On August 28, ZIJIN GOLD INTL rose 3.08% in regular trading, trading at HK$161.0/share, with turnover of HK$301 million.

On the news front, parent company Zijin Mining recently disclosed its interim report showing H1 net profit attributable to shareholders of RMB 39.17 billion, up 68.17% year-over-year. The gold segment contributed 41.7% of total gross profit, with mineral gold output reaching 46.70 tonnes, up 13.4% YoY. ZIJIN GOLD INTL itself reported H1 profit attributable to owners of US$1.451 billion, surging 179% YoY, and declared its first interim dividend of HK$1.50 per share since listing. Revenue doubled to US$3.99 billion, driven by elevated gold prices with an average realized price of US$4,643/oz and controlled mine output growth of approximately 37%.

Additionally, Morgan Stanley raised its target price for Zijin Mining H-shares to HK$61 and named it a sector top pick, while Citi initiated coverage of ZIJIN GOLD INTL with a Buy rating and HK$178 target price, further reinforcing bullish sentiment.

(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.)