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chinagoldintl (02099.HK) plans to hold a board of directors meeting on November 14 to approve the third quarter performance.
Chinagoldintl (02099.HK) announced that the company will hold a board of directors meeting on Thursday, November 14, 2024, Beijing time, which is Wednesday, November 13, 2024, Vancouver time, to review and approve the third-quarter performance of the company and its subsidiaries for the nine months ending September 30, 2024.
Golden industrial concept fell back in the afternoon. chinagoldintl (02099) fell by 4.74%. Market analysis suggests that gold may still potentially enter a deep correction.
Jingu Finance News | Gold stocks fell back in the afternoon, chinagoldintl (02099) dropped 4.74%, lingbao gold (03330) dropped 2.77%, sd gold (01787) dropped 2.27%, zhaojin mining (01818) dropped 1.72%. Ole Hansen, the head of csi commodity equity index strategy at Shengbao Bank, believes that gold and silver are rebounding strongly due to safe-haven demand, geopolitical tensions, de-dollarization driving major central banks to buy gold, and increasing uncertainty surrounding the US presidential election. In addition, rate cuts by the Federal Reserve and other central banks are reducing holdings of gold and silver.
Main operating data of China Gold Group Gold & Jewelry Co., Ltd. from January to September 2024
China Gold Group Gold & Jewelry Co., Ltd. Report for the Third Quarter of 2024
China Gold (600916.SH): Net income in the third quarter was 0.151 billion yuan, a year-on-year decrease of 25.71%.
格隆汇October 29th | China Gold (600916.SH) announced that in the first three quarters of 2024, revenue reached 46.575 billion yuan, an increase of 12.73% year-on-year; net income attributable to shareholders of listed companies was 0.746 billion yuan, an increase of 0.64% year-on-year; basic earnings per share was 0.44 yuan. In the third quarter of 2024, revenue was 11.419 billion yuan, a decrease of 2.78% year-on-year; net income attributable to shareholders of listed companies decreased by 25.71% year-on-year to 0.151 billion yuan; basic earnings per share was 0.09 yuan.
China Gold Association: Domestic gold ETF holdings in the first three quarters increased by 48.69% year-on-year.
In the first three quarters of 2024, geopolitical conflicts persist, global economic recovery is weak, the gold safe-haven value preservation function is being re-emphasized, the gold price continues to rise strongly, constantly hitting new historical highs.
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