On August 12, ZIJIN GOLD INTL rose 3.21% at open, trading at 137.4 HKD/share, with turnover of approximately HK$86.62 million. The stock rebounded after the previous session's sector-wide pullback, driven by multiple supportive factors.

On the news front, international gold prices stabilized above $4,300/oz, restoring market sentiment following the prior trading day's broad correction across the gold sector. The company is set to release its interim results on August 14, having previously issued a profit pre-increase announcement for the first half. Additionally, the company terminated the approximately CA$5.5 billion full acquisition of Allied Gold Corporation, opting instead to subscribe for 9.2% of Allied Gold's newly issued shares at CA$32.55/share for a total of CA$416.6 million. The market views this strategic pivot favorably, as it locks in overseas gold mine exposure at significantly lower capital cost while reducing financial pressure.

Within the Gold sector, CHINAGOLDINTL up 2.4%, LINGBAO GOLD up 2.06%, SD GOLD up 1.51%, CHIFENG GOLD up 0.22%, ZHAOJIN MINING up 0.17%.

(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.)