在 上 海 證 券 交 易 所 網 站 (www.sse.com.cn)刊登之《山 東 黃 金 礦 業 股 份 有 限 公 司 關 於 控 股 股 東 及 其 一 致 行 動 人 增 持 股 份 進 展 暨 時 間 過 半 的 公 告》，僅 供 參 閱。 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之內容概不 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 全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責 任。 SHANDONG GOLD MINING CO., LTD. 山東黃金礦業股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：1787） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條 作 出。 承董事會命 山東黃金礦業股份有限公司 董事長 李 航 中 國 濟 南，2025年10月9日 於 本 公 告 日 期，執 行 董 事 為 修 國 林 先 生、徐 建 新 ...

格隆汇10月9日丨山东黄金(600547.SH)公布，公司于近日收到黄金集团《关于增持计划实施进展的通 知》，截至2025年10月8日，本次增持计划时间已过半，黄金集团通过集中竞价交易方式以股票增持专 项贷款和自有资金共增持公司股份365.21万股，约占公司总股本的0.0792%，增持金额为1.21亿元。本 次增持计划尚未实施完毕，黄金集团及其一致行动人将按照本次增持计划继续增持公司股份。 ...