Group 1 - The gold stock sector is experiencing significant gains, with notable increases in stocks such as Western Gold, Mankalon, and others, indicating strong market interest in gold-related investments [1] - The Huafu Yongxin Flexible Allocation Mixed Fund has heavily invested in gold-related companies, achieving a year-to-date increase of 25.23% as of May 30, 2025, reflecting the positive impact of rising gold prices on these stocks [1] - International gold prices have surged, with spot gold breaking through $3,380 per ounce and COMEX gold futures rising by 2.74% to $3,406.4 per ounce, indicating a bullish trend in the gold market [1] Group 2 - Short-term market sentiment is supported by potential risks from U.S. "reciprocal tariffs," leading to a rise in gold prices, while long-term uncertainties in global tariff policies and regional politics continue to bolster gold's appeal as a safe-haven asset [2] - The Huafu Yongxin Flexible Allocation Mixed Fund focuses on diversifying investments in A-share gold-related companies, allowing for exposure to the benefits of rising gold prices while mitigating risks associated with holding individual gold stocks [2]

Group 1 - Gold prices have surged, reaching a historic high of $3,500 per ounce, with a year-to-date increase of 33% and a maximum rise of over $400 in the last 10 trading days, driven by strong global demand for safe-haven assets [1] - The Hua Fu Yong Xin Flexible Allocation Mixed Fund has heavily invested in gold-related companies such as Zijin Mining, Shandong Gold International, and others, achieving a year-to-date increase of 37.31% as of April 21, 2025 [1] - The fund manager believes that the declining trust in credit currencies, particularly the US dollar, amid complex international political and economic conditions, will continue to drive investor preference for gold, suggesting a potential for stable price increases in the future [1] Group 2 - The market risk appetite has rebounded due to ongoing growth stabilization policies, with gold stocks experiencing valuation recovery following external shocks like tariffs [2] - Domestic gold mining companies are increasing capital investments, with new production capacity expected to come online gradually, while gold mining costs remain stable [2] - Gold stocks are currently valued at historical lows, with the SSH Gold Stock Index at a low valuation percentile of 19.71% and a price-to-earnings ratio of approximately 17.8, indicating potential for significant upward movement in profits and valuations [2]