On August 20, SD GOLD rose 5.7% in regular trading, trading at HKD 26.24/share, with turnover of HKD 212 million. The rally came amid a broad-based surge across the gold sector, driven by strong mid-year financial results from gold miners and a recovery in international gold prices.

On the news front, multiple gold companies reported robust first-half earnings with revenue and profit both posting significant year-over-year gains, benefiting from elevated gold prices and capacity expansion. COMEX gold futures reclaimed the USD 4,400/oz level, while Deutsche Bank maintained its bullish stance with a year-end target range of USD 4,700-5,100/oz, citing record central bank purchases and renewed ETF inflows. SD GOLD is scheduled to release its interim results on August 28.

Within the Gold sector, the rally was broad-based. Among individual stocks, ZIJIN GOLD INTL up 12.23%, LINGBAO GOLD up 9.35%, ZHAOJIN MINING up 9.24%, CHINAGOLDINTL up 7.73%, CHIFENG GOLD up 7.37%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)