Core Viewpoint - The Hong Kong stock market has seen a significant rise in the prices of non-ferrous metal stocks, indicating positive market sentiment in this sector [1] Group 1: Company Performance - Ganfeng Lithium (01772.HK) experienced a notable increase of 9.11% [1] - Tianqi Lithium (09696.HK) rose by 7.04% [1] - Shandong Gold (01787.HK) saw an increase of 2.87% [1] - Lingbao Gold (03330.HK) increased by 3.34% [1]

Core Viewpoint - Gold stocks experienced a collective rise, driven by increasing gold prices and concerns over the U.S. economic outlook due to government shutdowns [1] Group 1: Gold Stock Performance - Zijin Mining International (02259) rose by 8.35%, closing at 137.5 HKD [1] - Tongguan Gold (00340) increased by 7.14%, closing at 2.7 HKD [1] - Lingbao Gold (03330) saw a rise of 6.26%, closing at 16.47 HKD [1] - Zijin Mining (02899) gained 4.1%, closing at 32 HKD [1] - Chifeng Jilong Gold (06693) increased by 2.5%, closing at 28.66 HKD [1] Group 2: Market Influences - On November 6, spot gold prices continued to rise, approaching the 4000 USD/ounce mark [1] - The U.S. government shutdown has reached a record number of days, raising concerns about the negative impact on the U.S. economy [1] - The Congressional Budget Office indicated that if the shutdown lasts for six weeks, economic losses could reach 11 billion USD [1] Group 3: Long-term Outlook for Gold - CITIC Futures noted that long-term debt overexpansion and de-globalization are key factors driving down the credit of the U.S. dollar [1] - Gold is viewed as a preferred asset for hedging against U.S. dollar credit risk, maintaining a long-term upward price expectation [1] - The trend of global central banks purchasing gold is expected to continue [1]

Core Viewpoint - The Hong Kong gold and precious metals sector experienced significant activity, with multiple companies seeing substantial stock price increases on November 6. Group 1: Company Performance - Zijin Mining International (02259.HK) rose over 8% [1] - Tongguan Gold (00340.HK) increased by more than 7% [1] - Lingbao Gold (03330.HK) saw a rise of 6.9% [1] - Long Resources (01712.HK) and Jihai Resources (02489.HK) both gained over 5% [1]

Group 1 - The company, Lingbao Gold (03330), announced the granting of 6.608 million shares as part of its share award plan to 89 selected participants, pending acceptance by the grantees [1] - The awarded shares represent approximately 0.60% of the total issued H shares as of the announcement date [1]

智通财经APP讯，灵宝黄金(03330)发布公告，于2025年11月5日，公司根据股份奖励计划的条款向89名 选定参与者授出涉及660.8万股奖励股份的奖励(惟须待承授人接纳)，相当于本公告日期已发行H股总数 约0.60%。 ...

格隆汇11月5日丨灵宝黄金(03330.HK)公告，于2025年11月5日，公司根据股份奖励计划的条款向89名选 定参与者授出涉及660.8万股奖励股份的奖励(惟须待承授人接纳)，相当于本公告日期已发行H股总数约 0.60%。 ...

（於中華人民共和國註冊成立的股份有限公司） （股份代號：3330） Lingbao Gold Group Company Ltd. 靈寶黃金集團股份有限公司 根據股份獎勵計劃授出獎勵 本公告乃由本公司根據上市規則第17.06A、17.06B及17.06C條作出。於二零二五年 十一月五日，本公司根據股份獎勵計劃的條款向89名選定參與者授出涉及6,608,000 股獎勵股份的獎勵（惟須待承授人接納），相當於本公告日期已發行H股總數約 0.60%。 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，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 授出獎勵的詳情 承授人獲授的獎勵詳情如下： – 1 – 授出日期： 二零二五年十一月五日 承授人： 共計89名承授人，所有6,608,000股獎勵股份均授予僱員參與 者（詳情載列如下）。 已授出獎勵項下的 獎勵股份數目： 6,608,000股H股 已授出獎勵股份的 購買價及協助購買 已授出獎勵股份的 安排： 無 | H股於授出日期之 | 每股H股15.50港元 | ...

Market Performance - The Hong Kong stock market indices experienced a decline, with the Hang Seng Index falling by 0.79%, the Hang Seng Tech Index down by 1.76%, and the National Enterprises Index decreasing by 0.92% [1] - Gold stocks saw significant drops, with Tongguan Gold and Lingbao Gold falling over 6%, Zijin Mining and Chifeng Jilong Gold down over 5%, Zhaojin Mining down over 4%, and Zijin Gold International down over 2% [1] Capital Flow - Southbound funds recorded a net purchase of Hong Kong stocks amounting to 9.832 billion HKD, with the Shanghai-Hong Kong Stock Connect contributing 5.202 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 4.630 billion HKD [1] - China National Offshore Oil Corporation, Xiaomi Group-W, and China Mobile received net purchases of 1.046 billion HKD, 1.002 billion HKD, and 753 million HKD respectively [2] - Alibaba-W, Sunny Optical Technology, and SMIC faced net sales of 868 million HKD, 325 million HKD, and 234 million HKD respectively [2] Regulatory Changes - Starting from August 19, 2024, the Shanghai and Shenzhen Stock Exchanges will adjust the information disclosure mechanism for the Shanghai-Shenzhen-Hong Kong Stock Connect, which will include daily disclosures of total trading amounts and active securities [3]

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling 0.79% to 25,952.4 points, and the Hang Seng Technology Index dropping 1.76% to 5,818.29 points, amid a total trading volume of HKD 239.99 billion [1] - Dongwu Securities indicated that the Hong Kong market is entering an adjustment phase towards the end of the year, although it remains in a medium to long-term upward trend [1] Blue-Chip Stocks Performance - Baidu Group (09888) rose 2.87% to HKD 121.9, contributing 6.83 points to the Hang Seng Index, with weekly orders for its service exceeding 250,000 [2] - Other notable blue-chip movements included Kang Shifu Holdings (00322) up 3.27%, and China Merchants Bank (03968) up 2.37%, while Zijin Mining (02899) fell 5.36% [2] Sector Performance - The technology sector saw most large-cap stocks decline, with Alibaba down 2.57% and Tencent slightly up by 0.16%, while Baidu gained nearly 3% [3] - The cryptocurrency sector faced significant pressure, with major declines in related stocks, and Bitcoin prices dropping below USD 105,000 [4] - Apple-related stocks generally fell, with notable declines in companies like Q Technology (01478) and BYD Electronics (00285) [4][5] Lithium Sector - Lithium stocks continued to decline, with Ganfeng Lithium (01772) down 5.85% and Tianqi Lithium (09696) down 4.68% [6] - The price of lithium carbonate futures fell over 4%, with market speculation surrounding the production timeline of CATL's projects [7] Notable Stock Movements - Aide New Energy (02623) surged 290% after announcing a major share sale [8] - Yum China (09987) rose 3.83% ahead of its upcoming financial results [8] - Sanhua Intelligent Controls (02050) fell 6.4% after a downgrade by Goldman Sachs, citing overly optimistic market expectations for its humanoid robot business [9]

Group 1 - The article highlights a general decline in gold stocks, with Lingbao Gold falling over 6%, Chifeng Gold down more than 5%, and Shandong Gold decreasing over 3% [1] - There is also a notable drop in non-ferrous metal stocks, including Ganfeng Lithium down nearly 6%, Luoyang Molybdenum down over 5%, and Tianqi Lithium down over 4% [1] - Other sectors such as computing hardware, innovative pharmaceuticals, robotics, and new energy concept stocks also experienced significant declines [1] Group 2 - In contrast, bank stocks showed resilience, with China Everbright Bank rising over 3%, and other banks like Minsheng Bank, China Merchants Bank, and Chongqing Bank also closing higher [1]