Group 1 - Gold stocks experienced a rebound, with notable increases: Chifeng Jilong Gold Mining (06693) up 7.1% to HKD 39.54, China National Gold Group (02099) up 5.08% to HKD 215, Zijin Mining International (02259) up 4.74% to HKD 198.8, Shandong Gold Mining (01787) up 3.69% to HKD 47.12, and WanGuo Gold Group (03939) up 2.78% to HKD 13.67 [1] - On January 23, spot gold surpassed USD 4,960 per ounce, setting a new historical high [1] - Goldman Sachs raised its gold price target for December 2026 from USD 4,900 per ounce to USD 5,400 per ounce, citing diversification in gold holdings as a hedge against global macro and policy uncertainties [1]

消息面上，1月21日早盘，现货黄金直线拉涨，首次突破4800美元，再创历史新高。截至发稿，报 4823.1美元/盎司，涨1.26%。瑞银贵金属策略师Joni Teves日前在接受采访时表示，多元化配置需求是本 轮金价上行的核心驱动力，机构投资者、零售投资者及各国央行均在增持黄金以应对宏观不确定性。她 预计金价上半年仍有上攻动能，若市场对美联储独立性的担忧持续升温，金价在上半年有望冲击5000美 元/盎司关口。 赤峰黄金 赤峰黄金 招金矿业 大唐黄金 灵宝黄金 中国黄金国际 分时图 日K线 周K线 月K线 37.03 -1.36 -3.54% 5.11% 3.41% 1.69% 0.00% 1.69% 3.41% 5.11% 36.43 37.08 37.74 38.39 39.04 39.70 40.35 09:30 10:30 11:30/13:00 14:00 15:00 6万 250万 493万 736万 黄金股集体走高，截至发稿，大唐黄金(08299)涨10.29%，报0.75港元；灵宝黄金(03330)涨7.37%，报 24.46港元；中国黄金（600916）国际(02099)涨5.13%，报205 ...

Group 1 - The Hang Seng Index fell by 0.1%, down 26 points, closing at 26,559 points, while the Hang Seng Tech Index decreased by 0.4% [1] - Baidu Group (09888) led blue-chip stocks with a 4% increase following the official release of its Wenxin large model version 5.0 [1] - Tianzuo Zhixin (09903) surged over 14%, reaching a new high since its listing, with plans to release a roadmap for its next three generations of GPGPU products on January 26 [1] - Minshi Group (00425) rose over 10%, benefiting from the increase in European electric vehicle production and actively entering humanoid robots and liquid cooling sectors [1] - Junda Co., Ltd. (02865) increased by over 14%, planning to raise funds through a share placement for the development of space photovoltaic battery products [1] - Yingshi Intelligent (03696) rose over 5%, achieving a new peak as its AI-enabled tumor drug development capabilities received further recognition [1] Group 2 - Jiantao Group's stock (01888) rose over 2%, with Goldman Sachs optimistic about the Chinese PCB and CCL industries [2] - Pacific Shipping (02343) increased by over 7%, reaching a new high as the BDI index climbed to a two-week high [3] - China Shipbuilding Defense (00317) rose over 3%, with its 2025 performance forecast meeting market expectations, likely benefiting from the integration of shipbuilding assets [4] - CNOOC Services (02883) increased by over 4%, converting $746 million in debt to equity to enhance its oil and gas business in Norway [5] - Kingsray Biotechnology (01548) fell over 6%, following a significant drop of over 11% in its joint venture Legend Biotech's stock price [6] - Nanshan Aluminum International (02610) dropped over 8% due to a 6.4% discount on a rights issue, raising net proceeds of HKD 1.99 billion [7] - New stock Longqi Technology (09611) debuted with a price of HKD 32.5, up 4.84% on its first day of trading [8]

Group 1 - Gold stocks experienced significant declines, with Chifeng Jilong Gold Mining (06693) down 4.32% to HKD 35.42, Lingbao Gold Company (03330) down 3.65% to HKD 23.78, Tongguan Gold (00340) down 3.17% to HKD 3.36, and Zijin Mining (02899) down 3.47% to HKD 39.5 [1] - The decline in gold prices is attributed to a easing of risk aversion, leading to a high-level correction in precious metal prices. On January 22, spot gold and silver prices both fell, with spot gold dropping below USD 4780 per ounce and spot silver reaching a low of USD 90.781 per ounce [1] - According to CITIC Securities, in the short term, the U.S. AI sector is expected to continue growing until 2026, leading to a brief period of capital expenditure expansion globally. It is anticipated that gold prices may be weaker in 2026 compared to 2025, while copper is expected to perform well [1]

Group 1 - Gold stocks experienced significant declines, with Chifeng Jilong Gold Mining (06693) down 4.32% to HKD 35.42, Lingbao Gold Company (03330) down 3.65% to HKD 23.78, Tongguan Gold (00340) down 3.17% to HKD 3.36, and Zijin Mining (02899) down 3.47% to HKD 39.5 [1] - The decline in gold prices is attributed to a decrease in safe-haven sentiment, leading to a pullback in precious metal prices. On January 22, spot gold prices fell below USD 4,780 per ounce, while spot silver prices reached a low of USD 90.781 per ounce [1] - According to CITIC Securities, the outlook for the short term suggests that by 2026, the U.S. AI sector will likely continue, leading to a brief period of capital expenditure expansion globally, with copper expected to outperform gold. It is anticipated that gold prices may be weaker in 2026 compared to 2025, marking a significant shift in the long-term dynamics of gold [1]

截至发稿，赤峰黄金(06693.HK)跌5.19%、灵宝黄金(03330.HK)跌4.38%、山东黄金(01787.HK)跌 4.03%、紫金矿业(02899.HK)跌3.67%。 本文源自：金融界AI电报 ...

每经AI快讯，1月22日，港股黄金股多数调整。截至发稿，赤峰黄金(06693.HK)跌5.19%、灵宝黄金 (03330.HK)跌4.38%、山东黄金(01787.HK)跌4.03%、紫金矿业(02899.HK)跌3.67%。 ...

Core Viewpoint - The A-share silver sector has shown remarkable performance, with several companies in the industry experiencing significant stock price increases. Group 1: Company Performance - Silver Industry Company (601212.SH) latest stock price: 8.57 yuan, daily increase: +10.01%, noted as a comprehensive production base for various non-ferrous metals [1] - Guocheng Mining (000688.SZ) latest stock price: 27.92 yuan, daily increase: +10.01%, primarily operates in Inner Mongolia, a major area for lead, zinc, and silver mining in China [2] - Hunan Silver (002716.SZ) latest stock price: 13.64 yuan, daily increase: +10.00%, recognized as an important base for silver production and export in China [3] - Chifeng Gold (600988.SH) latest stock price: 38.39 yuan, daily increase: +9.81%, main products include silver minerals, with subsidiaries producing zinc, lead, copper, and molybdenum concentrates [4] - Shengda Resources (000603.SZ) latest stock price: 46.00 yuan, daily increase: +9.58%, a leading silver company with high-margin mining operations [5] - Zhuhai Group (600961.SH) latest stock price: 20.47 yuan, daily increase: +7.91%, main smelting products include silver [6] - Yuguang Gold Lead (600531.SH) latest stock price: 15.10 yuan, daily increase: +6.86%, a leading company in silver production, focusing on silver and other non-ferrous and precious metal smelting and sales [7][8] - Hengbang Shares (002237.SZ) noted for owning Yulong Mining, the largest single silver mine in China [10] - Huayu Mining (601020.SH) daily increase: +4.39%, recognized for its "Guiyan" brand silver ingots [11] - Tongling Nonferrous Metals (000630.SZ) latest stock price: 6.21 yuan, with gold and silver as primary products [12] - Shanjin International (000975.SZ) latest stock price: 34.79 yuan, daily increase: +6.23% [12] - Xingye Silver Tin (000426.SZ) latest stock price: 54.20 yuan, daily increase: +4.73%, with a subsidiary being one of the largest silver production mines in China [12] - Guiyan Platinum Industry (600459.SH) daily increase: +2.81%, main products include cathode copper and silver as a by-product of smelting [13]

Market Performance - The Hong Kong stock market showed resilience, with the Hang Seng Index and the Hang Seng Tech Index recovering from previous declines, closing up by 0.37% and 1.11% respectively [1][2] - The overall market remained stable despite a significant drop in US stocks overnight [1] Sector Performance - Major technology stocks saw gains, with notable increases in shares of Hua Hong Semiconductor (up over 5%) and SenseTime (up over 4%) [4][5] - Semiconductor stocks were active, driven by positive sentiment in the AI-driven storage cycle, with companies like Zhaoyi Innovation reaching new highs [2][7] - Gold stocks surged, led by Chifeng Jilong Gold (up over 9%) and Lingbao Gold (up over 8%), as spot gold prices broke through $4,880 [6][8] Individual Stock Movements - The stock of Skyworth Group soared over 37% after announcing a distribution of shares in Skyworth Photovoltaic and plans for a mainboard listing [16] - Southbound funds recorded a net inflow of HKD 13.93 billion, indicating strong investor interest [19] Future Outlook - Analysts predict that the Hang Seng Index could challenge the 30,000 to 31,000 point range by 2026, as current valuations remain below historical averages [21]

Market Overview - The Hong Kong stock market indices collectively rose, with the Hang Seng Index increasing by 0.37% to close at 26,585.06 points, the Hang Seng Tech Index rising by 1.11%, and the State-Owned Enterprises Index up by 0.31% [1][5]. Sector Performance - Technology stocks showed mixed performance, with Kuaishou and Baidu rising over 3%, Alibaba and Bilibili increasing over 2%, while NetEase and Lenovo fell over 3% and 2% respectively [1][5]. - Gold stocks continued to strengthen, with Chifeng Jilong Gold Mining rising over 9%. The international gold price reached a historic high of $4,800 per ounce, with a monthly increase of over 10% [2][6]. - The semiconductor sector led the gains, with Tianjin Zhonghuan Semiconductor rising by 8%. Analysts suggest that the domestic semiconductor industry presents a clear investment opportunity due to ongoing localization efforts [3][7]. - The real estate sector showed divergence, with Vanke rising over 5% and Sunac China falling over 5%. Vanke's bond extension plan was approved, and the Ministry of Housing and Urban-Rural Development emphasized stabilizing the real estate market this year [3][7].