预计2025年年度实现归属于上市公司股东的扣除非经常性损益后的净利润约为人民币297,000万元到人 民币317,000万元，与上年同期(法定披露数据)相比，将增加约人民币126,975万元到人民币146,975万 元，同比增加约75%到86%。 格隆汇1月5日丨赤峰黄金(06693.HK)公告，公司预计2025年年度实现归属于上市公司股东的净利润约为 人民币30亿元到人民币32亿元，与上年同期(法定披露数据)相比，将增加约人民币123,566万元到人民币 143,566万元，同比增加约70%到81%； ...

智通财经APP讯，赤峰黄金(600988.SH)披露2025年度业绩预增公告，公司预计2025年度实现归属于上 市公司股东的净利润为30亿元到32亿元，同比增加约70%到81%。预计2025年度实现归属于上市公司股 东的扣除非经常性损益的净利润为29.7亿元到31.7亿元，同比增加约75%到86%。 公告显示，公司2025年度主营黄金产量约为14.4吨，主营黄金产品销售价格同比上升约49%，境内外矿 山企业盈利能力增强。 ...

Core Viewpoint - The article discusses the significant rise in gold prices due to geopolitical tensions, with a notable increase of nearly $100 to $4430 per ounce on January 5, 2026, and highlights the optimistic outlook for gold in 2026 driven by monetary easing and heightened risk aversion [1][3][9]. Price Adjustments - Jewelry brands, such as Chow Sang Sang, are adjusting their gold jewelry prices upwards by 200 to 1500 yuan starting January 6, 2026, in response to the rising international gold prices [3][4]. - The price of 24K gold jewelry was reported at 1376 yuan per gram on January 5, 2026, reflecting the sensitivity of jewelry prices to fluctuations in international gold prices [5][7]. Market Sentiment and Predictions - The surge in gold prices is attributed to a concentrated release of market risk aversion, with institutions expressing a positive outlook for gold prices throughout 2026 [3][9]. - UBS has raised its gold price targets for March, June, and September 2026 from $4500 to $5000 per ounce, indicating a strong demand for gold as a safe-haven asset amid geopolitical risks [9][10]. - The report suggests that if financial or political risks escalate, gold prices could challenge the $5400 per ounce mark [10]. Institutional Insights - The article notes that global central banks are expected to increase their gold purchases to 950 tons in 2026, up from a previous estimate of 900 tons, reflecting a strong intent to diversify reserves [10]. - The current market dynamics indicate that gold remains a critical asset for hedging against macroeconomic uncertainties, despite potential short-term volatility due to policy changes or market sentiment [10].

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 赤峰黄金（600988）1月5日发布2025年业绩预增公告，预计实现净利润为30.00亿元~32.00亿元，净利 润同比增长70.00%~81.00%。 证券时报·数据宝统计显示，赤峰黄金今日收于31.99元，上涨2.40%，日换手率为3.20%，成交额为17.07 亿元，近5日上涨0.63%。通过对2025年业绩预增50%以上的个股走势进行统计发现，预告发布后当日股 价上涨的占比70.00%，股价发布当日股价涨停的有1家。预告发布后5日股价上涨的占比80.00%。 资金面上，该股今日主力资金净流出4197.50万元，近5日资金净流出3.81亿元。最新（12月31日）两融 余额16.90亿元，其中，融资余额16.82亿元，环比前一交易日增长4.68%，近5日融资余额累计增长 5.98%。（数据宝） （文章来源：证券时报网） ...

赤峰黄金1月5日公告，预计2025年归母净利润30亿元-32亿元，同比增加约70%-81%。 业绩增长主要原 因是由于公司2025年度主营黄金产量约为14.4 吨，主营黄金产品销售价格同比上升约49%，境内外矿山 企业盈利能力增强。 ...

Market Overview - The Hong Kong stock market opened slightly higher, with the Hang Seng Index at 26,361.44 points, up 22.97 points, a gain of 0.09% [1] - The Hang Seng Tech Index reached 5,755.28 points, increasing by 18.84 points, a rise of 0.33% [3] Company Focus - Kuaishou Technology (HK01024) saw its stock price rise over 10% in early trading [4] - Kuaishou has conducted a share buyback from December 15 to 30, 2025, repurchasing a total of 9.9627 million shares for a total amount of HKD 643 million, despite a cumulative drop of 4.37% during this period [6] Sector Performance - Technology stocks showed mixed performance, with Alibaba up over 2% and Bilibili up over 3% [6] - Oil and gas equipment stocks opened higher, with Shandong Molong rising over 13% [6] - Gold stocks were active, with Zijin Mining International up over 1% [6] - Power equipment stocks opened lower, with Goldwind Technology down over 6% [6] - Chinese brokerage stocks generally fell, with China Merchants Securities down over 1% [6] - China Aluminum Corporation rose over 6%, while new consumption stocks rebounded, with Pop Mart up over 2% and Chow Tai Fook up over 5% [6] - Newly listed company Woan Robotics (HK06600) continued to attract investment, rising over 20% in early trading and up over 50% from its issue price [6] Market Outlook - Huatai Securities believes that the current market sentiment and liquidity environment are better than in November, increasing the likelihood of successful investments in Hong Kong stocks [8] - Recommendations include continuing to invest in technology chains with performance expectations, as well as balancing cash flow assets [8] - The report highlights three key areas for investment: upstream resources in the power chain, travel-related sectors benefiting from domestic demand policies, and domestic AI leaders in the technology sector [8] - GF Securities' Liu Chenming team is optimistic about the Hong Kong market's rebound, noting a shift from traditional economic cycles to hard technology sectors like AI applications and new energy [9] - The team indicates that previous liquidity and sentiment issues that suppressed the Hong Kong market may have adjusted, suggesting potential for rebounds in the Hang Seng Tech Index [9]

Group 1 - Gold and silver prices experienced significant increases on January 5, with London gold reaching $4,400 and peaking at $4,419.81 per ounce, marking a daily increase of 0.81%. COMEX gold rose by 1.88%, while COMEX silver surged by 5.73% [1][4]. - The rise in precious metal prices is attributed to heightened geopolitical tensions, particularly in the Middle East and Ukraine, alongside increasing probabilities of a Federal Reserve rate cut in January. This has led to a surge in market risk aversion, providing support for gold prices [4]. - Long-term factors such as the anticipated Federal Reserve rate cut cycle, increasing uncertainty in overseas macroeconomic policies, and a global trend towards de-dollarization are expected to continue supporting gold prices [4]. Group 2 - As of January 5, the latest prices for gold jewelry were reported as follows: Chow Tai Fook at 1,378 yuan per gram, Chow Sang Sang at 1,376 yuan per gram, and Lao Feng Xiang at 1,370 yuan per gram. Some gold jewelry prices increased by 22 yuan overnight [5].

Group 1 - International gold is currently trading at 989.67 yuan per gram, with a rise of 1.84%, reaching a high of 991.97 yuan and a low of 972.23 yuan [1] - The short-term outlook for international gold appears bullish, influenced by recent events in Venezuela [2] - Technical analysis indicates that gold prices have the potential to form a strong upward trend after breaking through the resistance level of approximately 4400 USD [2] Group 2 - The market is expected to experience volatility due to key economic data releases this week, including the ADP report, initial jobless claims, and the official non-farm payroll report [2] - A stable support level for gold is identified around 4380 USD, which may present a buying opportunity [2] - The current market sentiment is influenced by geopolitical tensions and economic conditions in Latin America, particularly regarding Colombia and Venezuela [2]

周一(1月5日)亚洲时段，现货黄金价格一度涨超2%，截至发稿，现货黄金暂报4408.25美元/盎司，上涨 1.81%，最高触及4419.54美元/盎司，最低下探4331.59美元/盎司。避险情绪升温，支撑金价走强，在地 缘局势不确定性情况下，金价重获多头回补，但美元同步走高，因此金价短期向上加速的概率不大，维 持高位震荡。 美国于1月3日对委内瑞拉发动军事行动，导致该国总统马杜罗被捕并被带离。行动涉及对军事基地及多 处目标的打击，造成平民伤亡，委内瑞拉随后宣布全国进入紧急状态。 据报道，莫斯科将美国1月3日的行动描述为武装入侵，并警告称此类举动将大幅加剧本已动荡地区的进 一步升级风险。俄罗斯的回应反映出其长期反对单边军事行动，特别是在拉丁美洲，莫斯科一再强调该 地区应保持为不受外部干涉的和平区域。 美国参议员迈克.李1月3日表示，随着马杜罗被捕，美军在委内瑞拉的军事动作已经结束。李在社交平 台X上发文援引国务卿马可.卢比奥的言论称，既然马杜罗已被美方羁押，后续不太可能再采取军事行 动。 与此同时，美国副国务卿克里斯托弗.兰道再度强调马杜罗将面临法律审判，这表明华盛顿的焦点可能 正从军事动作转向司法与外交程序。 ...

Core Viewpoint - The precious metals market is experiencing a significant upward movement, with spot gold prices surpassing $4,400 per ounce, driven by expectations of a Federal Reserve interest rate cut in 2026 and heightened geopolitical tensions that are fostering safe-haven demand [1][3]. Group 1: Market Dynamics - Spot gold rose by 1.59% to $4,400.530 per ounce, while COMEX gold futures increased by 1.55% [1]. - The rise in gold prices is primarily attributed to the growing market anticipation of a Federal Reserve interest rate cut and ongoing geopolitical tensions [3]. Group 2: Upcoming Events and Data - Key upcoming events include the potential rebalancing of the Bloomberg Commodity Index from January 8 to 14, which may lead to technical adjustments in gold and silver positions, with estimated sell-off volumes potentially accounting for 9% of total silver holdings and 3% of total gold holdings [3]. - The U.S. non-farm payroll and unemployment data for December, set to be released on January 9, is expected to significantly impact gold prices [3]. Group 3: Geopolitical Factors - Recent tensions between the U.S. and Venezuela, including military actions and diplomatic statements, are contributing to the rise in safe-haven demand for gold [4]. - The situation is further complicated by ongoing drone attacks in Russia, attributed to Ukraine, which adds to the overall geopolitical uncertainty [4]. Group 4: Monetary Policy Expectations - Market expectations for the Federal Reserve's monetary policy indicate a 17.2% probability of a 25 basis point rate cut in January, with an 82.8% chance of maintaining current rates. By March, the cumulative probability of a 25 basis point cut rises to 44.1% [4]. - The dual influence of monetary policy expectations and safe-haven sentiment is expected to continue driving gold prices in the near term [4].