02899 ZIJIN MINING
- 16.200
- -0.120-0.74%
ZIJIN MINING News
Zijin Mining Group Declares Interim Dividend
Zijin Mining Group (HKG:2899, SHA:601899) declared an interim dividend of 0.10 yuan per share for the six months ended June 30, according to a Sunday filing on the Hong Kong bourse.Shareholders on
Zijin Mining Group plans to distribute a mid-term dividend of 1 yuan per 10 shares.
Zijin Mining Group (02899) announced that the company plans to distribute a mid-term dividend of RMB 1 per 10 shares.
In the second quarter, a fund guru buys the big dark horse.
The eyes appreciate the precious.
Zijin Mining Group (02899) plans to distribute a mid-term dividend of RMB 1 per 10 shares.
Zijin Mining Group (02899) has issued an announcement stating that the company plans to distribute a 0.1 yuan mid-term dividend per 10 shares.
Trending again! Spot gold once fell below 2400, is it another opportunity for layout?
The structural bull market remains unchanged.
NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
"Continued Deterioration"! Goldman Sachs warns that overcapacity will depress copper prices in the short term
Goldman Sachs analysts pointed out that China's exports of cathode copper hit a new high in June, but inventories increased and there was a headwind on the demand side. At the same time, the increase in supply in Africa, the supply growth of Congo and Zambia has been underestimated.
Express News | Zijin Mining Sees Net Profit Attributable for First Half of 2024 RMB14.55-15.45 Bln
Announcement in relation to Full Implementation of the "Quality Improvement, Efficiency Enhancement and Focus on Returns" and the Implementation of the Profit Distribution Plan for the First Half of 2024
Zijin Mining Group (601899.SH): plans to implement mid-term dividend distribution in 2024.
Zijin Mining Group (601899.SH) announced on July 19th that the company's main economic indicators reached a new historic high, producing about 0.518 million tons of copper and about 35.4 tons of gold. It is expected that the net income attributable to shareholders of listed companies in the first half of the year will be about RMB 14.55-15.45 billion, an increase of about 41%-50% compared to the same period last year. To implement the listed company's development concept of "putting investors first", actively respond to the Shanghai Stock Exchange's initiative on the special action of "improving quality, increasing efficiency, and returning to shareholders" of listed companies in Shanghai, further promote the high-quality development and investment value enhancement of the company, and enhance investors' confidence.
The situation changed? ETF has started to see net buy orders, and JPMorgan has called for a gold price of 2650!
According to Morgan Stanley, ETFs may become the new driving force behind the next round of gold price increases. Gold ETFs have started to increase their holdings since late May, and COMEX's net long position is at its highest since Q2 2022.
Direct hit on anomaly: Non-ferrous stocks fell in the morning, with cooling expectations for the Federal Reserve's interest rate cut.
On July 19th, $Nonferrous metals(BK1312.HK)$ fell in the morning session. As of press time, $Lingbao Gold(03330.HK)$ fell by 8.58%, to HKD 3.41; $Zhaojin Mining(01818.HK)$ fell by 7.49%, to HKD 14.82; $SD Gold(01787.HK)$ fell by 5.32%, to HKD 17.08; $Zijin Mining Group(02899.HK)$ fell by 4.25%, to HKD 16.24. Source: Futubull. On the news front, the President of the European Central Bank announced the content of the interest rate resolution and announced the maintenance of interest rates.
Hong Kong stock concept tracking | Metal sector is the big winner in the first half of the year! Institutions: The long-term trend of precious metals and non-ferrous commodities is still bullish. (Attached concept stock)
Recently, the industrial metals sector has successively disclosed its half-year performance forecasts.
Does the Rally in Gold Still Have Room to Run? – TDS
The top ten participants trading in Shanghai Futures Exchange (SHFE) Gold continue to add to their Gold positions, growing their net length towards its highest levels on record, TDS senior commodity strategist Daniel Ghali note.
Gold Price Eyes $3,000 as Market Bets on Federal Reserve Rate Cuts
Gold prices have been on an upward trajectory, driven by mounting expectations for Federal Reserve rate cuts and increased bets on Donald Trump's re-election.
Crazy Gold: The price of gold returns to the "7" level, with many companies reporting profit growth.
Looking ahead, there is high certainty of continued strong performance for the gold market, which presents an opportunity for valuation repairs in the sector.
Brokerage Focus: CITIC Securities expects a turbulent upward trend in the A-share market in the second half of the year.
Jingu finance news | CCB international releases its outlook on Hong Kong stock market strategy for the second half of the year. The Hong Kong stock bear market since 2023 ended in January this year and has entered a shaking bull market. The Chinese fundamentals remain moderately repaired, and the policy tone continues to be based on stability. The chance of issuing strong stimulus policies is small, and the "strong production and weak demand" pattern will persist for a while, with a slight fluctuation in corporate profit recovery. The orderly slowdown of inflation and employment in the United States, along with a moderate economic growth, is expected to result in the earliest Fed rate cut in September this year and marginally benefit Hong Kong stock liquidity. The Hang Seng Index is currently at a historically low valuation level, and listed companies are actively buying back and increasing dividends.
Citigroup: Initiating a 30-day positive catalytic observation on Zhaojin Mining and Zijin Mining Group, with a 'buy' rating for both.
Citigroup's research report states that due to the expected increase in gold prices, gold producers such as Zhaojin Mining (01818) and Zijin Mining Group (02899) have opened a 30-day positive catalytic observation. The target price for Zhaojin Mining is HKD 18.9 and for Zijin Mining Group it is HKD 21.9, both rated as 'buy'.
Citi: Starts a 30-day positive catalytic observation on Zhongjin and Purple Gold, both rated as "buy".
In a report released by Citi, it was pointed out that the expected rise in gold prices will benefit gold producers, and a 30-day positive catalytic observation will be opened for Zhaojin Mining Group and Zijin Mining Group. The bank's target price for Zhaojin is HKD 18.9 and for Zijin is HKD 21.9, both rated as "buy."
According to Morgan Stanley, tight supply will support copper prices in the near term, with positive reactions expected from Zijin Mining Group and CMOC Group Limited.
According to a research report released by Morgan Stanley, recent industry news suggests that some anode and crude copper producers have temporarily suspended the production of squeezed waste copper, which will cause a short-term decline in refined copper production. Morgan Stanley believes that, coupled with the current tight supply of copper concentrate, it will continue to support copper prices in the short term, and expect a positive response from the industry’s Zijin Mining Group (02899) and CMOC Group Limited (03993). The State Administration for Market Regulation has earlier issued new “Regulations on Fair Competition Review”, which clearly stipulates that no tax preferences, selective differentiated financial rewards or subsidies shall be provided to specific operators without legal or administrative regulations basis or without the approval of the State Council.
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