Core Viewpoint - The continuous decline in spot gold prices has negatively impacted Hong Kong-listed gold stocks, with significant drops observed across various companies [1]. Group 1: Market Performance - Spot gold prices fell by 3.05% overnight, dropping below $3990 per ounce, and further declined to below $3980 per ounce during the Asian trading session [1]. - The decline in gold prices is attributed to easing trade tensions, which reduced demand for safe-haven assets [1]. Group 2: Company Stock Performance - China Silver Group saw a decline of nearly 5%, while Tongguan Gold dropped nearly 3% [1]. - Other notable declines include: - Zhaojin Mining down 2.52% - Zijin Mining down 2.55% - Chifeng Jilong Gold down 2.25% - China Gold International down 2.00% - Zijin Gold International down 2.04% - Lingbao Gold down 1.61% - Shandong Gold down 1.73% [1]. Group 3: Future Price Expectations - Analysts from Capital Economics have downgraded their gold price forecast, predicting a drop to $3500 per ounce by the end of next year, indicating a potential decline of over 12% from current levels [1].

Core Viewpoint - The easing of trade tensions has led to new highs in U.S. stock indices, with the Chinese concept index rising by 1.59% [1] Group 1: Stock Market Performance - U.S. stock indices reached new highs overnight, reflecting a positive market sentiment [1] - The Hong Kong stock market opened higher, with the Hang Seng Index up by 0.28%, the National Index up by 0.24%, and the Hang Seng Tech Index up by 0.45% [1] - Technology stocks showed mixed performance, with Baidu and Alibaba gaining, while Xiaomi and NetEase experienced slight declines [1] Group 2: Sector Performance - Automotive stocks, rare earth concept stocks, and photovoltaic stocks generally saw increases [1] - Spot gold prices fell by 3.05%, dropping below $3,990, leading to declines in gold stocks and non-ferrous metal stocks, with China Gold International down nearly 4% [1] Group 3: New Listings - Two new stocks were listed in the Hong Kong market, with Dipo Technology opening over 111% higher and Bama Tea opening over 60% higher on their first trading day [1]

Core Viewpoint - Gold stocks experienced a significant decline following a sharp drop in gold prices, influenced by recent developments in US-China trade relations and market sentiment towards gold investments [1] Group 1: Market Performance - As of the report, major gold stocks in Hong Kong opened lower, with China Gold International down 3.31% to HKD 125.7, Tongguan Gold down 2.92% to HKD 2.66, Shandong Gold down 1.73% to HKD 33, China Silver Group down 1.56% to HKD 0.63, and Chifeng Jilong Gold down 1.43% to HKD 28.96 [1] - On October 27, spot gold prices fell sharply by 3%, briefly dropping below the USD 3900 mark [1] Group 2: Influencing Factors - The decline in gold prices is attributed to a reduction in safe-haven demand following the establishment of a "substantial framework" in trade negotiations between the US and China, which included a temporary easing of 100% tariffs on Chinese goods [1] - According to CITIC Futures, the recent developments have led to a noticeable decrease in the demand for gold as a safe-haven asset, negatively impacting short-term gold price performance [1] Group 3: Investment Sentiment - A report from Shenwan Hongyuan Securities indicates that gold is no longer considered a wise investment choice in the short term, as the "long gold" position has become overcrowded according to a Bank of America survey [1] - High leverage in gold ETFs has resulted in a rapid price decline from historical highs, with current volatility severely affecting the risk-reward ratio for gold investments [1] - Despite the short-term outlook, the institution maintains that gold still holds long-term investment value [1]

Group 1 - The core viewpoint of the article highlights a significant rise in Hong Kong copper stocks, driven by a surge in copper prices, which reached a historical high of $11,035 per ton on the London Metal Exchange (LME) [1] - Copper prices have increased by approximately 25% this year, recovering from a sharp sell-off triggered by the escalation of the trade war in April [1] - Supply challenges have become a focal point for investors, particularly due to the suspension of operations at Freeport-McMoRan's Grasberg mine in Indonesia following a landslide [1] Group 2 - Citigroup's recent research report indicates that global manufacturing sentiment remains mixed, and cyclical demand growth continues to face pressure [1] - Data from Citigroup shows that copper consumption growth in August was weak, rising only 1.3% year-on-year, which is below the strong performance driven by the solar industry in the first half of the year [1] - The bank anticipates that copper consumption growth will remain moderate for the remainder of the year, but maintains a positive outlook for copper prices, predicting they will rise to $12,000 per ton by the second quarter of next year [1] Group 3 - Notable stock performances include China Daye Non-Ferrous Metals rising over 14%, China Nonferrous Mining up 5.3%, Jiangxi Copper and Minmetals Resources increasing by 4%, China Gold International rising by 2.5%, and China Metal Resources up by 1.2% [1]

Core Viewpoint - China Gold International has been included in the Hang Seng Hong Kong Chinese Enterprises Index, effective October 27, 2025, indicating recognition of its industry positioning, profitability, and market performance by an international authority [1] Group 1: Index Inclusion - The Hang Seng Hong Kong Chinese Enterprises Index reflects the performance of red-chip companies with Chinese backgrounds that are registered outside mainland China and listed in Hong Kong [1] - The index consists of the largest and most actively traded 25 red-chip stocks, providing a benchmark for the performance of mainland companies outside A-shares and H-shares [1] Group 2: Implications of Inclusion - Inclusion in the index is expected to bring China Gold International into the research focus of more institutional investors, likely attracting passive and index-tracking funds [1] - This move is anticipated to enhance market attention towards China Gold International [1] Group 3: Management Commentary - The Chairman and CEO, Mr. Hou Chengguang, stated that the inclusion is a recognition of the company's core competitiveness and management efforts, reflecting strong confidence from the capital market in the company's future development [1] - The inclusion is expected to improve the company's image and attract a broader range of investors [1]

Core Viewpoint - China Gold International has been included in the Hang Seng Hong Kong Chinese Enterprises Index, effective October 27, 2025, indicating recognition of its industry positioning, profitability, and market performance by an international authority [1] Group 1: Company Recognition - The inclusion in the index reflects the company's core competitiveness and the effectiveness of its management team [1] - This recognition is expected to enhance the company's image and attract a broader range of investors [1] Group 2: Market Impact - The addition to the index is likely to bring more institutional investors' attention, particularly passive funds and index-tracking funds [1] - Increased visibility in the market is anticipated to boost interest in China Gold International [1]

Core Viewpoint - China Gold International has been included in the Hang Seng Hong Kong Chinese Enterprises Index, effective from October 27, 2025, indicating recognition of its industry positioning, profitability, and market performance by an international authority [1] Group 1: Index Inclusion - The Hang Seng Hong Kong Chinese Enterprises Index reflects the performance of red-chip companies with Chinese backgrounds that are registered outside mainland China and listed in Hong Kong, consisting of the largest and most actively traded 25 red-chip stocks [1] - Inclusion in this index is expected to attract passive funds and index-tracking funds, enhancing market attention towards China Gold International [1] Group 2: Management Commentary - The Chairman and CEO, Mr. Hou Chengguang, stated that the inclusion in the index is a recognition of the company's core competitiveness and management team's efforts, showcasing strong confidence from the capital market in the company's future development [1] - This recognition is anticipated to improve the company's image and attract a broader range of investors [1]

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的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示概不會就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 的任何損失承擔任何責任。 CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD. 中國黃金國際資源有限公司 （根據加拿大英屬哥倫比亞法例註冊成立的有限公司） （香港股份代號：2099） （多倫多股份代號：CGG） 海外監管公告 2025年10月26日溫哥華消息 — 中國黃金國際資源有限公司（多倫多股份代號：CGG，香港股份 代號：2099）欣然宣布中國黃金國際入選恒生香港中資企業指數。該變更將於2025年10月27日 （星期一）起生效。 詳情請參閱隨附的公告。 中國黃金國際入選恒生香港中資企業指數 承董事會命 中國黃金國際資源有限公司 侯晨光先生 董事長兼首席執行官 香港，2025年10月27日 於本公告日期，本公司董事會由執行董事侯晨光先生、傅淵慧先生及田娜女士，非執行董事王萬 明先生，及獨立非執行董事赫英斌先生、邵威先生、史別林先生及韓瑞霞女士組成。 China Gold Internat ...

Group 1 - The core viewpoint indicates that after experiencing the largest single-day drop in nearly 12 years, gold prices continued to decline, approaching the $4000 per ounce mark [1] - Citibank has shifted its outlook on gold from bullish to bearish, setting a target price of $4000 per ounce for the next 0-3 months [1] - CITIC Securities noted that silver trading is overheated, suggesting a slowdown in bullish momentum for both gold and silver [1] Group 2 - As of the latest update, spot gold was reported at $4080.27 per ounce, down 0.45% [1] - Gold stocks have continued to decline, with China Silver Group down 6.06% to HKD 0.62, Lingbao Gold down 4.17% to HKD 16.53, China Gold International down 4.07% to HKD 122.6, and Zijin Gold International down 3.35% to HKD 126.9 [2]

Core Viewpoint - The Hong Kong gold stocks experienced a decline, with several companies reporting significant drops in their stock prices [1] Company Performance - Lingbao Gold, Zhaojin Mining, and China Gold International all fell by over 4% [1] - Shandong Gold and Tongguan Gold saw declines of more than 3% [1]