JPZHJIN@EC2607A

7ROAD

NEW VISION CO

IDT INT'L

SEM HLDGS

NET-A-GO TECH

KAISA GROUP

ARES ASIA

AOM INT'L

TRIO IND ELEC

LING YUI

518850

GLDM

SGDM

RING

01818

JNUG

NUGT

GOAU

GDXJ

GOLD

The United States is promoting diplomatic negotiations to end the conflict with Iran, and spot gold prices briefly rose above $4,600, with the latest quote at $4,575 per ounce, while New York futures gold rose over 4%. Precious metal-related stocks performed well, with ZHAOJIN MINING up 4.4% and Shandong Gold up 4.3%. Trump stated that Iran has shown sincerity in negotiations, and peace talks may be held on Thursday. The Middle East conflict has led to rising energy prices, exacerbating inflation, and the market expects the Federal Reserve to delay interest rate cuts, or even raise rates, affecting the performance of precious metals

Stheadline

Invesco Db Precious Metals ETF

ChinaAMC Gold ETF

Agnico Eagle Mines

SPDR Gold Minishares

Microsectors Gold Miners 3x Leveraged ETN

Sprott JR Gold Miners ETF

Sprott GLD Miners Etf

iShares MSCI Global Gold Miners

ZHAOJIN MINING

iShares Gold Trust

VanEck Gold Miners ETF

SPDR Gold Shares

Direxion Daily Jr Gold Miners Bull 2X

Direxion Daily Gold Miners Bull 2X

Us Gbl GLD & Met

Roundhill Gold Miners Weeklypay ETF

Newmont

VanEck Junior Gold Miners ETF

Pro Ultr GLD

Abrdn Gold ETF Trust

MaxWealth CSI SH-SZ-HK Gold Industry Equity ETF

Kinross Gold

GLOBAL X Gold Explorers

YieldMax Gold Miners Opt Inc Strgy ETF

Gold.com

A glimmer of hope for the US-Iran ceasefire as spot gold once again surpassed $4,600, with ZHAOJIN MINING and Shandong Gold rising over 4%

UBS analyst Sharon Ding has maintained a Buy rating on Zhaojin Mining Industry Co (ZHAOF) as of March 23, with a price target of HK$55.00. The company's shares closed at HK$26.94. Ding has an average return of -19.7% and a success rate of 45.45%. The analyst consensus for Zhaojin Mining is Strong Buy, with a price target consensus of HK$42.54.

Tip Ranks

Zhaojin Mining Industry Co (ZHAOF) Gets a Buy from UBS

600547

02899

02824

601899

159562

The Hang Seng Index rebounded after three consecutive days of decline, closing today at 25,063 points, up 681 points or 2.8%. Northbound capital saw a net outflow of 27.3 billion yuan today, and southbound funds also experienced outflows. Financial stocks generally rebounded, with significant gains in TRACKER FUND, HSBC Holdings, and AIA. Gold stocks performed strongly, with Zijin Mining and Zhaojin Mining both rising. The market is paying attention to the progress of the US-Iran negotiations, which affects US stocks and bond yields

AASTOCKS

SD-GOLD

HSBC Holdings plc ADRhedged

TRACKER FUND

ZIJIN MINING

EFUND GOLD MI ETF

EFUND GOLD MI-U

ZHONGJIN GOLD

Zijin Mining

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

LAOPU GOLD

EFUND GOLD MI-R

Huaan Yifu Gold ETF

"Market Review" Hang Seng Index stops consecutive decline, northbound capital turns to a net outflow of 27.3 billion yuan, Laopu Gold rebounds by 16%

HSBC's research report indicates that ZHAOJIN MINING's net profit after tax last year increased by 149% year-on-year, reaching RMB 3.614 billion. The profit for the fourth quarter was RMB 1.5 billion, in line with expectations. The company declared a final dividend of RMB 0.1 per share, with a payout ratio of approximately 10%. The progress of the Haiyu gold mine project is unclear, and it is expected that there will be no production contribution in 2026. Despite the recent pullback in gold prices, the market environment remains favorable for pure gold mining stocks like ZHAOJIN, maintaining a "Buy" rating for ZHAOJIN with a target price of HKD 37.1. Earnings expectations have been slightly adjusted downward

The report from "The Big Banks" predicts that the market environment will continue to be favorable for pure gold mining stocks such as ZHAOJIN MINING, while there remains uncertainty regarding marine projects

UBS released a report stating that ZHAOJIN MINING's net profit last year increased by 149% to 3.6 billion RMB, exceeding expectations. The gold production was 17.7 tons, with costs declining. UBS maintains a "Buy" rating on ZHAOJIN, with a target price of HKD 55, believing that the recent weakness in the stock price may provide a buying opportunity

UBS: ZHAOJIN MINING's profit last year exceeded expectations, maintaining a "Buy" rating

Zhaojin Mining Industry (SEHK:1818) reported strong FY 2025 results, with Q3 revenue at C¥5.5b and EPS of C¥0.17, reflecting a significant increase from C¥3.5b and EPS of C¥0.13 in Q3 2024. The trailing 12-month revenue reached C¥15.9b, with a net income of C¥2.4b, boosting margins from 9.8% to 15.2%. Despite a P/E of 35.9x, below the peer average of 39.5x, concerns remain about the sustainability of revenue growth, which is forecasted at 14.2% annually. Investors are advised to consider long-term trends and valuation expectations.

Simplywall

Zhaojin Mining Industry (SEHK:1818) Margin Expansion Reinforces Bullish Earnings Narratives

Zhaojin Mining Industry Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025

marketscreener

Zhaojin Mining Industry Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025

Zhaojin Mining Profit Surges as 2025 Revenue Jumps and Dividend Doubles

Zhaojin Mining Profit Surges as 2025 Revenue Jumps and Dividend Doubles

Zhaojin Mining Industry Co (HK:1818) has declared a final ordinary cash dividend of RMB 0.1 per share for the financial year ending December 31, 2025, pending shareholder approval on June 1, 2026. The dividend will be paid in Hong Kong dollars on June 30, 2026, with an ex-dividend date of June 3, 2026. The company has detailed tax arrangements for non-resident H-shareholders, affecting the net dividend based on residency and tax treaties. The current analyst rating for the stock is Hold, with a price target of HK$36.00.

Zhaojin Mining Declares Final 2025 Dividend and Details Tax Treatment for H-Shareholders

Zhaojin Mining Industry says 2025 net profit attributable up 149.1% y/y

Zhaojin Mining Industry says 2025 net profit attributable up 149.1% y/y

The US imposed a 39% tariff on imported gold bars, sparking a rally in gold stocks, with Lao Feng Xiang rising nearly 4% again. The semiconductor sector was dragged down by SMIC's Q2 net profit plunging 19%, with most stocks falling.

SMIC

SMIC HK SDR 5to1

SD GOLD

FORTIOR

Asymchem

HORIZONROBOT-W

HENGRUI PHARMA

Hengrui Pharma

LINGBAO GOLD

INNOSCIENCE

CE HUADA TECH

BATELAB

ZAI LAB

Zai Lab

TIGERMED

Tigermed

FRONTAGE

CHIFENG GOLD

TONGGUAN GOLD

CHI SILVER GP

HUA HONG SEMI

Hua Hong

Hot Trades in Hong Kong Stocks (8.8)｜Gold Sector Rises Across the Board on Tariff Catalysts, SMIC Leads Decline by 6%

Safe-haven gold and domestic semiconductors rise as dual main themes! Comprehensive analysis of the two hot sectors in Hong Kong stocks

Semiconductor

Direxion Semicon Bear 3X

Direxion Semicon Bull 3X

iShares Semiconductor ETF

CHINAGOLDINTL

NVIDIA

Hot Trades in Hong Kong Stocks (8.4)｜ Semiconductor and Gold Stocks Perform Strongly, Innoscience Surges Over 25%

$Gold(20082.HK)fastre

Gold

REGINA MIRACLE

CGN POWER

JPZHJIN@EC2607A(25509.HK)

JPZHJIN@EC2607A Stock Performance Chart

A glimmer of hope for the US-Iran ceasefire as spot gold once again surpassed $4,600, with ZHAOJIN MINING and Shandong Gold rising over 4%

Zhaojin Mining Industry Co (ZHAOF) Gets a Buy from UBS

"Market Review" Hang Seng Index stops consecutive decline, northbound capital turns to a net outflow of 27.3 billion yuan, Laopu Gold rebounds by 16%

The report from "The Big Banks" predicts that the market environment will continue to be favorable for pure gold mining stocks such as ZHAOJIN MINING, while there remains uncertainty regarding marine projects

UBS: ZHAOJIN MINING's profit last year exceeded expectations, maintaining a "Buy" rating