Group 1 - Hong Kong's Hang Seng Index fell by 3.49%, down 916 points, closing at 25,373 points, while the Hang Seng Tech Index dropped by 4.54%. The morning trading volume reached HKD 281.8 billion [1] - Jinli Permanent Magnet (06680) surged over 12% as a rare earth giant announced price increases, with institutions optimistic about the strengthening strategic position of rare earths [1] - Semiconductor stocks rose against the trend, with Huahong Semiconductor (01347) increasing by 3.6%, driven by escalating competition in the technology sector and multiple catalysts for the semiconductor industry [1] - Kingsoft (03888) saw a rise of over 18% at one point, closing up over 9%, as external frictions escalate, highlighting the trend towards self-controlled industries and investment opportunities in the Xinchuang sector [1] - Gold stocks mostly rose due to risk aversion, with spot gold breaking through USD 4,060. Zijin Mining International (02259) increased by 4.6%, and Chifeng Jilong Gold Mining (06693) rose by 2.5% [1] Group 2 - MicroPort Scientific-B (02252) rose over 2% as its commercialization process accelerated, with overseas orders exceeding 60 units [2] Group 3 - Liqin Resources (02245) increased by over 5% following the implementation of cobalt export quotas in the Democratic Republic of Congo [3] - China Merchants Energy (01138) rose over 4% due to seasonal demand and event disturbances, with institutions expecting stronger freight rates [3] - Domestic insurance stocks fell across the board, with Tianan Insurance announcing a debt default of CNY 5.3 billion, which institutions suggest may mark the beginning of market-driven risk pricing. New China Life Insurance (01336) fell by 5%, China Pacific Insurance (02328) by 3.9%, and China Taiping Insurance (02601) by 3.6% [3] Group 4 - Pharmaceutical stocks continued their recent downward trend, with Junshi Biosciences (01877) dropping nearly 10.6% and Kanglong Chemical (03759) falling over 9% [4] Group 5 - Apple-related stocks experienced significant declines, with Hongteng Precision (06088) dropping over 10%, as institutions stated that the impact of tariffs on the supply chain should not be overestimated [5]

Group 1 - The core viewpoint of the article highlights a significant increase in gold stocks, driven by rising gold prices and geopolitical tensions [1] - As of the report, several gold stocks saw notable gains: Zijin Mining International rose by 5.44% to HKD 137.5, Datong Gold increased by 5.38% to HKD 0.49, Chifeng Jilong Gold surged by 3.87% to HKD 33.82, and others followed suit [1] - On October 13, spot gold prices exceeded USD 4060 per ounce, marking a new historical high [1] Group 2 - The article mentions that U.S. President Trump announced a 100% tariff on Chinese imports starting November 1, which adds to existing tariffs and raises significant trade risks [1] - The U.S. will also implement export controls on "all critical software" on the same date, further escalating geopolitical tensions [1] - Guosen Securities expresses a positive outlook on gold prices in the medium to long term, suggesting that the proportion of gold in individual asset allocation should be between 2-10%, while institutional allocations could be increased [1]

Core Insights - The ongoing US-China trade tensions have led to a surge in safe-haven investments, pushing gold prices to a new historical high of $4,060 per ounce [1] - The rise in gold prices has positively impacted the Hong Kong stock market, particularly gold-related stocks, which have shown significant gains [1] Company Performance - Zijin Mining International saw an increase of over 6%, with a latest price of $139.00 and a market capitalization of 372.11 billion, reflecting a year-to-date increase of 94.16% [2] - China Silver Group rose by over 5%, with a latest price of $0.800 and a market capitalization of 2.17 billion, marking a year-to-date increase of 238.98% [2] - Chifeng Jilong Gold experienced a gain of 4.48%, with a latest price of $34.020 and a market capitalization of 64.65 billion, showing a year-to-date increase of 151.16% [2] - Lingbao Gold saw an increase of 4.04%, with a latest price of $19.580 and a market capitalization of 25.20 billion, reflecting a remarkable year-to-date increase of 640.79% [2] - Zefeng Gold rose by 3.55%, with a latest price of $1.750 and a market capitalization of 2.17 billion, indicating a staggering year-to-date increase of 894.32% [2] - Shandong Gold increased by 2.51%, with a latest price of $40.080 and a market capitalization of 184.77 billion, showing a year-to-date increase of 228.34% [2] - Zijin Mining rose by 2.08%, with a latest price of $34.360 and a market capitalization of 913.21 billion, reflecting a year-to-date increase of 152.73% [2] - Jihai Resources increased by 2.27%, with a latest price of $1.800 and a market capitalization of 3.60 billion, marking a year-to-date increase of 116.87% [2] - Zhangguan Gold rose by 2.12%, with a latest price of $2.890 and a market capitalization of 12.71 billion, indicating a year-to-date increase of 504.60% [2] - China National Gold International saw an increase of 1.28%, with a latest price of $141.900 and a market capitalization of 56.25 billion, reflecting a year-to-date increase of 251.42% [2]

Core Viewpoint - The precious metals sector, particularly gold and silver, has seen significant price increases, with gold prices rising 47% this year, potentially marking the largest annual increase since 1979. Silver has outperformed gold, with a price increase of over 62% [2][3]. Group 1: Market Performance - On October 2, the first trading day after the National Day holiday in Hong Kong, gold and silver stocks surged, with several stocks, including China Silver Group, rising over 10%, and China Silver Group specifically increasing by 30% to reach a nearly four-year high [1]. - Year-to-date performance shows that China Silver Group has increased by 192.37%, while Tongguan Gold has surged by 552.72% [2]. Group 2: Price Trends and Predictions - Goldman Sachs has raised its price forecasts for gold, predicting prices could reach $4,000 per ounce by mid-2026 and $4,300 by the end of 2026, indicating further upward potential for gold prices [3]. - The gold-silver ratio, which measures the price relationship between gold and silver, currently stands at approximately 80:1, suggesting that silver may still have room for price increases [8][24]. Group 3: Supply and Demand Dynamics - The global silver market has experienced a supply-demand gap for five consecutive years, with an estimated shortfall of about 4,000 tons in 2025 [18]. - Industrial demand for silver is projected to continue growing, with its share of total demand expected to reach 58% by 2024 [20]. Group 4: Economic Context - The differing economic roles of gold and silver lead to divergent price movements under various economic conditions. Gold primarily serves as a safe-haven asset, while silver has both safe-haven and industrial attributes, which can drive its price higher during economic recoveries [13][14]. - Historical trends indicate that when the gold-silver ratio exceeds 80:1, silver is often undervalued relative to gold, presenting potential investment opportunities [22].

Core Viewpoint - The gold stocks collectively opened lower, influenced by a significant drop in spot gold prices and geopolitical developments in the Middle East [3]. Group 1: Market Performance - Chinese gold stocks such as China Gold International, Zijin Mining International, Shandong Gold, and Chifeng Jilong Gold experienced declines, with drops of 3.99%, 3.75%, 3.71%, and 3.13% respectively [3]. - Spot gold prices fell below $3960 per ounce, retreating nearly $100 from recent highs, while COMEX gold futures dropped by 1.95% [3]. Group 2: Geopolitical Impact - A ceasefire agreement between Hamas and Israel was announced, leading to a rapid decrease in geopolitical tensions, which contributed to the sell-off in gold [3]. - Analysts noted that the recent high prices of gold prompted profit-taking among investors, further pressuring gold prices in the short term [3]. Group 3: Future Outlook - Despite the current price pressures, analysts from Huatai Futures indicated that the underlying factors such as risk premium and the Federal Reserve's accommodative stance have not changed significantly, suggesting potential for future price increases [3].

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 全部或任何部份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。 Chifeng Jilong Gold Mining Co., Ltd. 赤峰吉隆黃金礦業股份有限公司 （H股股份代號：6693） （於中華人民共和國註冊成立的股份有限公司） 建議董事會換屆選舉 本公告乃赤峰吉隆黃金礦業股份有限公司（「本公司」）根據香港聯合交易所有 限公司（「聯交所」）證券上市規則（「上市規則」）第13.51(2)條作出。 建議董事會換屆選舉 於本公告日期，王建華先生、高波先生、楊宜方女士、呂曉兆先生及趙強先生 分別被視為於74,200,071股、153,500股、113,000股、111,700股及204,000股A股 股份（分别相當於本公司已發行股本（即A股及H股）總額約3.9044%、0.0081%、 0.0059%、0.0059%及0.0107%）中擁有權益。 於本公告日期，除本公告所披露者外，各重選董事、趙先生、李博士及蔣博士 均已確認(i)其與本公司任何董事、高級管理人員、 ...

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，並明確表示概不對因本公告 全部或任何部份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。 Chifeng Jilong Gold Mining Co., Ltd. 赤峰吉隆黃金礦業股份有限公司 （H股股份代號：6693） （於中華人民共和國註冊成立的股份有限公司） (1)建議修訂《赤峰吉隆黃金礦業股份有限公司章程》； (2)建議修訂公司《獨立董事工作制度》； (3)建議修訂公司《關聯交易管理制度》；及 (4)建議修訂公司《對外擔保管理辦法》 本公告乃赤峰吉隆黃金礦業股份有限公司（「本公司」）根據香港聯合交易所有 限公司（「聯交所」）證券上市規則（「上市規則」第13.51(1)條作出。 截至本公告日期，執行董事為王建華先生、楊宜方女士、呂曉兆先生及高波先 生；非執行董事為張旭東先生；以及獨立非執行董事為毛景文博士、沈政昌博 士、胡乃連先生及黃一平博士。 為進一步完善公司法人治理，並結合公司實際情況，董事會（「董事會」）建議修 訂《赤峰吉隆黃金礦業股份有限公司章程》（「公司章程」）以及建議修 ...

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之內容概不負責，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依 賴該等內容而引致之任何損失承擔任何責任。 Chifeng Jilong Gold Mining Co., Ltd. 赤峰吉隆黃金礦業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） (H股股份代號：6693) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 此乃赤峰吉隆黃金礦業股份有限公司（「本公司」）登載於中華人民共和國上海證券交 易所網頁的公告。 承董事會命 赤峰吉隆黃金礦業股份有限公司 董事長兼執行董事 王建華 中國北京，2025年10月10日 截至本公告日期，本公司執行董事為王建華先生、楊宜方女士、呂曉兆先生及高波先生；非執行 董事為張旭東先生；以及獨立非執行董事為毛景文博士、沈政昌博士、胡乃連先生及黃一平博士。 2025 年第二次临时股东会 会议资料 二〇二五年十月 | 2025 年第二次临时股东会会议须知 3 | | | --- | --- | | 2025 年第二次临时股东会会议议程 5 ...

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之內容概不負責，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依 賴該等內容而引致之任何損失承擔任何責任。 Chifeng Jilong Gold Mining Co., Ltd. 赤峰吉隆黃金礦業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） (H股股份代號：6693) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 此乃赤峰吉隆黃金礦業股份有限公司（「本公司」）登載於中華人民共和國上海證券交 易所網頁的公告。 承董事會命 赤峰吉隆黃金礦業股份有限公司 董事長兼執行董事 王建華 中國北京，2025年10月10日 截至本公告日期，本公司執行董事為王建華先生、楊宜方女士、呂曉兆先生及高波先生；非執行 董事為張旭東先生；以及獨立非執行董事為毛景文博士、沈政昌博士、胡乃連先生及黃一平博士。 证券代码：600988 证券简称：赤峰黄金 公告编号：2025-051 赤峰吉隆黄金矿业股份有限公司 关于召开 2025 年第二次临时股东会的通知 本公司董事会及全体董事保证本公告内 ...

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之內容概不負責，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依 賴該等內容而引致之任何損失承擔任何責任。 Chifeng Jilong Gold Mining Co., Ltd. 赤峰吉隆黃金礦業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） (H股股份代號：6693) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 此乃赤峰吉隆黃金礦業股份有限公司（「本公司」）登載於中華人民共和國上海證券交 易所網頁的公告。 承董事會命 被提名人胡乃连先生、蒋琪先生、黄一平（Wong Yet Ping Ambrose）先生和李厚民先生已经参加培训并取得证券交易所认可的 相关培训证明材料。 赤峰吉隆黃金礦業股份有限公司 董事長兼執行董事 王建華 中國北京，2025年10月10日 截至本公告日期，本公司執行董事為王建華先生、楊宜方女士、呂曉兆先生及高波先生；非執行 董事為張旭東先生；以及獨立非執行董事為毛景文博士、沈政昌博士、胡乃連先生及黃一平博士。 独立董事提名人声明与承诺 提 ...