Hong Kong stock movement: Silver hits a record high, and the Federal Reserve's interest rate cut expectations boost SHANGSHAN GOLD by 15.19%

Hong Kong Stock Movement SHANGSHAN GOLD rose 15.19%. Based on recent key news: On December 2, the spot silver price reached a historical high, driving the overall rise of the precious metals sector. Silver, due to its strong industrial properties and significant supply-demand support, saw a substantial price increase, indirectly boosting gold prices. Source: China News Service On December 2, geopolitical risks intensified, prompting investors to seek safe-haven assets, further reinforcing gold's role as an international risk-hedging asset, which pushed gold prices up. Source: Easy Forex On December 2, expectations for a Federal Reserve interest rate cut increased, lowering the opportunity cost of holding gold, which is favorable for gold prices. The market has priced in a very high probability of rate cuts, reaching 88%. Source: Easy Forex Precious Metals sector performed strongly, with increased demand for safe-haven assets. Stocks with High Trading Volume in the Industry Foshan Garden fell 0.68%, with a trading volume of HKD 759,600, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Automotive Street rose 0.39%, with a trading volume of HKD 667,200, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Beautiful Pastoral Medical Health fell 1.47%. Based on recent news: On December 1, Beautiful Pastoral Medical Health announced that non-executive director Ms. Li Fangyu increased her holdings by 41,500 shares, accounting for approximately 0.02% of the total issued shares. The increase in shares demonstrates her firm belief and high confidence in the company's future development prospects. On December 1, the company repurchased 80,000 shares in the market, with a total transaction amount of approximately HKD 2,000,800, at an average transaction price of about HKD 25.01 per share. The board believes that the current share transaction price does not reflect the intrinsic value of the shares and the actual business prospects of the company. On December 2, the company announced again that non-executive director Ms. Li Fangyu had increased her holdings by 21,000 shares. The market has been volatile recently, and investors should exercise caution. Stocks with High Market Capitalization in the Industry Bright Sunny Holdings has a market capitalization of HKD 2.6 billion. Based on recent key news: On December 1, Bright Sunny Holdings announced a mid-term net profit of HKD 20.84 million for the period ending September 30, an increase of 26.8% year-on-year. The company's revenue was HKD 290 million, up 67.9%, mainly due to the successful launch of new brands in multiple regions, driving the stock price up. Source: Economic Information Agency On December 1, Bright Sunny Holdings announced that it would not declare an interim dividend. Despite profit growth, the lack of dividends may affect investor confidence, leading to stock price volatility. Source: Economic Information Agency On December 1, Bright Sunny Holdings' pre-tax profit was HKD 24.94 million, an increase of 28%, indicating improved operational efficiency, further supporting the rise in stock price. Source: Economic Information Agency The Hong Kong market has been active recently, with significant capital inflow