BP#ZIJINRC2701B

Zijin Mining Plans to Expand Peru's La Arena Mine

Zijin Mining's Acquisition of Allied Gold Regulatory Approval Progressing, Targeted for Completion by May 29

Goldman Sachs Maintains Buy Rating on Zijin Mining, Adjusts Target Price

BOC International Cuts Zijin Mining Target Price to HKD 46.84

Goldman Sachs Maintains Buy Rating on Zijin Mining

JPMorgan 发表研究报告分析 Zijin Mining 业绩和评级

DBS Analyst Maintains Buy Rating on Zijin Mining

Company Sees Significant Growth in Core Financial Indicators and Improved Performance

Zijin Mining released FY2026 Q1 earnings on April 21 After-Market (BJT), actual revenue HKD 111.67 B (forecast HKD 127.09 B), actual EPS HKD 0.8344 (forecast HKD 0.9176)

Zijin Mining Completes RMB 2.5 Billion A-share Repurchase Program

ZIJIN MINING to Release FY2026 Q1 Earnings on April 21 After-Market (BJT), Forecast Revenue HKD 127.05 B, EPS HKD 0.9176

Zijin Mining repurchased 4.7 million A-shares

Zijin Mining Repurchased 5 Million A-Shares

Goldman Sachs Raises China Aluminum's Rating and Target Price

Zijin Mining repurchased 3.1 million A-shares for 101 million yuan

Zijin Mining repurchased 53.03 million shares in March

Zijin Mining Discloses Share Repurchase of 1.91 Million Shares on April 2

Huansan Securities Shows Optimism on Zijin Mining's 2025 Performance, Predicts Significant Increase in Gold and Strategic Metal Production

Zijin Mining repurchased 3.5 million A-shares for 118 million yuan

Zijin Mining repurchased 3 million A-shares

SOMERLEY CAP

TIANLI HOLDINGS

COSMOS MACH

FUTONG TECH

SAMPLE TECH

SINO ICT

QPL INT'L

CITY COOLXUAN

STARCOIN GROUP

PAN ASIA DATA H

600489

02899

600547

GDXJ

GLTR

02824

SGOL

Yesterday's closing price for ZIJIN MINING was HKD 35.8, a slight increase of 0.34%. However, behind this seemingly stable rise lies hidden concerns. The daily trading range narrowed to between HKD 35.72 and HKD 36.38. Although the stock price barely held above yesterday's close of HKD 35.68, bearish signals have already emerged on the daily MACD level, indicating that the previously sustained upward momentum is weakening, and bullish forces are showing signs of temporary loosening. The total trading volume for the day was approximately HKD 982 million, still ranking among the industry's top, but significantly down from previous active trading days, indicating a cooling willingness to chase prices. On the news front, Bridgewater's Ray Dalio recently publicly suggested allocating 5%-15% to gold assets and avoiding cash, stating that "AI, U.S. Treasuries, and geopolitics" are forming a synthetic storm. This statement has temporarily boosted sentiment in the gold sector. However, at the same time, there are signs of marginal easing in the Middle East situation—Iran has submitted a 14-point proposal to the U.S. and set a deadline for negotiations, while the U.S. has announced the initiation of a "freedom of navigation" escort mission in the Strait of Hormuz. If geopolitical tensions ease temporarily, the support of safe-haven funds for gold stocks may weaken accordingly. As the leading gold stock in the Hong Kong market, ZIJIN MINING is extremely sensitive to fluctuations in gold prices. Currently, gold prices are oscillating at high levels, and the choice of direction in the short term will be crucial for stock prices. From a technical perspective, ZIJIN MINING's stock price has been consolidating repeatedly in the HKD 35-36 range, with short-term pressure forming around HKD 36.5. The 5-day moving average has begun to flatten; if the subsequent trading volume cannot effectively increase, the stock price may face pressure to seek support downward

Technical Forecast

ZHONGJIN GOLD

ZIJIN MINING

SD-GOLD

Newmont

Kinross Gold

Agnico Eagle Mines

VanEck Gold Miners ETF

Us Gbl GLD & Met

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

VanEck Junior Gold Miners ETF

Pro Ultr GLD

Abrdn Precious Metals Basket ETF Trust

EFUND GOLD MI-R

ChinaAMC Gold ETF

GLOBAL X Gold Explorers

EFUND GOLD MI ETF

Abrdn Gold ETF Trust

iShares Gold Trust

SPDR Gold Minishares

Zijin Mining

ZIJIN GOLD INTL

LAOPU GOLD

Laopu Gld HK SDR 50to1

Pre-market trend | ZIJIN MINING (2899.HK) stagnated at a high with reduced volume on May 4, is bullish momentum declining?

AAUC

GORO

NUGT

SGDM

GDXU

Allied Gold Corporation confirms normal operations at its mines in Mali and Côte d’Ivoire, with production on track and development in Ethiopia proceeding as planned. The company is in discussions with Zijin Gold regarding their transaction, aiming for timely regulatory approvals before the May 29, 2026 deadline. Despite recent conflicts in Mali, operations remain unaffected, and safety measures are in place for employees. Allied Gold is focused on becoming a leading gold producer in Africa, with ongoing exploration and development efforts.

StockTitan

Allied Gold

Gold Resource

Direxion Daily Gold Miners Bull 2X

SPDR Gold Shares

Sprott GLD Miners Etf

Microsectors Gold Miners 3x Leveraged ETN

Allied Gold Confirms Normal Course Conduct of Business and Provides Update on Ongoing Approvals Process Relating to Zijin Gold Transaction | AAUC Stock News

02600

601899

China's metals industry reported record profits in Q1, with total profits for non-ferrous metal smelting and pressing exceeding 142 billion yuan (S$26 billion), the highest since 2016. Soaring prices for aluminium and copper, alongside increased sulphuric acid prices due to the Iran war, significantly boosted earnings. This profit surge reflects broader economic reflation in China, with major producers like Aluminum Corp of China and Zijin Mining Group reporting their best earnings in a decade. However, Beijing's export restrictions on sulphuric acid may limit future gains for smelters.

Businesstimes News

CHALCO

JCCL

JIANGXI COPPER

China’s metals industry racked up huge profits in first quarter

G Sachs has slightly reduced the target price for Zijin Mining's H shares from HKD52 to HKD51 while maintaining a Buy rating. The company reported a recurring net profit of RMB18.9 billion for Q1 2026, an 88% increase YoY, aligning with expectations. Despite raising unit cost forecasts due to rising energy prices, G Sachs anticipates strong growth for Zijin in 2026, projecting a 53% increase in full-year recurring profit to RMB77.9 billion.

AASTOCKS News

Goldman Sachs

GS Hldg R

G Sachs Slightly Cuts ZIJIN  TP to HKD51; Valuation Attractive, Rating Maintained at Buy

Eunyoung Lee from DBS has maintained a Buy rating on Zijin Mining Group Co (ZIJMF) with a price target of HK$55.00. Lee, a 4-star analyst, has an average return of 34.8% and a success rate of 65.63%. The analyst consensus for Zijin Mining is Strong Buy, with a price target consensus of HK$51.37.

Tip Ranks

New Buy Rating for Zijin Mining Group Co (ZIJMF), the Basic Materials Giant

RING

Zijin Mining Group Co. has established a dividend framework for 2026-2028, targeting a 35% payout of cumulative distributable profits. The plan emphasizes cash dividends while allowing for bonus shares or reserve-to-equity conversions when suitable. The company aims to distribute profits annually, ensuring stability in its dividend policy while considering profitability and investment needs. Analysts rate the stock as a Buy with a price target of HK$49.10. Zijin Mining is a leading Chinese mining firm focused on gold, copper, and other non-ferrous metals, balancing growth and shareholder returns.

iShares MSCI Global Gold Miners

Zijin Mining Sets 2026–2028 Dividend Framework With 35% Payout Target

02259

Zijin Gold International Company Limited reported strong Q1 2026 results, with gold output of 13.46 tonnes and revenue exceeding USD2.06 billion, doubling year-on-year. Profit attributable to owners surged to USD807 million. The all-in sustaining cost rose to USD1,638 per ounce due to higher gold prices. Management plans to enhance exploration and pursue acquisitions, including Allied Gold Corporation. Analysts rate the stock as a Buy with a target price of HK$253.00, reflecting a strong market sentiment and growth strategy in the gold mining sector.

EFUND GOLD MI-U

Sprott Active Gold & Silver Miners ETF

Zijin Gold International Posts Surging Q1 2026 Profit on Higher Gold Output and Prices

159881

159876

512400

159871

561330

516650

159880

Zijin Mining reported a net profit attributable to the parent company of 20.08 billion yuan in the first quarter of 2023, representing a 97.50% year-on-year increase. This growth was primarily driven by continued optimization of production and operational management, along with increased output of mined gold and lithium carbonate. However, mined copper production declined slightly due to reduced equity copper output from the KAMOA-Kakula project. Additionally, rising prices for key metal commodities significantly boosted overall operating performance

- The company's core financial indicators dramatically increased compared to the same period last year, primarily due to optimized production organization and operational management.  
- There was an increase in the production of gold and lithium, while copper production decreased due to lower output from the Kamoa-Kakula project.  
- The rise in prices for key metal products also significantly boosted the company's performance, while caution is advised as the market carries risks and the article does not constitute personal investment advice.

Wallstreetcn

Guotai CSI Non-ferrous Metal ETF

Hwabao WP CSI Non-ferrous Metal ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Yinhua CSI Non-ferrous Metal ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

Zijin Mining: Q1 Net Profit Attributable to Parent Company Reaches 20.08 Billion Yuan, Up 97.50% Year-on-Year

00388

HKXCY

Geopolitical tensions are driving fundraising in the mining sector amid a commodities 'supercycle', according to experts. Johnson Chui from HKEX noted that mining companies are becoming key players in capital markets, with significant IPOs like Zijin Gold's $3.7 billion offering. The sector raised $5.4 billion through IPOs last year, the highest in over a decade. Experts predict more listings in Hong Kong, while geopolitical factors complicate M&A activities, with countries like the US and Gulf nations investing in critical minerals. Regulatory challenges may slow down mega mergers due to national security concerns.

SCMP

HKEX

Hong Kong Exchanges and Clearing (HKEX)

Geopolitics to drive Hong Kong mining fundraising amid ‘supercycle’, experts say

Reuters

Huaqin

Victory Giant's $2.2 billion Hong Kong listing seen pricing at top on demand, sources say

MEDIA-China’s Zijin clears Canadian national security review around Allied Gold acquisition - The Globe and Mail

Zijin Gold International announced the reallocation of the net proceeds of HKD 28.3 billion (approximately USD 3.637 billion) from the global offering. The board of directors decided to allocate approximately USD 214 million for the acquisition of the Raygorodok gold mine in Kazakhstan, with the remaining funds to be used for exploration activities across all of the group's mines. The acquisition is expected to be completed on October 10, 2025, and the board believes that this change is in the overall interest of the company and its shareholders and will not have a significant adverse impact on existing operations

AASTOCKS

Zijin Gold International reallocates the net proceeds from the global offering of shares for mining exploration activities

00669

00992

601857

00857

Goldman Sachs listed a buy list for Hong Kong stocks in its latest report based on the "Earnings Revision Leading Indicator" (ERLI), including Xiaomi-W, PetroChina, Zijin Mining, TECHTRONIC IND, LENOVO GROUP, and several other stocks

TECHTRONIC IND

LENOVO GROUP

PETROCHINA

Goldman Sachs re-evaluates leading indicators (ERLI) and lists Hong Kong stock buy recommendations (Table)

Today, the chip sector and consumer spending couldn't get a boost. GigaDevice was down 7%, Mixue Group also saw a major crash, and Zijin Mining was also sluggish. It feels like the market is a reflection of involution and liquidity drain. Nationz Technology did rise a little bit, but it can't save the overall mood.Lately, it's been like riding a roller coaster every day. Having a lighter position can still dodge some bullets. Brothers holding heavy positions, keep your mindset steady. Let's all be a bit more zen together 😸

NSING TECH

GIGADEVICE

MIXUE GROUP

It's good to finally see some food news for alibaba, it has been in the down trend for months. The company is also laying off roughly 30% of its workforce. Hopefully the trend will reverse!

Gold is behaving more like a speculative asset than a safe haven asset. I got burned earlier. Please trade with care.

Dacai

i think gold and silver will rebound and uptrend towards previous high again once war ends.

Valenxis

Ranks in the top 30% of account holders by total assets
Calculated based on your Longbridge (Singapore) A/C

Total Assets

Ranks in the top 50% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

Rate Of Return

I am very bullish on SNDK, I believe the momentum will continue strong. The supply shortage is not going to be resolved anytime soon! I personally hold this stock!

Lumentum

Sandisk

MingHwa

Ranks in the top 20% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

Morning ☕️ Middle East tension = oil/gold rollercoaster. Alibaba aiming for $100B AI revenue. Xiaomi's new EV + mega AI model. What's your play today? 👇

BABA-W

XIAOMI-W

BABA-WR

Alibaba

XIAOMI-WR

Xiaomi Corporation

iShares Silver Tr

Pro Ultr Silver

GLD SG

CNMC Goldmine

United States Oil Fund LP

XPeng

DELTON

YOFC

FIT HON TENG

TIME INTERCON

Xiaomi HK SDR 2to1

☕️ Daily Market Talk | March 20, 2026

Alibaba HK SDR 5to1

XPENG-W

The optical Comms and memory sector appears to be the market darling now after Anthropic sparked the Saaspocalypse which swept through multiple sectors, it seems that the above 2 belong to the physical layer and would not be susceptible to another narrative of AI killing [you name it].

Wonder how many analysts will now revise away their 6000/oz projection fir gold for year end? The risks of global recession are growing bigger with each day Iran bombs its neighborhood oil facilities. The drag is making poor every one, not to mention the ecological damage. Silver and other metals are suffering. Only the factories are rejoicing.

This wave of pressure was too sudden and disorienting, even giants like Alibaba are feeling the strain. Fortunately, we adjusted course in time and got back on track.

向阳

Filter out the noise and look at what matters most in the market - Price. That is the most important and accurate market indicator out there!

I B kiss the $6000 gold goodbye...

YieldMax Gold Miners Opt Inc Strgy ETF

Direxion Daily Gold Miners Bear 2X

Sprott JR Gold Miners ETF

SD GOLD

Direxion Daily Jr Gold Miners Bear 2X

Roundhill Gold Miners Weeklypay ETF

Gold.com

Direxion Daily Jr Gold Miners Bull 2X

Gold prices have dropped 13% month-to-date to $4,580/oz, marking the worst monthly performance against Brent crude since December 1973, with the gold-to-Brent ratio crashing 43%. Mining stocks have fallen 29% in 19 days due to the ongoing war in Iran, leading to the worst month for the sector since October 2008. Rising oil prices and inflation fears are impacting gold's status as a safe-haven asset, while mining margins are squeezed by increased energy costs. The VanEck Gold Miners ETF has seen a significant decline, reflecting the turmoil in the commodity markets.

benzinga_article

Gold Eyes Worst Month Against Oil Since 1973; Mining Stocks Slump Most Since 2008

Summary of the whole article: Pls exercise caution. Unlike you can profit through continuously monitoring the wild swings, basically everything is at heightened risk. At the top of everyone's heads: How much more ICM and hypersonic missiles are Iran still keeping before they finally unleash, all at once, a death blow to every US aircraft carrier and defeat the US?

BP#ZIJINRC2701B(54240.HK)

Pre-market trend | ZIJIN MINING (2899.HK) stagnated at a high with reduced volume on May 4, is bullish momentum declining?

Allied Gold Confirms Normal Course Conduct of Business and Provides Update on Ongoing Approvals Process Relating to Zijin Gold Transaction | AAUC Stock News

China’s metals industry racked up huge profits in first quarter

G Sachs Slightly Cuts ZIJIN TP to HKD51; Valuation Attractive, Rating Maintained at Buy

New Buy Rating for Zijin Mining Group Co (ZIJMF), the Basic Materials Giant