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Hong Kong stocks closed (05.02) | The Hang Seng Index rose by 1.74%, with strong performance in Technology and Autos stocks. XIAOMI-W (01810) surged over 6%.
In May, the Hong Kong stock market welcomed a "red opening", with all three major indices strengthening today, and the Hang Seng TECH Index surged over 3%.
International gold prices have fallen, dragging Golden Industrial Concept stocks down, with Chifeng Jilong Gold Mining (06693) dropping 4.51%.
King Wu Financial News | Golden Industrial Concept stocks fell overall, Chifeng Jilong Gold Mining (06693) dropped 4.51%, TONGGUAN GOLD (00340) fell 4.2%, LINGBAO GOLD (03330) dropped 2.69%, ZHAOJIN MINING (01818) decreased by 2.38%, and CHINAGOLDINTL (02099) declined by 0.88%. However, Zijin Mining Group (02899) increased by 3.77%. In terms of news, the market is focused on the upcoming non-farm payroll report to determine the economic outlook, and due to the easing of trade war tensions, international gold prices fell last night, with New York futures gold closing at $3222.2 per ounce, down.
Statistics on the proportion change of Zhiyuan Hong Kong Stock Connect | May 2nd
Statistics on the abnormal changes in Hong Kong Stock Connect proportion | April 30, 2025
CHIFENG GOLD: 2024 Annual Report
Statistics on the change in the proportion of Hong Kong Stock Connect on May 1.
Statistics on the abnormal changes in Hong Kong Stock Connect proportion | April 30, 2025
Hong Kong stocks movement | The Golden Industrial Concept continues to decline as recent international gold prices experience a Top Reversal. Institutions indicate that the medium to long-term upward trend remains unchanged.
Golden Industrial Concept continues to decline. As of the time of this report, Chifeng Jilong Gold Mining (06693) is down 4.94%, reported at 26 Hong Kong dollars; PERSISTENCE RES (02489) is down 4.17%, reported at 1.15 Hong Kong dollars; LINGBAO GOLD (03330) is down 3.41%, reported at 8.51 Hong Kong dollars.
The Total Return for Chifeng Jilong Gold MiningLtd (SHSE:600988) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
