Hong Kong Stock Movement: CHIFENG GOLD falls 12.43%, with clear capital flow and increased volatility attracting market attention

Hong Kong Stock Movement CHIFENG GOLD fell 12.43%. There has been no significant news recently; trading is active, and capital flows are evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. no_news Stocks with High Trading Volume in the Industry Zijin Mining fell 7.40%. Based on recent key news: On January 30, Zijin Mining announced the issuance of USD 1.5 billion zero-coupon convertible bonds, with an initial conversion price at a premium of 37.19% over the market price. This move attracted market attention, leading to stock price fluctuations. According to Zhitong Finance, the proceeds from the bond issuance will be used for project construction in Peru and to supplement working capital. On January 30, Zijin Mining's founder Chen Jinghe stated that the company's market value is severely undervalued, with the market value of the spun-off gold segment exceeding 40% of the group's total market value, attracting market attention to the company's growth potential. On February 2, the overall Hong Kong stock market fell, with the Hang Seng Index down 581 points, and Zijin Mining fell 8%, negatively impacting the index. Precious metal prices fluctuated, and financing for mining companies was active. Zijin Gold International fell 8.55%. Based on recent key news: On January 30, Zijin Gold International recorded significant cross-trade transactions, with the stock price down 8.4% compared to the previous closing price, and a net active sell of CNY 141 million, leading to a decline in stock price. Source: Economic Information Daily On January 30, international gold prices experienced increased volatility, with significant declines during the Asian trading session, increased inflows into gold ETFs, and overheated market sentiment leading to a pullback in gold mining stocks. Source: Wocai Tong On January 30, the overall Hong Kong stock market fell, with the Hang Seng Index's decline expanding, and Zijin Mining's stock price fell 8%, affecting Zijin Gold International's stock price. Source: Jinshi Data. The volatility in the precious metals market has increased, raising risks. Shandong Gold fell 12.38%. Based on recent key news: On January 30, Shandong Gold released a performance forecast, expecting a year-on-year net profit growth of 56% to 66% in 2025. Despite the positive performance expectations, market concerns over gold price fluctuations led to a decline in stock price. Source: Zhitong Finance On January 30, international gold prices experienced increased volatility, with significant inflows into gold ETFs, and overheated market sentiment triggering short-term adjustment risks. Source: Jinshi Data On January 31, global gold investment demand surged, with geopolitical risks and economic uncertainty driving funds into gold ETFs, but the market remains cautious about high volatility. Source: Economic Information Daily. The volatility in the gold market has increased, and attention should be paid to the dollar's movements. Stocks with High Market Capitalization in the Industry Zhaojin Mining fell by 10%. Based on recent key news: On January 31, the gold market experienced extreme volatility, leading to unstable investor sentiment. Gold prices underwent extreme changes of "euphoria - panic - correction" within a single day, affecting the performance of related stocks. Source: Zhitong Finance On February 2, the U.S. government may take control measures against gold, including selling gold and imposing punitive taxes, which has intensified market uncertainty. Source: Wall Street Insight On January 30, global market expectations for U.S. economic growth were low, affecting the demand for safe-haven assets such as gold. Source: Jinshi Data Gold market volatility intensified, and risk aversion sentiment increased