Hong Kong stock movement: CHIFENG GOLD fell by 10.77%, as the epic overnight fluctuations in international gold prices triggered market volatility!

Hong Kong Stock Movement CHIFENG GOLD fell by 10.77%. Based on recent key news: On January 29, CHIFENG GOLD announced that the market price of its gold products has accumulated a significant increase recently, which is expected to impact its operating performance. The company confirmed that business operations are normal and stable, with no major issues found. Source: Economic Information Daily On January 28, CHIFENG GOLD stated that it is unaware of the reasons for the stock price fluctuations, and business operations are normal. Source: 36Kr On January 29, international gold prices hit a historical high, rising over $800, driving fluctuations in CHIFENG GOLD's stock price. Source: Jin10 Data International gold price increase drives stock price fluctuations. Stocks with High Trading Volume in the Industry Zijin Mining fell by 7.24%. Based on recent key news: On January 27, Zijin Mining and Zijin Gold International announced the acquisition of all shares of United Gold, with a total transaction price of approximately 28 billion RMB. This move will significantly enhance Zijin Gold International's global industry position and drive stock price increases. On January 29, Zijin Mining plans to issue $1.5 billion zero-coupon convertible bonds, with an initial conversion price approximately 37.19% above the closing price. This aims to provide funding support for the Peru project, and the market response has been positive. On January 30, Zijin Mining announced on the Hong Kong Stock Exchange the issuance of convertible bonds, with proceeds to be used for the construction of the Peru project and to supplement working capital, further driving the company's expansion. With high gold prices, mining mergers and acquisitions are active. Zijin Gold International fell by 8.58%. Based on recent key news: On January 27, Zijin Gold International announced the acquisition of Canadian United Gold, with an acquisition price of 28 billion RMB, driving stock price increases. Zijin Gold International's stock price once soared by 19.1%, reaching a historical high, and then fell back to 232.4 RMB, with a trading volume of 1.916 billion RMB. Source: Yicai On January 27, international gold prices broke through $5,100 per ounce, driving gold mining stocks up. Zijin Gold International benefited from the rise in gold prices, with its stock price reaching 248.6 RMB, an increase of over 10%. Source: Dian News On January 27, a report from Ping An International pointed out that Zijin Gold International's high market value of restricted shares to be unlocked in the next 12 months may put pressure on the stock price. Source: Ping An International report gold prices continue to rise, market sentiment is optimistic. Shandong Gold fell by 8.85%. Based on recent key news: On January 29, international gold prices broke through $5,500 per ounce, reaching a historical high. Despite the rise in gold prices, the A-share gold stock sector showed divergence, leading to a decline in Shandong Gold's stock price due to differing market expectations. Source: Zhitong Finance On January 27, market attention to gold assets increased, but the performance of gold mining stocks was affected by the company's operating conditions, with Shandong Gold adjusting due to market sentiment and funding divergence. Source: Yicai On January 27, the weakening of the US dollar credit and the acceleration of global de-dollarization drove international gold prices up, but Shandong Gold fell due to insufficient willingness to chase high prices in the high region. Source: Jin Shi Data. The demand for gold as a safe haven has increased, and market volatility has intensified. Stocks ranked at the top of the industry by market capitalization Zhaojin Mining fell by 6.62%. Based on recent key news: On January 29, Zhaojin Mining had a large transaction involving 24.6382 million yuan, indicating strong market demand for gold stocks as a safe haven. Large transactions usually reflect investors' confidence or concerns about market trends, which may lead to stock price fluctuations. On January 29, Zhaojin Gold announced that the risks of gold price fluctuations and overseas project operations could affect the company's performance. Gold prices are influenced by various factors, and significant fluctuations will have a considerable impact on the company's operating performance. On January 29, international gold prices broke through 5,500 USD/ounce, reaching a historical high, driving gold stocks to open higher across the board. Geopolitical turmoil and the shaking of the global economic order have jointly driven up gold prices, affecting the performance of gold stocks. The demand for gold as a safe haven is strong, and market volatility has intensified