On August 20, ZHAOJIN MINING rose 6.89% in regular trading, trading at 25.76 HKD/share, with turnover of 73.58 million HKD.

The rally is driven by a broad-based surge across the gold sector as spot gold continues to hold above the $4400/ounce level, combined with market anticipation ahead of ZHAOJIN MINING's mid-term earnings scheduled for August 21. The sector is experiencing strong momentum, with ZIJIN GOLD INTL up 11.33%, LINGBAO GOLD up 11.16%, CHINAGOLDINTL up 9.47%, SD GOLD up 8.38%, and CHIFENG GOLD up 7.21%.

Multiple catalysts are converging: gold prices recently broke above $4410/ounce supported by geopolitical uncertainties and sustained central bank purchases, while industry peers have reported strong first-half results — China Gold International posted revenue growth of 57.5% and net profit growth of 153%, and Zijin Gold International reported revenue doubling year-over-year. Analysts note that gold miners act as amplifiers of gold price movements due to cost rigidity, translating price gains into outsized profit growth. The company's board will convene on August 21 to review unaudited interim results for the six months ended June 30.

(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.)