消息面上，现货白银日内大涨4.00%报66.29美元/盎司，再创历史新高。Nirmal Bang Commodities研究主 管Kunal Shah表示，"白银市场出现了严重的空头挤压……在美国将银列入关键矿产清单后，我们没有 看到供应方面做出应有的反应。每个计划进入数据中心——人工智能领域的国家都需要更多的白银。目 前的趋势可能会在短期内将白银推向70美元。" 港股市场黄金及贵金属概念股走强，其中，中国白银集团涨超5%，赤峰黄金、山东黄金涨超3%，灵宝 黄金、紫金矿业涨超2%。 ...

Core Viewpoint - The Hong Kong stock market saw a significant rise in gold and precious metal stocks, driven by a sharp increase in the price of silver, which reached a historical high of $66.29 per ounce, up 4.00% in a single day [1] Group 1: Market Performance - Chinese Silver Group rose over 5%, while Chifeng Jilong Gold Mining and Shandong Gold increased by more than 3%, and Lingbao Gold and Zijin Mining rose over 2% [1] - The surge in silver prices is attributed to a severe short squeeze in the silver market [1] Group 2: Supply and Demand Dynamics - Kunal Shah, head of research at Nirmal Bang Commodities, noted that the U.S. has listed silver as a critical mineral, but there has been no adequate supply response [1] - Countries planning to enter the data center and artificial intelligence sectors will require more silver, indicating a potential increase in demand [1] Group 3: Future Price Projections - Current trends may push silver prices towards $70 in the short term [1]

Group 1 - The precious metals sector experienced a significant afternoon rally, with Shanjin International rising over 5% [2] - Other companies in the sector, including Hunan Silver, Chifeng Gold, Zhongjin Gold, and Shandong Gold, also saw increases in their stock prices [2]

Group 1 - The gold stocks experienced a decline, with Zijin Mining International (02259) down 5.05% at HKD 150.5, Zijin Mining (601899) down 3.13% at HKD 33.38, Tongguan Gold (00340) down 3.11% at HKD 2.8, and Shandong Gold (600547) down 2.85% at HKD 33.46 [2] Group 2 - A recent report from JPMorgan indicates that the Bloomberg Commodity Index (BCOM) will undergo an annual weight rebalancing in January 2026, with silver expected to face significant selling pressure, estimated at 9% of its total open contracts in the futures market. The report highlights that the selling pressure for silver this year is "more pronounced than last year," warranting investor caution [2] - The report also estimates that gold will see a selling scale of about 3% of its total open contracts in the futures market, which, despite being lower than silver, represents a substantial absolute selling amount due to gold's large market size [2] - Zhongyou Securities published a report stating that silver's volatility is high, and London inventories are recovering, suggesting that short-term squeeze logic may be temporarily paused. However, the long-term trend of de-dollarization is expected to continue, and with the inflow of ETF allocation funds amid short-term interest rate cuts, the outlook for the precious metals sector remains positive [2]

Group 1: Market Movements - Baoji Pharmaceutical-B (02659) surged over 3.2% amid its debut on the Hong Kong Stock Exchange, closing up 138.82% on its first day, with a market capitalization exceeding HKD 20 billion [1] - New Energy (01799) and Xinyi Solar (00968) saw declines of 3.01% and 3.67% respectively, as the photovoltaic sector faced weakness, with rumors of a 30 billion yuan investment for capacity storage by major companies [1] - Xpeng Motors-W (09868) and Li Auto-W (02015) dropped 4.88% and 2.67% respectively, following data from the China Association of Automobile Manufacturers indicating a month-on-month increase in production and sales [1] Group 2: Company-Specific News - Bolek Vision Cloud-B (02592) experienced a significant drop of nearly 15%, having previously doubled in price over 10 trading days, as it announced a new drug trial application to the FDA [2] - Hu Shang Ayi (02589) rose nearly 6% as Nayuki Tea expanded into the U.S. market, enhancing the international presence of Chinese tea brands [2] - Gold stocks fell sharply, with Zijin Mining (02899) and Shandong Gold (01787) declining by 4.29% and 4.94% respectively, following a report on the Bloomberg Commodity Index's upcoming rebalancing [2] Group 3: Cryptocurrency and Technology - Cryptocurrency ETFs faced significant declines, with notable drops in Bitcoin and Ethereum-related funds, as Bitcoin fell 3.3% from its record high, reflecting market pressures amid weak liquidity [3] - Oracle (ORCL.US) continued its downward trend, dropping 2.66% due to delays in delivering AI data centers for OpenAI, attributed to labor and material shortages [6] - Nvidia (NVDA.US) saw a slight increase of 0.73% after announcing the release of its third-generation language model, aimed at writing and programming tasks [6]

智通财经获悉，黄金股全线走低，截至发稿，紫金黄金国际(02259)跌5.05%，报150.5港元；紫金矿业 (02899)跌3.13%，报33.38港元；潼关黄金(00340)跌3.11%，报2.8港元；山东黄金(01787)跌2.85%，报 33.46港元。 消息面上，摩根大通最新研究报告显示，备受关注的彭博商品指数(BCOM)即将在2026年1月进行年度 权重再平衡。报告预计白银，将遭遇最沉重的抛售，卖盘规模约占其期货市场总未平仓合约的9%。报 告特别强调，今年白银的抛售压力"比去年更为突出"，值得投资者高度警惕。黄金抛售规模预计约占其 期货市场总未平仓合约的3%。尽管比例低于白银，但考虑到黄金庞大的市场体量，其绝对抛售金额依 然十分可观。 中邮证券发布研报称，白银波动率较高，且伦敦库存回升，短期的逼仓逻辑可能暂缓。长期来看，去美 元化的进程不会转向，叠加短期降息交易下ETF配置资金的流入，我们依然看好贵金属板块的表现。长 期来看，去美元化的进程不会转向，低位筹码建议无惧波动，坚定持有。 本文源自：智通财经网 ...

智通财经APP获悉，黄金股全线走低，截至发稿，紫金黄金国际(02259)跌5.05%，报150.5港元；紫金矿 业(02899)跌3.13%，报33.38港元；潼关黄金(00340)跌3.11%，报2.8港元；山东黄金(01787)跌2.85%，报 33.46港元。 消息面上，摩根大通最新研究报告显示，备受关注的彭博商品指数(BCOM)即将在2026年1月进行年度 权重再平衡。报告预计白银，将遭遇最沉重的抛售，卖盘规模约占其期货市场总未平仓合约的9%。报 告特别强调，今年白银的抛售压力"比去年更为突出"，值得投资者高度警惕。黄金抛售规模预计约占其 期货市场总未平仓合约的3%。尽管比例低于白银，但考虑到黄金庞大的市场体量，其绝对抛售金额依 然十分可观。 中邮证券发布研报称，白银波动率较高，且伦敦库存回升，短期的逼仓逻辑可能暂缓。长期来看，去美 元化的进程不会转向，叠加短期降息交易下ETF配置资金的流入，我们依然看好贵金属板块的表现。长 期来看，去美元化的进程不会转向，低位筹码建议无惧波动，坚定持有。 ...

每经AI快讯，12月15日，港股黄金股盘中震荡上涨，紫金黄金国际涨超6%，赤峰黄金涨近5%，山东黄 金、灵宝黄金等涨近2%。 ...

12月15日，港股黄金股盘初拉升走强，其中，紫金黄金国际涨超6%领衔，赤峰黄金涨5.8%，潼关黄金 涨近3%，灵宝黄金、山东黄金、招金矿业均涨超1%。 消息上，亚洲早盘黄金小幅走高。现货黄金上涨0.6%，报每盎司4,324美元，不断逼近历史新高位。 Tickmill执行董事Joseph Dahrieh表示，金价继续受益于市场对美联储将进一步放松货币政策的坚定预 期、各国央行的持续买入，以及不断扩大的地缘政治风险，这些风险正维持着避险资金流。本周市场焦 点可能将是美国的主要政府数据，例如将于周二公布的11月就业报告和将于周四公布的11月CPI数据。 | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 02259 | 紫金黄金国际 | 156.200 | 6.26% | | 06693 | 赤峰黄金 | 32.180 | 5.79% | | 00340 | 漳关黄金 | 2.950 | 2.79% | | 03330 | 灵宝黄金 | 18.100 | 1.86% | | 01787 | 山东黄金 | 34.740 | 1.64% | | 01818 | 招 ...

Group 1 - Hong Kong gold stocks experienced a strong rally at the beginning of trading, with Zijin Mining International leading the gains, rising over 6% [1] - Other notable performers included Chifeng Jilong Gold Mining up 5.8%, Tongguan Gold up nearly 3%, and Lingbao Gold, Shandong Gold, and Zhaojin Mining all rising over 1% [1][2] - The spot gold price increased by 0.6%, reaching $4,324 per ounce, approaching historical highs [1] Group 2 - Joseph Dahrieh, Executive Director of Tickmill, indicated that gold prices are benefiting from strong market expectations for further easing of monetary policy by the Federal Reserve, ongoing purchases by central banks, and escalating geopolitical risks [1] - This week, the market focus will be on key U.S. government data, including the November employment report to be released on Tuesday and the November CPI data on Thursday [1]