On September 2, ZIJIN MINING fell 3.19% in regular trading, trading at approximately 35.28 HKD/share, with turnover of 5.31 billion HKD. The decline came as hawkish signals from the Federal Reserve continued to weigh heavily on the precious metals sector.

Fed Chair Waller recently delivered a keynote speech at the Jackson Hole Global Central Bank Symposium, reaffirming the 2% inflation target as firm and fixed, warning that the Fed still has work to do if inflation does not return to target clearly and fast enough. The remarks fueled rate hike expectations, driving spot gold down nearly 3% to approximately $4,464/oz, breaching the 200-day moving average and marking its worst single-day performance since early June. A stronger US dollar and rising real yields served as direct catalysts for the gold sell-off.

Within the Diversified Metals and Mining sector, the decline was broad-based. Among peers, WANGUO GOLD GP fell 6.88%, CMOC fell 3.85%, JIAXIN INTL RES fell 3.85%, MMG fell 3.49%, and LYGEND RESOURCE fell 3.37%.

ZIJIN MINING reported first-half net profit attributable to shareholders of 39.17 billion yuan, up 68.17% year-over-year, with revenue of 194.18 billion yuan, up 15.78%. Fundamentals remain solid, and the current pullback is primarily driven by the short-term gold price correction and macro sentiment headwinds.

(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.)