SG#ZIJINRC2701A

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

SLING GROUP

GOLDENPOWER

XH NEWS MEDIA

ENTERPRISE DEV

SINO ICT

CONTINENTAL H

REGO INTERACT

NICHE-TECH SEMI

HAO WEN HLDGS

UBOT HOLDING

02899

601899

BYDDY

BYDDF

002594

Chinese mainland-listed firms achieved a record 17% of their revenue from overseas markets in 2025, totaling nearly CNY12.4 trillion (USD1.8 trillion). This growth is attributed to the slowing domestic market and strategies encouraging global expansion. The electronics sector led overseas revenue, surpassing CNY2 trillion, while companies like China National Petroleum Corporation and Foxconn Industrial Internet reported significant overseas earnings. Notably, BYD and Zijin Mining also saw substantial increases in their foreign income, reflecting a trend of diversification and higher margins in less saturated markets.

- As of May 6, 2026, overseas revenue for publicly listed Chinese companies reached a historical high, accounting for nearly 17% of total income, despite slowing domestic growth.  
- These companies reported overseas earnings of approximately 12.4 trillion yuan (1.8 trillion USD), driven by the "going out" strategy and the "China Plus One" policy aiming for diversification.  
- The electronics sector led in overseas revenue, while companies like China National Petroleum and BYD recorded significant gains, indicating increased profitability potential in international markets.

Yicai

ZIJIN MINING

Zijin Mining

BYD Company

BYD Company Limited

BYD COMPANY

Chinese Mainland-Listed Firms Earn Record 17% of Revenue From Overseas in 2025

HSBC

HSBA

02888

600547

02259

GOLD

NUGT

GDXU

RING

SGDM

GDXJ

The HSI closed up 315 points at 26,213, buoyed by hopes for a US-Iran agreement and strong performances in the banking and semiconductor sectors. HSBC and Standard Chartered saw gains of 3.3% and 4.9%, respectively. Chip stocks surged, with notable increases from CAMBRICON and SMIC. Gold miners also performed well, with SD GOLD and ZIJIN GOLD INTL rising over 7%. Total market turnover reached HKD304.737 billion, reflecting robust trading activity in Hong Kong equities.

AASTOCKS News

HSBC Holdings Plc

STANCHART

SD-GOLD

ZIJIN GOLD INTL

Agnico Eagle Mines

Gold.com

Kinross Gold

VanEck Gold Miners ETF

Direxion Daily Gold Miners Bull 2X

Roundhill Gold Miners Weeklypay ETF

GLOBAL X Gold Explorers

Sprott JR Gold Miners ETF

EFUND GOLD MI ETF

EFUND GOLD MI-U

Us Gbl GLD & Met

SPDR S&P Mtls & Mng

MaxWealth CSI SH-SZ-HK Gold Industry Equity ETF

iShares Gold Trust

ChinaAMC Gold ETF

YieldMax Gold Miners Opt Inc Strgy ETF

Pro Ultr GLD

EFUND GOLD MI-R

VanEck Vectors Junior Gold Miners UCITS ETF

Microsectors Gold Miners 3x Leveraged ETN

iShares MSCI Global Gold Miners

VanEck Vectors Gold Miners UCITS ETF

SPDR Gold Shares

Sprott GLD Miners Etf

VanEck Junior Gold Miners ETF

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

SPDR Gold Minishares

Hang Seng Index

Hang Seng China Enterprises Index

Hang Seng TECH Index

Cambricon

BABA-W

BIDU-SW

SMIC

HUA HONG SEMI

GIGADEVICE

BIREN TECH

ASMPT

KB LAMINATES

KINGSOFT CLOUD

GDS-SW

LENOVO GROUP

KNOWLEDGE ATLAS

MINIMAX-W

MANYCORE TECH

MEITU

TENCENT

MEITUAN

KUAISHOU-W

NEW ORIENTAL-S

Lens

COWELL

AAC TECH

Q TECH

YOFC

HSBC HOLDINGS

HKEX

SD GOLD

CHINAGOLDINTL

ZHAOJIN MINING

Alibaba

BABA-WR

Alibaba HK SDR 5to1

BIDU-SWR

Baidu

SMIC HK SDR 5to1

Hua Hong

Kingsoft Cloud

LENOVO GROUP-R

Lenovo Group

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

KUAISHOU-WR

HSBC 5xShortSG241213

Standard Chartered PLC

HKEX-R

Hong Kong Exchanges and Clearing (HKEX)

AIA-R

AIA Group

China Gold

ZHONGJIN GOLD

HSI Ends Up 315 pts as HSBC Rebounds; Gold Miners Spike

Goldman Sachs has released a report detailing its latest Buy list for Hong Kong-listed stocks, based on its Earnings Revision Leading Indicator (ERLI). The list includes stocks such as Xiaomi, PetroChina, and Zijin Mining, with varying short selling ratios and price changes. Notably, HUA HONG SEMI saw a significant increase of 12.605%. The report provides insights into short selling amounts and ratios for each stock, reflecting market sentiment and potential investment opportunities.

XIAOMI-W

G Sachs Screens H-Shr Buy List Based on ERLI (Table)

600489

GLTR

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

Newmont

Abrdn Precious Metals Basket ETF Trust

Abrdn Gold ETF Trust

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

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

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

02600

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.

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

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.

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

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.

Sprott Active Gold & Silver Miners ETF

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

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

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

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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? 👇

☕️ Daily Market Talk | March 20, 2026

SG#ZIJINRC2701A(54873.HK)

Chinese Mainland-Listed Firms Earn Record 17% of Revenue From Overseas in 2025

HSI Ends Up 315 pts as HSBC Rebounds; Gold Miners Spike

G Sachs Screens H-Shr Buy List Based on ERLI (Table)

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