On September 8, ZIJIN GOLD INTL rose 3.51% in regular trading, trading at 164.6 HKD/share, with turnover of approximately 97.11 million HKD.

The gold sector rallied broadly, with peers CHINAGOLDINTL up 3.87%, TONGGUAN GOLD up 5.03%, ZHAOJIN MINING up 2.83%, and LINGBAO GOLD up 2.35%. The move extended a gold price rebound trend that has been building in recent sessions, with spot gold last quoted near 4,412.79 USD per ounce after the U.S. dollar and Treasury yields pulled back from recent highs.

On the macro front, the Dutch central bank disclosed a transfer of approximately 86 tonnes of gold reserves, underscoring rising global central bank emphasis on physical gold holdings and providing medium-to-long-term support for bullion prices.

On the fundamental side, the company reported robust first-half results, with attributable profit of 1.451 billion USD, surging 179% year-over-year, driven by gold output of approximately 27.3 tonnes, a 44% increase. Analysts at Bank of America have raised their target price to 176 HKD with a Buy rating, while BOCI lifted its target to 135.36 HKD.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)