Movement Alert|CHINAGOLDINTL Falls 3.45% in Regular Trading, Interim Results Release Day Meets Broad Sector Pressure

Market Focus
Aug 13

On August 13, CHINAGOLDINTL fell 3.45% in regular trading, trading at 195.5 HKD/share, with turnover of 65.58 million HKD. The decline came as the company officially released its interim results, with institutions previously holding cautious expectations on short-term revenue and profit changes amid uncertainty over copper and gold price trajectories and cost control sustainability.

The stock had surged over 10% in a single session on August 5 and accumulated significant gains since, creating evident profit-taking pressure. The broader gold sector was universally weak, with Lingbao Gold down 3.35%, Zhaojin Mining down 2.35%, Zijin Gold International down 2.14%, SD Gold down 2.08%, and Chifeng Gold down 1.62%, with CHINAGOLDINTL leading declines across the sector.

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