Core Viewpoint - Chifeng Jilong Gold Mining Co., Ltd. (06693.HK) has seen its stock price increase by over 3%, currently trading at 29.4 HKD with a transaction volume of 235 million HKD [2] Summary by Category - **Stock Performance** - The stock price of Chifeng Jilong Gold has risen by 3.09% [2] - Current trading price is 29.4 HKD [2] - Total transaction volume reached 235 million HKD [2]

消息面上，赤峰黄金拟10月24日举行董事会，以（其中包括）考虑及批准公司及其附属公司截至2025年 9月30日止九个月的未经审计的2025年第三季度业绩及其发布。此外，10月23日下午，现货黄金拉升走 高，一度站上4130美元/盎司，较日低回升逾60美元。高盛在最新研报中维持黄金2026年底达到每盎司 4900美元的预测。该行表示，由于市场对黄金作为战略投资组合多元化工具的兴趣日益增长，我们仍然 认为到2026年底，金价突破4900美元预测目标的风险正在上升。 智通财经APP获悉，赤峰黄金(06693)转涨逾3%，截至发稿，涨3.09%，报29.4港元，成交额2.35亿港 元。 ...

Group 1 - Chifeng Gold (06693) shares rose over 3%, currently up 3.09% at HKD 29.4, with a trading volume of HKD 235 million [1] - The company plans to hold a board meeting on October 24 to consider and approve the unaudited Q3 2025 results for the nine months ending September 30, 2025 [1] - On October 23, spot gold prices surged, reaching USD 4,130 per ounce, recovering over USD 60 from the daily low [1] Group 2 - Goldman Sachs maintains its forecast for gold to reach USD 4,900 per ounce by the end of 2026, citing increasing market interest in gold as a strategic diversification tool [1] - The risk of gold prices exceeding the USD 4,900 target by the end of 2026 is considered to be rising [1]

Core Viewpoint - The Hong Kong gold stocks continue to decline, with significant drops in major companies, reflecting a broader trend in the precious metals market as gold and silver prices experience a downturn [1] Group 1: Market Performance - China Silver Group saw a sharp decline of 6%, while Zhaojin Mining and Shandong Gold fell nearly 4%, with Shandong Gold's cumulative drop exceeding 20% over the past eight days [1] - Other companies such as China National Gold and Zhu Feng Gold also experienced declines of over 3%, while Tongguan Gold, Zijin Mining, Chifeng Jilong Gold, and Lingbao Gold all dropped more than 2% [1] Group 2: Price Movements - In the Asian market, gold prices continued to adjust, reaching $4,070 per ounce, down 0.77%, while silver prices fell by 1% to $47.96 per ounce [1] - The Sukdun Financial Research team noted that the decline in precious metal prices may reflect profit-taking and a decrease in safe-haven fund flows rather than movements in U.S. Treasury yields [1] Group 3: Market Reactions - Many gold retailers expressed shock at the volatility of gold prices, reporting a decrease in transaction volumes due to the recent price adjustments [1] - The recent drop in gold prices has also cooled the previously active gold recycling market, with some retailers noting a lack of interest in silver products following a significant price drop [1]

Group 1 - The core point of the news is that southbound funds have reduced their holdings in Chifeng Jilong Gold Mining Co., Ltd. by 2.1 million shares on October 22, 2025, marking a decrease of 1.86% [1] - Over the past five trading days, there have been two days of net reductions in holdings, totaling 2.03 million shares [1] - In the last 20 trading days, southbound funds have increased their holdings on 14 days, with a cumulative net increase of 5.50 million shares [1] Group 2 - As of now, southbound funds hold 111 million shares of Chifeng Jilong Gold, which represents 46.93% of the company's total issued ordinary shares [1] - The company primarily engages in the mining, selection, and sales of gold, and also involves in the mining and smelting of zinc, lead, copper, and molybdenum [2] - The main products of the company include precious metals like gold and electrolytic copper, which are utilized across various sectors such as central banks, investment, jewelry, industrial applications, infrastructure, construction, and equipment manufacturing [2]

Group 1 - Gold stocks experienced a collective rebound in early trading, with notable increases in share prices: Zhaojin Mining rose by 4.91% to HKD 32.02, Zijin Mining increased by 3.33% to HKD 33.56, Shandong Gold rose by 2.35% to HKD 36.56, Lingbao Gold increased by 2.18% to HKD 19.22, and Chifeng Jilong Gold rose by 1.81% to HKD 30.3 [3] - The surge in gold prices was driven by ongoing concerns over a potential U.S. government shutdown, leading to increased market expectations for a Federal Reserve rate cut and central banks globally increasing their gold holdings [3] - As of the close, the December gold futures price on the New York Mercantile Exchange reached USD 4,359.4 per ounce, marking a 3.47% increase [3] Group 2 - HSBC's recent commodity outlook report indicates that the upward momentum for gold is expected to continue until 2026, supported by strong gold purchases from central banks, ongoing fiscal concerns in the U.S., and expectations for further monetary easing [3] - The target price for gold set by HSBC is USD 5,000 per ounce, reflecting the anticipated sustained demand and market conditions [3]

Core Viewpoint - The significant drop in international gold prices has led to a collective decline in Hong Kong gold stocks, with major companies experiencing substantial losses [2][4]. Group 1: Market Performance - As of the report, major gold stocks in Hong Kong faced severe declines, with China Silver Group down 8.33%, Zhaojin Mining down 5.70%, Lingbao Gold down 5.25%, and Shandong Gold down 4.91% [2][3]. - The COMEX gold futures experienced a notable drop of 5.39%, closing at $4,138.50 per ounce, while spot gold fell by 5.29% to $4,125.79 [4]. Group 2: Price Dynamics - The recent plunge in gold prices occurred after a year-to-date increase of over 60%, starting from $2,651 per ounce and surpassing the $4,000 psychological barrier [7]. - The decline is attributed to two main factors: technical adjustment pressures due to overbought conditions and a reduction in demand for gold as a safe-haven asset amid improving international trade tensions [7]. Group 3: Long-term Outlook - Despite short-term volatility, many institutions maintain a positive outlook on gold's long-term value and potential for price increases [8]. - Deutsche Bank's report indicates that the proportion of "foreign exchange + gold" in global official reserves has risen from 24% to 30%, suggesting that gold prices could theoretically reach $5,790 per ounce if it aligns more closely with the dollar [8][9]. - A survey by the World Gold Council reveals that 95% of central banks plan to increase their gold holdings in the next 12 months, with global central bank net purchases of gold in 2024 reaching 1,136 tons, second only to historical peaks [9].

Core Viewpoint - The Hong Kong stock market saw a significant decline in gold and precious metal stocks following a sharp sell-off in the precious metals market, with gold experiencing its largest single-day drop in 12 years [1] Group 1: Market Performance - Gold and precious metal stocks opened lower across the board, with notable declines including Dragon Resources down 9%, Datang Gold down nearly 9%, and Zijin Gold International down over 6% [1] - The sell-off was triggered by a nearly $280 drop in spot gold prices, marking the largest single-day decline in 12 years, while spot silver fell over 8%, dropping below $48, the largest decline since February 2021 [1] Group 2: Contributing Factors - Multiple factors contributed to the decline in precious metals, including positive developments in international trade negotiations, a strengthening US dollar, technical overbought conditions, uncertainty due to the US federal government shutdown, and the end of seasonal buying in India [1]

Group 1 - The core viewpoint of the article highlights a collective rebound in Hong Kong gold stocks on October 21, with notable increases in share prices for several companies [1] Group 2 - Zhaojin Mining (01818.HK) saw a rise of 4.91%, reaching HKD 32.02 [1] - Zijin Mining (02899.HK) increased by 3.33%, with shares priced at HKD 33.56 [1] - Shandong Gold (01787.HK) experienced a 2.35% gain, trading at HKD 36.56 [1] - Lingbao Gold (03330.HK) rose by 2.18%, with a share price of HKD 19.22 [1] - Chifeng Jilong Gold Mining (06693.HK) increased by 1.81%, reaching HKD 30.3 [1]

Group 1 - Gold stocks experienced a collective rebound in early trading, with notable increases in companies such as Zhaojin Mining (01818) up 4.91% to HKD 32.02, Zijin Mining (02899) up 3.33% to HKD 33.56, and Shandong Gold (01787) up 2.35% to HKD 36.56 [1][1][1] - The surge in gold prices is attributed to the ongoing U.S. federal government "shutdown," which has led to increased market optimism regarding the Federal Reserve's interest rate cuts and the prospect of global central banks increasing their gold holdings [1][1][1] - As of the close, the December gold futures price on the New York Commodity Exchange reached USD 4,359.4 per ounce, marking a 3.47% increase and setting a new intraday historical high [1][1][1] Group 2 - HSBC's recent commodity outlook report indicates that the upward momentum for gold is expected to continue until 2026, driven by strong gold purchases from central banks, ongoing fiscal concerns in the U.S., and expectations of further monetary easing [1][1][1] - HSBC has set a target price for gold at USD 5,000, reflecting the anticipated sustained demand and market conditions [1][1][1]