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Express News | Renaissance Asia Silk Road - Received a Winding-up Petition Filed by Victor Arise Limited
Morgan Stanley: The undervalued "Gold Triad" of China.
Morgan Stanley pointed out that against the backdrop of intensified geopolitical risks, China gold will benefit from market risk aversion sentiment and be favored by Chinese investors, while expectations of yuan volatility also provide support for gold prices to rise. Zijin Mining Group, SD GOLD, and ZHAOJIN MINING are undervalued in the market, and their production is expected to grow significantly in the next five years. It is anticipated that gold prices will reach $2,850 per ounce in the second quarter of 2025.
Hong Kong stocks fluctuate, with golden industrial concept rising across the board, china central bank increases shareholding in gold for the first time in six months.
Hong Kong stock market's golden industrial concept stocks are generally up, with ra silk road up more than 4%, chinagoldintl up more than 3%, zijin mining group and tongguan gold up more than 1%, zhaojin mining and sd gold up by less than 1%. International gold price rose, with London gold briefly rising 0.68% to $2650.58 per ounce today.
RA SILK ROAD: CLARIFICATION ANNOUNCEMENT TO (1) 2024 ANNUAL REPORT; (2) RESIGNATION OF AN EXECUTIVE DIRECTOR; CHANGE OF AUTHORISED REPRESENTATIVES; AND CHANGE IN COMPOSITION OF THE NOMINATION COMMITTEE; AND (3) INTERIM RESULTS ANNOUNCEMENT ...
Renaissance Asia Silk Road's Fiscal H1 Loss Narrows
RA Silk Road (00274) released its interim results, with a shareholder loss of 24.195 million HKD, a year-on-year reduction of 1.05%.
ra silk road (00274) announced the interim results for the six months ended September 30, 2024, with group operating income of 3...
It's Down 25% But Renaissance Asia Silk Road Group Limited (HKG:274) Could Be Riskier Than It Looks
