(责任编辑：宋政 HN002) 格隆汇10月14日｜经贸摩擦升级致风险市场持续承压，港股三大指数高开低走呈单边下跌行情，且午后 开盘加速走低。截止收盘，恒生科技指数跌幅最大，收跌3.62%失守6000点大关，恒生指数、国企指数 分别下跌1.73%及1.55%，恒指报25441点，国指险守9000点关口。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 盘面上，作为市场风向标的大型科技股集体下跌，其中，快手跌近7%，百度跌超5%，阿里巴巴跌 4.3%，网易、腾讯跌近3%，美团跌1.5%，小米、京东均走低；现货黄金白银短线跳水，黄金股领衔有 色金属股下跌，赤峰黄金(600988)跌近7%，中国黄金国际、紫金矿业(601899)跌6.6%；昨日强势的半导 体芯片股大幅下挫，华虹半导体大跌13%，中芯国际跌8.5%；濠赌股、生物医药股、苹果概念股、钢铁 股、军工股、手游股、重型机械股、中资券商股、汽车股纷纷下跌。 ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取的行動有任何疑問，應諮詢 閣下的持牌證券商、銀行經理、律師、專業會 計師或其他專業顧問。 閣下如已將名下的赤峰吉隆黃金礦業股份有限公司（「本公司」）股份全部售出或轉讓，應立即將本通函及隨附 的代理人委任表格送交買主或承讓人或經手買賣或轉讓的持牌證券商或其他代理商，以便轉交買主或承讓 人。 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通函的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不就因本通函全部或任何部分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 （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） 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》 4. 建議修訂公司《對外擔保管理辦法》 5. 建議選舉公司第九屆董事會非獨立董事 6. 建議選舉公司第九屆董事會獨立董事 及 2025年臨時股東會通告 本封面所用詞彙與 ...

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） 2025年臨時股東會通告 茲通告赤峰吉隆黃金礦業股份有限公司（「本公司」或「公司」）謹訂於2025年10 月31日（星期五）下午一時正，假座位於中華人民共和國（「中國」）北京市豐台 區萬豐路小井甲7號赤峰黃金會議室舉行2025年臨時股東會，以審議、批准及 授權以下事項： 特別決議案 1. 審議及批准關於修訂《赤峰吉隆黃金礦業股份有限公司章程》的議案 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 普通決議案 1 2. 審議及批准關於修訂公司《獨立董事工作制度》的議案 3. 審議及批准關於修訂公司《關聯交易管理制度》的議案 4. 審議及批准關於修訂公司《對外擔保管理辦法》的議案 普通決議案（以累積投票方式投票） 5. 審 ...

Market Overview - The Hong Kong stock market experienced a significant decline, with the Hang Seng Index closing at 25,441 points, down 1.73%, while the Hang Seng Tech Index fell 3.62%, dropping below the 6,000-point mark [1][2] - Major technology stocks led the market downturn, with semiconductor stocks also suffering substantial losses [2][4] Sector Performance - The technology sector saw widespread declines, with notable drops including Hua Hong Semiconductor down over 13% and SMIC down over 8% [4][5] - Gold and precious metals stocks also fell sharply, with Zijin Mining and Chifeng Jilong Gold both dropping over 6% [6] - The gambling sector continued its downward trend, with New World Development down over 8% and Galaxy Entertainment down over 5% [11][12] - Conversely, banking stocks showed resilience, with Chongqing Rural Commercial Bank rising over 6% and China Merchants Bank up over 4% [13][14] - The film and entertainment sector performed well, with Huayi Brothers Media surging nearly 20% [15][16] Capital Flows - Southbound funds recorded a net inflow of 8.603 billion HKD, indicating continued interest in Hong Kong stocks despite the market volatility [17] Future Outlook - Analysts suggest that the recent escalation in US-China trade tensions may increase market uncertainty, but they remain optimistic about the medium-term outlook for Hong Kong stocks, particularly in sectors like AI, innovative pharmaceuticals, and new consumption [19]

Market Overview - The precious metals sector experienced a decline of 2.33% on October 14, with Zhaojin Gold leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Individual Stock Performance - Xibu Gold (601069) rose by 3.34% to a closing price of 34.00, with a trading volume of 753,400 shares and a transaction value of 2.614 billion [1] - Hunan Silver (002716) increased slightly by 0.13% to 7.63, with a trading volume of 4.0752 million shares and a transaction value of 3.227 billion [1] - Zhaojin Gold (000506) fell by 5.75% to 13.27, with a trading volume of 1.0891 million shares and a transaction value of 1.533 billion [2] Capital Flow Analysis - The precious metals sector saw a net outflow of 1.145 billion from institutional investors, while retail investors contributed a net inflow of 985 million [2][3] - The capital flow for individual stocks indicates that Hunan Silver had a net outflow of 211 million from institutional investors, while retail investors contributed a net inflow of 199 million [3] Summary of Key Stocks - Zhaojin Gold had the highest net outflow from institutional investors at 1.24 billion, with a retail net inflow of 155 million [3] - Xibu Gold experienced a net outflow of 151 million from institutional investors, with a retail net inflow of 263 million [3] - Hunan Gold (002155) had a net outflow of 158 million from institutional investors, while retail investors had a net inflow of 239 million [3]

Market Overview - The escalation of trade tensions has led to sustained pressure on the risk market, with Hong Kong's three major indices opening high but experiencing a downward trend throughout the day [1] - The Hang Seng Tech Index saw the largest decline, dropping 3.62% and falling below the 6000-point mark, while the Hang Seng Index and the National Enterprises Index fell by 1.73% and 1.55%, respectively, closing at 25,441 points and just above the 9,000-point threshold [1] Sector Performance - Major technology stocks, which serve as market indicators, collectively declined, with Kuaishou down nearly 7%, Baidu over 5%, Alibaba down 4.3%, and both Netease and Tencent falling nearly 3% [1] - Gold and silver prices experienced a sharp drop, leading to declines in gold stocks, with Chifeng Jilong Gold Mining down nearly 7% and China Gold International and Zijin Mining down 6.6% [1] - Semiconductor stocks, which had shown strength previously, saw significant declines, with Huahong Semiconductor plummeting 13% and SMIC down 8.5% [1] - Other sectors such as gambling, biomedicine, Apple-related stocks, steel, military, mobile gaming, heavy machinery, Chinese brokerage firms, and automotive stocks also experienced declines [1] Contrasting Performance - In contrast, banking stocks showed resilience, with China Merchants Bank rising 4.7%, China Construction Bank up 2.3%, and Industrial and Commercial Bank of China nearly 2% higher [1] - Some sectors such as film and television, shipping, and domestic insurance stocks saw partial increases, with Huanyue Media notably rising nearly 20% [1]

Group 1 - The A-share market is being dragged down by the Asia-Pacific market, with significant declines observed in major indices such as the Nikkei and the Hang Seng Tech Index, which fell over 3% [1][3][5] - The decline in the markets is attributed to two main factors: ongoing uncertainties related to trade disputes and significant fluctuations in the Japanese market, particularly the appreciation of the yen and the sharp drop in Japanese stocks [1][3] Group 2 - The Korean market also experienced declines, with major indices dropping nearly 1%. Notable stock movements included a 5.8% drop in SoftBank and a 2.8% decline in Samsung Electronics, despite the latter reporting its highest quarterly operating profit in over three years [5] - In Hong Kong, all major indices weakened, with the Hang Seng Tech Index falling over 3% and the Hang Seng Index dropping more than 2%. The A-share market saw the ChiNext Index decline over 4% and the Shenzhen Component Index drop more than 2%, with over 3,500 stocks in the Shanghai and Shenzhen markets declining [5] Group 3 - The cryptocurrency market also faced significant declines, with Bitcoin dropping 2.75% to $112,620.4 and Ethereum falling 5.06% to $4,072.42, influenced by negative sentiment from social media regarding short positions [6] - The market sentiment has been impacted by structural issues, with notable declines in sectors such as semiconductors and battery stocks, leading to a significant contribution to the overall market decline from companies like Industrial Fulian and Zijin Mining [8] Group 4 - Analysts suggest that the current market conditions differ from those in April, with many core asset prices at high levels and financing balances also elevated. The focus should be on maintaining liquidity stability, with undervalued blue-chip stocks potentially becoming the mainstay during downturns [8] - The bond market experienced a rebound, indicating a potential increase in risk appetite and opportunities for returns. Analysts from Guotai Junan believe that external shocks leading to asset declines present a good opportunity to increase holdings in the Chinese market, as the boundaries of trade risks are clearer now compared to previous months [8][9]

Market Overview - The A-share market was negatively impacted by the Asia-Pacific market, with significant declines observed in major indices such as the Nikkei, which dropped over 3% [1][3]. - The Korean market also followed suit, with both Kospi indices experiencing nearly 1% declines [5]. - Hong Kong's Hang Seng Technology Index fell by over 3%, contributing to a broader market downturn [5]. Key Factors Influencing Market Movement - The primary reasons for the market sell-off include ongoing uncertainties related to trade disputes and significant fluctuations in the Japanese market, particularly the yen's appreciation and the sharp decline in Japanese stocks [1][3]. - Reports of mysterious accounts shorting virtual currencies have also contributed to market fears, leading to a drop in cryptocurrency prices, including Bitcoin and Ethereum [6]. Sector Performance - In the A-share market, the ChiNext Index saw a decline of over 4%, while the Shenzhen Component Index fell by more than 2% [5]. - Key sectors such as semiconductor chips, consumer electronics, and non-ferrous metals experienced the largest declines, with over 3,500 stocks in the Shanghai and Shenzhen markets falling [5]. - Gold stocks also faced significant sell-offs, with Zijin Mining dropping over 6% after reaching a historical high earlier in the day [5]. Investment Sentiment and Future Outlook - Analysts suggest that the current market sentiment is influenced by structural issues rather than just external shocks, with a notable shift of funds towards undervalued sectors [7][8]. - The market is currently characterized by high valuations of core assets and elevated financing balances, indicating a need to stabilize and avoid liquidity risks [8]. - Despite the recent downturn, some analysts view the external shocks as potential buying opportunities for the Chinese market, given clearer boundaries on trade risks and improved domestic financial stability [8][9]. - The ongoing transformation of the Chinese economy and the demand for quality assets are seen as underlying trends that could support market recovery [9].

Group 1 - Gold stocks experienced a significant decline in the afternoon of October 14, with Zijin Mining falling over 5% after reaching a historical high earlier in the day [1] - Other gold companies such as Zhaojin Mining, Zhongjin Gold, Shandong Gold, Chifeng Gold, and Sichuan Gold also saw collective drops in their stock prices [1] Group 2 - Zhaojin Mining's stock price decreased by 4.12%, currently priced at 13.50 [2] - Sichuan Gold's stock fell by 3.60%, with a current price of 30.23 [2] - Zhongjin Gold's stock declined by 3.37%, now at 24.64 [2] - Chifeng Gold's stock dropped by 3.18%, currently priced at 31.08 [2] - Shandong Gold's stock decreased by 1.95%, with a current price of 42.75 [2]

Core Viewpoint - Gold stocks are experiencing a significant decline in the afternoon trading session, influenced by fluctuations in international gold prices and market sentiment regarding economic conditions and monetary policy [1] Company Performance - Chifeng Jilong Gold Mining (06693) is down 7.64%, trading at HKD 32.88 [1] - China Gold International (02099) has decreased by 6.6%, currently at HKD 134.5 [1] - Zijin Mining (02899) fell by 5.67%, now at HKD 32.3 [1] - Shandong Gold Mining (01787) is down 4.01%, trading at HKD 40.2 [1] Market Conditions - International gold prices saw a sharp decline, briefly dropping below USD 4,120 per ounce before rebounding, after previously surpassing the USD 4,170 mark [1] - CITIC Futures noted that trade tensions and expectations of monetary easing are driving gold prices, supported by Federal Reserve rate cut expectations, a weaker dollar, and the U.S. fiscal deadlock [1] - The government shutdown has weakened the availability of economic data, leading to a market sentiment of "no data is bullish," which continues to drive buying [1] - A potential short-term technical correction may occur if overbought conditions arise, with USD 4,000 identified as a key support level, and increased price volatility could trigger profit-taking [1]