Market Updates - UBTECH (09880) rose over 4% after signing a global strategic cooperation agreement with Cloud Intelligence Technology on September 21, with initial orders expected to be fulfilled [1] - Changfei Fiber Optics (06869) fell over 2% as shareholders reduced their holdings by a total of 10% in H-shares, with no significant impact on financial data from the hollow-core fiber [1] - Gold stocks mostly increased, with Lingbao Gold (03330) up over 4%, Zhaojin Mining (01818) up over 3%, China Silver Group (00815) up over 4%, and Shandong Gold (01787) up over 3%. The Federal Reserve's interest rate cut is expected to support a fluctuating upward trend in gold prices [1] - Yihuatong (02402) surged over 18% after partnering with Toyota to establish a fuel cell company and announcing the termination of the acquisition of Xuyang Hydrogen Energy [1] - WuXi AppTec (02268) increased over 6% after finalizing a subscription agreement that will raise WuXi Biologics' stake to over 50% [1] - Hong Kong Broadband (01310) dropped over 3% after announcing a share placement by its controlling shareholder, China Mobile Hong Kong, to restore public shareholding [1] - Huiju Technology (01729) rose over 10% following a strategic cooperation agreement with OpenAI to develop a revolutionary AI device for consumers [1] Shipping Sector - Shipping stocks experienced significant declines, with China Merchants Energy (01138) down over 6%, Seaspan (01308) down over 5%, Orient Overseas International (00316) down over 4%, and China Merchants Industry Holdings (01919) down over 4%. The Shanghai Shipping Exchange reported weak demand for Chinese export container transport, leading to continued adjustments in ocean freight rates [2] US Market Highlights - Pony.ai (PONY.US) increased by 18.55% as the CFO announced expectations to achieve key profit targets by early 2026 [3] - FedEx (FDX.US) rose 2.32% with projected revenue growth of up to 6% this year, exceeding analyst forecasts [3] - JD.com (JD.US) saw a 0.86% increase, with the iPhone 17 series achieving record sales within the first minute of pre-sale [3] - XPeng Motors (XPEV.US) rose 1.74%, reporting a 137% year-on-year increase in overseas deliveries from January to August [3] - ZTO Express (ZTO.US) fell 0.96%, with analysts noting a significant rebound in express delivery prices in August [3] - WeRide (WRD.US) surged 10.23% after its autonomous bus Robobus received Belgium's first federal-level L4 autonomous driving test license [3] - Tesla (TSLA.US) rose 2.21% as Baird upgraded its rating to "outperform," with expectations for significant stock price increases [4] - Apple (AAPL.US) increased by 3.20% following the successful launch of the iPhone 17 series on September 19 [4] - Quantum Song (QSG.US) rose 13.22%, with the chairman announcing a focus on the trendy toy sector [4]

每经AI快讯，9月22日，港股黄金股多数上涨，截至发稿，灵宝黄金(03330.HK)涨4.74%，报17.24港 元；招金矿业(01818.HK)涨4.5%，报29.28港元；中国白银集团(00815.HK)涨4%，报0.52港元；山东黄 金(01787.HK)涨2.97%，报36.74港元。 ...

人民财讯9月22日电，港股黄金概念股走强，截至发稿，灵宝黄金涨近6%，招金矿业涨超5%，山东黄 金、万国黄金集团跟涨。 ...

消息面上，近日，8月美国非农数据公布。华福证券认为，美联储如期降息25个基点，符合预期，声明 中首次承认"上半年经济增长放缓、就业增长放缓、失业率小幅上升、通胀持续高企"，对平衡通胀及就 业风险的措辞表现更加鸽派。贵金属在降息和避险情绪驱动下表现强势。长江证券表示，降息周期初期 金价延续震荡上行格局不变。需要注意学习效应下，市场在降息后或将注重再通胀风险，将触发银金比 显著修复。 中信建投指出，美国8月季调后非农就业人口、2025年全年非农就业下调均低于预期，8月失业率创2021 年10月以来新高，首次申请失业金人数超预期、9月密歇根大学消费者信心指数低于预期，显示美国就 业现状疲软，经济有衰退可能。同时，美国8月PPI大幅低于预期，CPI和核心CPI符合预期，通胀情况 使得美联储9月降息，市场预期2025年底前美联储还将降息2次。在这种情况下，黄金的金融属性使其在 降息周期前期和中期更具吸引力。 智通财经APP获悉，黄金股多数上涨，截至发稿，灵宝黄金(03330)涨4.74%，报17.24港元；招金矿业 (01818)涨4.5%，报29.28港元；中国白银集团(00815)涨4%，报0.52港元；山东黄金( ...

Group 1 - The core viewpoint of the article highlights the upward trend of gold stocks in the Hong Kong market, with notable gains from companies such as Zhaojin Mining and Lingbao Gold [1] - Zhaojin Mining led the sector with a 4.4% increase, while Lingbao Gold and China Silver Group both rose by 4% [1] - The current price of spot gold increased by 0.1%, reaching $3687.84 per ounce, amid a cautious market awaiting further clues on the Federal Reserve's interest rate path [1] Group 2 - Huatai Securities reported that the Federal Reserve's September FOMC meeting resulted in a 25 basis point rate cut, with expectations of an additional 50 basis points cut by year-end [1] - The long-term value of gold remains intact due to ongoing rate cuts by the Fed in the context of economic adjustments and persistent inflation concerns [1] - Global central banks and institutional investors are increasingly allocating more to gold, driven by de-dollarization trends, geopolitical risks, and the need for diversified investment portfolios [1]

Group 1 - Lingbao Gold (03330.HK) increased by 5.77% [1] - Zhaojin Mining (01818.HK) rose by 5.64% [1] - Shandong Gold (01787.HK) saw a rise of 3.59% [1] - WanGuo Gold Group (03939.HK) experienced a 3.43% increase [1]

Group 1 - The core viewpoint of the news is that Zhaojin Mining's cornerstone investment in Zijin Gold International signifies a deepening strategic partnership between Zhaojin Mining and Zijin Mining [1][6] - Zijin Mining's spin-off of its high-growth gold enterprise, Zijin Gold International, has garnered significant attention due to the record high international gold prices this year [1] - Zijin Gold International's IPO has attracted 29 cornerstone investors, collectively subscribing for $1.6 billion worth of shares, with Zhaojin Mining's subsidiary, Spico, being the only industrial capital investor [1][2] Group 2 - Zhaojin Mining and Zijin Mining have a strong historical relationship, with Zijin Mining acquiring a 20% stake in Zhaojin Mining for 4.06 billion yuan at the end of 2022, making it the second-largest shareholder [2][3] - As of June 30, 2025, Zijin Mining is expected to hold an 18.2% stake in Zhaojin Mining through Jinshan International [2] - The two companies are collaborating on the development of the largest single gold mine in China and the first offshore gold mine, with Zhaojin Mining holding 70% and Zijin Mining 30% of the offshore gold mine [3] Group 3 - Zhaojin Mining's strategic investment in Zijin Gold International is anticipated to yield long-term returns for itself and its shareholders [6] - Zijin Gold International is positioned as a leading global gold mining company, with significant resources and projected to rank ninth in gold reserves and eleventh in gold production by the end of 2024 [6] - The compound annual growth rate of Zijin Gold International's net profit attributable to shareholders is expected to reach 61.9% from 2022 to 2024, indicating high growth potential [6]

Core Viewpoint - The rising international gold prices have led to increased attention on Zijin Mining's spin-off of its high-growth gold business, Zijin Gold International, for a Hong Kong IPO Group 1: IPO Details - Zijin Gold International's IPO has attracted 29 cornerstone investors, collectively subscribing for $1.6 billion of the offering shares [1] - Notably, the only industrial capital participating in the IPO is from Shandong Gold Mining's subsidiary, which subscribed for 3.2655 million shares, accounting for 0.94% of the total offering [1] Group 2: Key Investors - Major cornerstone investors include GIC, Hillhouse, BlackRock, and Schroders, with GIC and Hillhouse each investing $150 million, representing 4.68% of the offering shares [2] - Other significant investors include Baillie Gifford, China Pacific Insurance, and Taikang Life, each investing $60 million, representing 1.87% of the offering shares [2] Group 3: Strategic Partnerships - Shandong Gold Mining and Zijin Mining have a deep-rooted relationship, with Zijin Mining acquiring a 20% stake in Shandong Gold Mining for 4.06 billion yuan at the end of 2022 [3] - Both companies are jointly developing the largest single gold mine in China and the first offshore gold mine, with Shandong Gold Mining holding 70% and Zijin Mining 30% of the offshore gold mine [3] Group 4: Growth Potential - Zijin Gold International is projected to have significant growth, with a compound annual growth rate (CAGR) of 61.9% in net profit from 2022 to 2024, and is expected to rank ninth globally in gold reserves and eleventh in gold production by the end of 2024 [6] - The offshore gold mine is expected to achieve an annual production of over 15 tons of gold once fully operational by the end of 2027 [3]

Group 1 - The core point of the news is that Zhaojin Mining (01818.HK) has signed a cornerstone investment agreement to invest USD 30 million in Zijin International's IPO, which strengthens the strategic partnership between Zhaojin Mining and its major shareholder, Zijin Mining [1] - Zhaojin Mining's investment will be funded through internal financial resources and is part of Zijin International's international offering [1] - Zijin International, a wholly-owned subsidiary of Zijin Mining, reported an audited total equity of approximately USD 4.236 billion as of June 30, 2025, with projected pre-tax profits of USD 427 million, USD 415 million, and USD 937 million for the years 2022 to 2024 [1] Group 2 - Zhaojin Mining's mid-year report for 2025 shows a revenue of CNY 6.973 billion, a year-on-year increase of 50.69%, and a net profit attributable to shareholders of CNY 1.44 billion, up 160.44% year-on-year [2] - The company achieved a total gold production of approximately 14,288.09 kilograms in the first half of the year, representing a growth of about 8.42% compared to the same period last year [2] - Zhaojin Mining's stock price has increased approximately 156% year-to-date, closing at HKD 28.02 per share as of September 19 [2]

| 表格序號 | | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 賣出或涉及的股 每股的平均價 | | | 持有權益的股份 | | --- | --- | --- | --- | --- | --- | | | | 原因 份數目 | | | (請參閱上述 | | CS20250918E00511 | 招金矿业股份有限公司 | 1201(L) | 14,500,000(L) | HKD 30.0800 | 17,1 | | CS20250918E00510 | 斯派柯国际有限公司 | 1201(L) | 14,500,000(L) | HKD 30.0800 | 17.1 | 本次交易涉及关联方：斯派柯国际有限公司。 | 股份代號: | 06693 | | --- | --- | | 上市法團名稱: | 赤峰吉隆黃金礦業股份有限公司 - H股 | | 日期 (日 / 月 / 年): | 19/09/2024 - 19/09/2025 | 香港联交所最新资料显示，9月18日，招金矿业股份有限公司减持赤峰黄金（600988）(06693)1450万股，每股作价30.08港元，总金额约4.36亿港元。减持后 ...