On September 2, ZIJIN GOLD INTL fell 3.24% in regular trading, trading at 145.1 HKD/share, with turnover of approximately 46.86 million HKD. The decline came amid broad-based selling pressure across the gold sector driven by persistent hawkish signals from the Federal Reserve.

Following recent Fed commentary, markets have priced in the probability of a September rate hike rising to approximately 60%. Spot gold tumbled nearly 3% last week, breaking below the 4,500 USD level and currently hovering around 4,400 USD. The combination of elevated rate hike expectations and a strengthening US dollar has continued to suppress gold prices and weigh on related equities. Within the Gold sector, the selloff was widespread: LINGBAO GOLD fell 5.18%, CHINAGOLDINTL fell 4.55%, SD GOLD fell 4.9%, ZHAOJIN MINING fell 4.25%, and CHIFENG GOLD fell 3.53%.

ZIJIN GOLD INTL reported strong first-half results in August, with profit attributable to owners surging 179% year over year to 1.45 billion USD, and gold output rising approximately 44% to 27.3 tonnes. Multiple investment banks, including Citi and Bank of America, have maintained buy ratings, though near-term macro headwinds from tightening monetary policy expectations remain a key overhang.

(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.)