On September 28, ZIJIN GOLD INTL declined 3.56% in regular trading, trading at HK$138.5/share, with turnover of approximately HK$38.59 million. The broader gold sector came under significant selling pressure.

On the news front, the Federal Reserve's tightening expectations continued to intensify, pressuring gold prices and related equities. Following the Fed's recent 25-basis-point rate hike to 3.75%–4.00% — its first increase in three years — multiple officials delivered hawkish remarks. Fed Governor Barr stated further hikes may be needed to ensure inflation returns to target. Meanwhile, US September manufacturing PMI surged to 57, a 52-month high, far exceeding expectations. Multi-tenor US Treasury yields broke above 5%, while the US dollar index hit an 8-week high, further weighing on precious metals.

The gold sector declined broadly, with SD GOLD falling 6.95%, LINGBAO GOLD down 5.66%, ZHAOJIN MINING losing 4.09%, CHIFENG GOLD dropping 3.65%, and CHINAGOLDINTL slipping 1.44%.

(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.)