New stock news | It is reported that Zijin Mining Group (02899) has chosen CITIC SEC and Morgan Stanley to arrange the listing of its overseas Gold Business.
According to reports, Zijin Mining Group (02899) has chosen CITIC SEC and Morgan Stanley to arrange for the spin-off of its overseas Gold business for listing in Hong Kong.
Joint Statement on U.S.-China Economic and Trade Meeting in Geneva
After the China-US meeting, Gold experienced a short-lived plunge, and many national Banks are still warning about investment risks. Why is there a reluctance for wild fluctuations?
① After China announced that an important consensus was reached in the China-U.S. meeting, spot Gold fell to $3260 per ounce, dropping over 2% at one point during the day. ② Recently, many national commercial Banks have continued to raise the subscription minimum amount for Gold accumulation Business and clearly remind that "investment has risks." ③ Referencing the past lessons from the Crude Oil Product treasure and paper Gold incidents, Banks do not wish for Gold to experience extreme volatility, especially in accumulation Gold Business.
China's Zijin Mining Taps Banks for Planned Hong Kong IPO of Gold Unit - Report
Hong Kong stocks are moving | Golden Industrial Concept stocks are declining across the board as tariffs and geopolitical conflicts ease, putting significant pressure on international gold prices.
All Golden Industrial Concept stocks declined. As of the time of writing, LINGBAO GOLD (03330) fell by 5.83%, trading at HKD 8.89; SD GOLD (01787) fell by 5.51%, trading at HKD 22.3; Chifeng Jilong Gold Mining (06693) fell by 5.17%, trading at HKD 25.7.
Gold prices faced a "weekend storm" -- substantial progress in Sino-U.S. negotiations, ceasefire between India and Pakistan, negotiations between Russia and Ukraine, and talks between the U.S. and Iran.
Global risk aversion has receded, and Gold has plummeted. High-level economic and trade talks between China and the United States have reached important consensus and made substantial progress. The ceasefire agreement between India and Pakistan has been maintained on Sunday. Putin proposed to resume direct negotiations between Russia and Ukraine in Turkey on the 15th. The previously postponed fourth round of talks between the US and Iran has also begun.
Gold Eyes Further Gains Amid Trade Talks And Market Volatility
More Fuel For Gold Fever -- WSJ
The decline in international gold prices has led to a widespread drop in Golden Industrial Concept stocks, with Chifeng Jilong Gold Mining (06693) falling by 4.04%.
Jinwu Financial News | Golden Industrial Concept stocks experienced a general decline, with Chifeng Jilong Gold Mining (06693) down 4.04%, TONGGUAN GOLD (00340) down 2.50%, CHINAGOLDINTL (02099) down 2.43%, Zijin Mining Group (02899) down 1.70%, ZHAOJIN MINING (01818) down 1.49%, SD GOLD (01787) down 1.48%, and LINGBAO GOLD (03330) down 1.21%. On the news front, there are signs of easing tariffs between the U.S. and China, with international gold prices declining. The New York futures gold closed at 3306 dollars, down 2.5%.
Gold Futures Snap Three-day Winning Streak To Close Lower
Zijin Mining Group (02899.HK) plans to participate in the 2025 online collective reception day for investors of listed companies in Fujian.
Glory Exchange announced on May 8 that Zijin Mining Group (02899.HK) will participate in the "2025 Online Collective Reception Day for Investors of Listed Companies in Fujian" guided by the Fujian Securities Regulatory Bureau and jointly organized by the Fujian Listed Companies Association and Shenzhen Panorama Network Co., Ltd. The relevant matters are announced as follows: This event will be held remotely online, and investors can log in to the "Panorama Roadshow" website, follow the WeChat public account: Panorama Finance, or download the Panorama Roadshow APP to participate in this interactive communication during the event.
New Bond King: How can the US stock market not fall? Gold prices will reach 4000 dollars.
Jeffrey Gundlach stated that the rising unemployment rate and the inverted yield curve both indicate that the USA economy is heading into a recession, predicting that the S&P 500 Index may fall to around 4600 points. Investors are in a mid-term risk-averse market, and due to concerns over geopolitical turmoil, tariffs, and existing massive debt, Gold could rise to 4000 dollars.
In April, the foreign exchange reserves increased, Gold reserves have been increased for six consecutive months. How to decide on Gold investment with a 5% fluctuation?
① As of the end of April, China's Forex reserves were approximately 3281.7 billion USD, an increase of 41 billion USD from the end of March. In April, the "reciprocal tariffs" introduced by Trump caused the dollar to drop significantly by about 4.4%, resulting in an increase in the price of non-dollar assets in our foreign reserves. ② The central bank continued to increase its Gold shareholding in April, and as of the end of April, Gold reserves amounted to 73.77 million ounces.
Zijin Mining Group (02899) will distribute a final dividend of 2.8 yuan for every 10 shares on June 20.
Zijin Mining Group (02899) announced that the company will distribute as of January 2024 on June 20, 2025.
ZIJIN MINING: Withholding and Payment of Enterprise Income Tax on Behalf of Non-resident Enterprise Shareholders in respect of 2024 Final Dividend
ZIJIN MINING: Withholding and Payment of Personal Income Tax in respect of 2024 Final Dividend
Gold Prices Dip In Malaysia Despite Global Bullish Momentum
Invesco: The market is increasingly worried about the risks associated with USA Assets, and it is expected that gold prices will continue to rise.
The market is concerned that the inherent risks of USA assets are increasingly rising, possibly reflecting anxiety about the resistance to USA economic growth or President Trump's trade policies.
Zijin Mining's Unit Completes Acquisition of Zangge Mining's Controlling Stake
Zijin Mining Group to Spin Off Gold Mines, List on Hong Kong Bourse