Group 1 - The mining ETF (561330) opened at 2.280 yuan, experiencing a slight decline of 0.09% [1] - Major holdings in the mining ETF include Zijin Mining (+0.23%), Luoyang Molybdenum (-0.04%), Northern Rare Earth (+0.00%), Huayou Cobalt (+2.25%), China Aluminum (-0.45%), Ganfeng Lithium (+0.05%), Shandong Gold (-0.74%), Yun Aluminum (-0.19%), Zhongjin Gold (-0.72%), and Tianqi Lithium (-0.14%) [1] - The performance benchmark for the mining ETF is the CSI Nonferrous Metals Mining Theme Index return, managed by Guotai Fund Management Co., Ltd., with a return of 127.98% since its establishment on October 19, 2022, and a 9.00% return over the past month [1]

Group 1 - The core viewpoint of the article highlights the performance of the Invesco ETF (560290) in the context of the metal industry, showing a slight opening decline of 0.72% to 0.964 yuan [1] - The major holdings of the Invesco ETF include Zijin Mining, which opened up by 0.23%, and other companies like China Aluminum and Ganfeng Lithium showing mixed performance [1] - The performance benchmark for the Invesco ETF is the CSI Nonferrous Metals Mining Theme Index, with a return of -2.69% since its establishment on January 26, 2026 [1]

Group 1 - The core viewpoint of the news is that the gold industry stocks are experiencing a strong rebound, with significant increases in the stock prices of major companies in the sector, indicating a positive market sentiment towards gold investments [1][2]. - As of February 11, 2026, the CSI Hong Kong-Shenzhen Gold Industry Stock Index (931238) rose by 2.97%, with key stocks such as Zijin Mining International and WanGuo Gold Group increasing by 8.48% and 8.45% respectively [1]. - The gold stocks ETF (159322) also saw a rise of 3.16%, closing at 2.09 yuan, reflecting the overall positive trend in the gold market [1]. Group 2 - The CSI Hong Kong-Shenzhen Gold Industry Stock Index comprises 50 large-cap companies involved in gold mining, refining, and sales, which collectively represent the performance of the gold industry in the mainland and Hong Kong markets [1]. - The top ten weighted stocks in the index account for 61.69% of the total index, indicating a concentration of investment in a few key players within the gold sector [2].

Core Viewpoint - The gold market is entering a "macro-driven + industry resonance" configuration window by 2026, supported by global central bank gold purchases and rising demand from Western ETFs [1] Group 1: Macro Factors - The Federal Reserve's established interest rate cut cycle and declining real interest rates are contributing to a supportive environment for gold prices [1] - Geopolitical uncertainties are becoming a norm, further enhancing the demand for gold as a safe-haven asset [1] Group 2: Industry Dynamics - According to the World Gold Council, high gold prices have somewhat suppressed gold jewelry consumption but have shifted demand towards investment [1] - The explosion of AI and high-end electronics industries is providing new rigid support for industrial gold demand [1] - Rising gold prices are leading to a revaluation of inventory book values for gold jewelry companies, with previous low-cost stockpiles expected to translate into greater earnings elasticity [1] Group 3: Investment Tools - The Southern CSI Hong Kong Gold Industry Stock Index A (021958.OF) reflects the overall performance of the gold industry chain, offering investors a tool for balanced investment options [1]

Core Viewpoint - The A-share market saw a strong performance in gold-related stocks, with several companies experiencing significant price increases on February 11 [1] Group 1: Stock Performance - Baodi Mining reached the daily limit with a rise of 9.97%, bringing its total market value to 6.968 billion [2] - Guocheng Mining increased by 9.18%, with a total market capitalization of 36.8 billion [2] - Hangmin Co. and Baoding Technology both rose over 5%, with market values of 8.861 billion and 7.934 billion respectively [2] - Other notable performers included Zhongjin Metal, Shandong Gold, and Feinan Resources, all of which saw increases of over 4% [1][2] Group 2: Year-to-Date Performance - Baodi Mining has a year-to-date increase of 18.02% [2] - Guocheng Mining's year-to-date rise stands at 11.65% [2] - Hangmin Co. and Baoding Technology have year-to-date increases of 25.98% and 23.86% respectively [2] - Shandong Gold and Feinan Resources also reported strong year-to-date performances of 22.35% and 28.17% [2]

Core Viewpoint - The A-share market has seen a strong performance in gold-related stocks, with several companies experiencing significant price increases, indicating a bullish trend in the sector [1]. Group 1: Stock Performance - Baodi Mining has reached the daily limit up with a gain of 9.97%, bringing its total market value to 6.968 billion [2]. - Guocheng Mining has increased by 9.18%, with a total market capitalization of 36.8 billion [2]. - Hangmin Co. and Baoding Technology have both risen over 5%, with gains of 5.47% and 5.09% respectively [2]. - Other notable performers include Zhongjin Metal, Shandong Gold, and Feinan Resources, all of which have seen increases of over 4% [1][2]. Group 2: Year-to-Date Performance - Baodi Mining has a year-to-date increase of 18.02% [2]. - Guocheng Mining has recorded an 11.65% rise since the beginning of the year [2]. - Hangmin Co. and Baoding Technology have year-to-date gains of 25.98% and 23.86% respectively [2]. - Shandong Gold has increased by 22.35% year-to-date, while Feinan Resources has seen a remarkable 28.17% increase [2].

2月11日，港股黄金股继续回暖，其中，紫金黄金国际、灵宝黄金盘中均涨超8%，灵宝黄金录得3连涨 行情，赤峰黄金涨5%，中国黄金国际涨超4%，紫金矿业涨3.5%，山东黄金、招金矿业涨约3%。 | 代码 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | | 02259 | 紫金黄金国际 | 226.200 | 7.82% | | 03330 | 灵宝黄金 | 25.180 | 7.24% | | 06693 | 赤峰黄金 | 37.440 | 5.05% | | 02099 | 中国黄金国际 | 202.600 | 4.22% | | 02899 | 三十四年薪 | 43.820 | 3.54% | | 01787 | 山东黄金 | 39.600 | 2.91% | | 01818 | 招金矿业 | 33.520 | 2.82% | | 00815 | 中国白银集团 | 0.640 | 1.59% | | 00340 | 潼关黄金 | 3.230 | 1.57% | 股票频道更多独家策划、专家专栏，免费查阅>> 消息上，亚洲早盘黄金上涨，受美联储降息前景提振，这可能会提 ...

港股黄金股继续回暖，其中，紫金黄金国际、灵宝黄金盘中均涨超8%，灵宝黄金录得3连涨行情，赤峰 黄金涨5%，中国黄金国际涨超4%，紫金矿业涨3.5%，山东黄金、招金矿业涨约3%。 消息上，亚洲早盘黄金上涨，受美联储降息前景提振，这可能会提升该无息贵金属的吸引力。现货黄金 上涨0.4%，报每盎司5,042.82美元。富国银行表示，近期黄金价格的回调是此前大幅上涨后的健康修 正。现货黄金价格较1月底创下的纪录高点下跌超过10%，主要原因是金价较200日均线上涨超过30%后 出现获利回吐。该行将2026年黄金目标价上调至每盎司6100美元至6300美元，这意味着20%以上的上涨 空间，理由是地缘政治风险、市场波动和央行强劲的需求。 | 代码 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | | 02259 | 紫金黄金国际 | 226.200 | 7.82% | | 03330 | 灵宝黄金 | 25.180 | 7.24% | | 06693 | 赤峰黄金 | 37.440 | 5.05% | | 02099 | 中国黄金国际 | 202.600 | 4.22% | | ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com 国投证券研报指出，山东黄金预计实现归母净利润46~49亿元，同比+56%~66%。2025年公司确定的生 产经营计划是黄金产量不低于50吨（包含山金国际目标8吨），前三季度完成75.6%。公司加大井巷开 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。央行和etf资金积 极增持黄金，美元信用担忧仍存，持续看好金价中长期上涨趋势。公司矿产金生产稳步推进，看好金价 上涨提振公司业绩表现。目前股价对应PE 44.6、23.1、19.7倍，维持"买入-A"评级，6个月目标价59.1 元/股，对应26年PE约30倍。 ...

国投 证券研报指出， 山东黄金预计实现归母净利润46~49亿元，同比+56%~66%。2025年公司确定的生 产经营计划是黄金产量不低于50吨（包含 山金国际目标8吨），前三季度完成75.6%。公司加大井巷开 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。央行和etf资金积 极增持黄金，美元信用担忧仍存，持续看好金价中长期上涨趋势。公司矿产金生产稳步推进，看好金价 上涨提振公司业绩表现。目前股价对应PE 44.6、23.1、19.7倍，维持"买入-A"评级，6个月目标价59.1 元/股，对应26年PE约30倍。 ...