On September 28, ZIJIN MINING fell 3.02% in regular trading, trading at HKD 31.52/share, with turnover of HKD 926 million. The broader Diversified Metals & Mining sector weakened sharply across the board.

On the macro front, the U.S. dollar index reclaimed the 100 level and approached a two-month high, exerting direct downward pressure on commodity prices. Spot gold fell below USD 4,325 per ounce, while copper prices retreated in tandem, delivering a gold-copper double blow that struck at ZIJIN MINING's core profit drivers. The persistent hawkish stance from the Fed — which earlier in September raised rates by 25 basis points to 3.75%-4.00% in its first hike since mid-2023, with the updated dot plot signaling further tightening ahead — continues to anchor elevated rate expectations and strengthen the dollar, weighing on precious and base metals alike.

Sector peers reflected the broad selloff, with WANGUO GOLD GP down 5.86%, JIAXIN INTL RES down 6.67%, LYGEND RESOURCE down 4.60%, MMG down 2.57%, and CMOC down 1.26%. The company is scheduled to report third-quarter results on October 23.

(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.)