Shang Hai Zheng Quan Bao·2025-10-02 09:25Group 1: Precious Metals and Semiconductor Sector Performance - The precious metals and semiconductor sectors experienced significant gains, with China Silver Group closing up over 30% and Tongguan Gold rising over 15% [1] - The semiconductor chip sector saw a collective surge, with SMIC rising 12.7% and Hua Hong Semiconductor increasing over 7% [2][1] Group 2: Semiconductor Market Trends - China Galaxy reported an upward trend in semiconductor demand, driven by AI as a core growth engine, with increased demand for SoC chips and TWS earphones [4] - The AI chip giant Cambricon disclosed a fundraising result of 3.985 billion yuan, indicating strong market interest in the chip sector [4] Group 3: Zijin Gold International Performance - Zijin Gold International saw a 14.01% increase on its second trading day, following a 68.46% rise on its debut, totaling over 92% in two days [5] - The company is set to be included in the Hang Seng Composite Index by October 2025, reflecting its growing market presence [5] Group 4: Gold Price Trends - International gold prices reached a new record, with London gold nearing $3900 per ounce, and COMEX gold also surpassing $3900 [6] - The price of gold jewelry remained high, with prices for 24K gold jewelry reaching 1129 yuan per gram [6] Group 5: Alibaba's Stock Performance - Alibaba's stock reached a new high since August 2021, closing up 3.45% with a trading volume exceeding 17.5 billion HKD [7][10] - Multiple brokerages have raised their target prices for Alibaba, with JPMorgan increasing its target from 165 HKD to 240 HKD, citing better-than-expected cloud revenue growth [10]