On September 18, SD GOLD fell 3.52% in regular trading, trading at HKD 22.48, with turnover of HKD 229 million. The decline extends selling pressure following the U.S. Federal Reserve's decision to raise interest rates by 25 basis points to 3.75%-4.00% — the first hike in nearly three years — announced in the early hours of September 17. The hawkish dot-plot signaled another potential increase this year, sending gold prices sharply lower and triggering broad-based selling across gold mining stocks. SD GOLD had already declined 3.42% in the prior session.

Additionally, the company announced plans to issue up to RMB 10 billion in corporate bonds and disclosed a USD 300 million overseas credit facility guaranteed for its Hong Kong subsidiary, drawing market attention to its financing posture. BlackRock was also reported to have increased its stake to 6.22% via off-market transactions.

Within the Gold sector, performance was mixed: Tongguan Gold up 2.20%, Zijin Gold International up 1.03%, China Gold International up 0.73%, Lingbao Gold down 1.50%, and Zhaojin Mining down 2.49%.

(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.)