ZHONGJIN GOLD(SH:600489) Sou Hu Cai Jing·2025-09-12 05:39Core Viewpoint - On September 11, 2025, Zhongjin Gold (600489) experienced a financing net sell of 57.48 million yuan, with a financing balance of 2.609 billion yuan, indicating a mixed trend in financing activities over the past 20 trading days, with 11 days showing net buying [1]. Financing Activities - On September 11, 2025, the financing buy amounted to 251 million yuan, while financing repayment was 309 million yuan, resulting in a net sell of 57.48 million yuan and a financing balance of 2.609 billion yuan, which represents 2.83% of the circulating market value [2]. - Over the past 20 trading days, there were 11 days of net financing buy, suggesting fluctuating investor sentiment [1]. Margin Trading - On September 11, 2025, there were 7,500 shares sold short and 5,800 shares repaid, leading to a net sell of 1,700 shares, with a remaining short position of 393,600 shares [3]. - The margin trading balance on September 11, 2025, was 2.616 billion yuan, reflecting a decrease of 2.15% from the previous day [4]. Market Trends - The total margin trading balance decreased by 57.487 million yuan on September 11, 2025, marking a decline of 2.15% [4]. - The margin trading balance had previously increased by 280 million yuan on September 9, 2025, indicating volatility in trading activities [4]. ETF Insights - The gold stock ETF (product code: 159562) tracking the CSI Hong Kong and Shanghai Gold Industry Index saw a 4.18% change over the last five days, with a price-to-earnings ratio of 23.95 times [7]. - The latest share count for the ETF is 580 million, with an increase of 23 million shares, although there was a net outflow of 23.969 million yuan in principal funds [7].