On September 28, CHINAGOLDINTL fell 3.23% in regular trading, trading at 215.6 HKD/share, with turnover of HKD 185 million. The stock extended its recent downtrend alongside broad-based weakness in the gold sector.

On the news front, after the Fed delivered a 25-basis-point rate hike in September, its updated dot plot signaled at least one additional hike before year-end. The 10-year U.S. Treasury yield remained elevated while the U.S. Dollar Index broke above the 100 level, with the rising real rate environment continuing to suppress gold prices. China's benchmark gold price has cumulatively declined approximately 6.5% over the past 30 days, dragging down valuations across gold mining stocks.

Within the Gold sector, declines were widespread. Among individual stocks, LINGBAO GOLD fell 10.28%, SD GOLD fell 8.25%, ZHAOJIN MINING fell 5.29%, ZIJIN GOLD INTL fell 4.33%, and CHIFENG GOLD fell 4.21%. Institutional views suggest that while gold prices remain subject to near-term volatility driven by Fed policy expectations, a medium-term outlook need not be overly pessimistic, with terminal demand expected to recover at the margin once conditions stabilize.

(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.)