601899 Zijin Mining Group
- 15.82
- -0.25-1.56%
Zijin Mining Group News
Northbound capital flows: Net buy of 2.668 billion in CSOP Hang Seng Tech Index ETF (03033), with an additional purchase of 0.7 billion HKD. China mainland banking stocks were sold off.
On August 28th, in the Hong Kong stock market, the net purchase of Northbound funds was 2.668 billion Hong Kong dollars, of which the net purchase of Hong Kong Stock Connect (Shanghai) was 1.979 billion Hong Kong dollars, and the net purchase of Hong Kong Stock Connect (Shenzhen) was 0.689 billion Hong Kong dollars.
Zijin Mining Group Co. Pays Out 2024 Interim Dividend
ZIJIN MINING: Payment of 2024 Interim Dividend
【Keynote Speaker】Guo Jiayao: Market sentiment improves, and the index is expected to further challenge the 18,000 point resistance.
Jinwu Financial News | The US stock market fluctuated on Tuesday, with market waiting for the performance of technology stocks. The market had a small increase and the three major indexes recorded moderate gains at the close. The US dollar was slightly weak, with the 10-year Treasury yield at 3.82 basis points. The price of gold continued to rise at a high level, while the price of oil fell. Hong Kong stocks are expected to lack direction in the early stages, with individual developments in pre-traded securities. The mainland stock market fell yesterday, with the Shanghai Composite Index opening lower and closing down 0.2%. The trading volume in Shanghai and Shenzhen remained quiet. Hong Kong stocks fluctuated upward yesterday, maintaining a favorable trend in recent days. After opening lower, the index gradually stabilized and closed higher, but the market remained light in terms of trading volume. The market sentiment has improved.
Chances of Correction in Gold Prices Increase – TDS
Gold Price Trading Close to Its All-time High – Commerzbank
[Special Big V] Deng Shengxing: Fed's rate cut in September is imminent, real estate stocks gradually stabilizing.
Golden Financial News | Hang Seng Index closed at 17,798 on Monday (26th), up 186 points or 1.06%. The market's total turnover for the day was 83.586 billion yuan. The HSI rose 59 points or 0.95% to 6,278. The HSCI rose 34 points or 0.98% to 3,502. There were individual developments in the mainland stock market, with the SSE Composite Index closing slightly higher by 1 point at 2,855; the CSI 300 Index fell slightly by 2 points to 3,324. Out of the 82 blue chip stocks, 65 rose. HSBC Holdings (00005) rose 0.7%, with the company repurchasing 1.8264 million shares for 0.122 billion yuan in Hong Kong last Friday; AIA Group (01299) has not seen an increase in over a month.
Prospects of interest rate cuts boost the price of gold, and gold bulls cheer.
According to the CFTC data, net long positions in gold have reached the highest level in over four years. UBS Group predicts that by the fourth quarter of this year, the price of gold will rise to $2600, while Citigroup predicts that it will rise to $3000 by next year.
Gold Extends Rally as Geopolitical Risks Boost Haven Demand
Goldman Sachs: Maintains a "buy" rating on Zijin Mining Group, with a target price raised to HK$21.5.
Goldman Sachs released a research report stating that it maintains a 'buy' rating on Zijin Mining Group (02899) with a target price raised from 19 Hong Kong dollars to 21.5 Hong Kong dollars. The report mentions that due to the improvement in operation, the average selling price of Zijin Mining Group is higher and the expected costs are lower. The semi-annual recurring net profit increased by 51% year-on-year to 15.7 billion RMB, surpassing the bank's and market expectations. The company announced a mid-term dividend, equivalent to a dividend yield of 18%, higher than the 13% during the same period last year. The bank reiterated that the company is one of the few mining companies that can benefit from both sales volume and commodity price increases. The company's continued operational improvement may bring upside surprises to profitability, prompting an upward adjustment to its 20
Zijin Mining's H1 Profit Rises on Higher Operating Income
The expected interest rate cut by the U.S. Federal Reserve boosts the Hong Kong stock market, with real estate and golden industrial concept performing well.
①The expectation of a Fed rate cut is strengthening, which sectors are expected to benefit? ②Why did xpeng stock soar today?
With the interest rate cut confirmed in September, will metals start a new round of upward trend?
The market has responded more positively to Powell's dovish remarks at the JH meeting on Friday.
Analysts' Revenue Estimates For Zijin Mining Group Company Limited (HKG:2899) Are Surging Higher
ZIJIN MINING: Announcement-Unaudited Interim Results for the Six Months Ended 30 June 2024
The expectation of a rate cut by the Federal Reserve has increased, and hedge funds have raised their bets on gold to a four-year high.
Fund managers' bullish bets on gold surged to the highest level in over four years.
Zijin Mining Group Co.,Ltd. 2024 Interim Report
Summary of the semi-annual report of Zijin Mining Group Co., Ltd. in 2024
Selected Announcements from Gelonghui: Zijin Mining Group's net income attributable to mother in the first half of the year was 15.084 billion yuan, a year-on-year increase of 46.42%, and it plans to distribute a dividend of 1 yuan per 10 shares; Aier Eye
Performance Data: jointo energy investment (000600.SZ): net income of 0.333 billion yuan in the first half of the year, a year-on-year increase of 295.59%. hengyi petrochemical (000703.SZ): net income of 0.43 billion yuan in the first half of the year, a year-on-year increase of 465.59%. china resources sanjiu medical & pharmaceutical (000999.SZ): net income of 2.398 billion yuan in the first half of the year, a year-on-year increase of 27.77%. sichuan changhong electric (600839.SH): net income of 0.28 billion yuan in the first half of the year, a year-on-year increase of 38.71%. aier eye hospital group (300015.SZ): attributable net income of 2.05 billion yuan in the first half of the year, a year-on-year increase of 1.
Will gold continue to rise tonight after re-entering the $2500 mark? The industry is focusing on the Jackson Hole Annual Meeting, and gold is expected to continue to push higher.
① Once the annual meeting hints at a 50bp rate cut, the usd may continue to weaken, while gold and US stocks are expected to continue to rise; ② Based on the average performance of gold in the past ten years, gold prices tend to strengthen initially after the Jackson Hole meeting starts; ③ Recently, gold has been on a continuous uptrend, with a significant increase in COMEX net long positions and global gold ETF inflows providing support for gold prices.
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