$ZIJIN GOLD INTL(02259.HK) is experiencing volatile market movements again—the stock price is currently fluctuating in the range of ~HKD 215–220, with significant gains in the last 24 hours but already pulling back from the sharp rise seen in previous days.
Two weeks ago, due to news of a RMB 28 billion acquisition of full equity in Canada's United Gold, the stock surged to ~HKD 268 intraday, hitting a new all-time high, but later corrected to around HKD 200. Trading volume remains active now, suggesting that speculative sentiment hasn't dissipated. Anyone considering using this to position for the medium-to-long-term trend in the gold sector?
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