--- title: "Hong Kong stock movement: ZIJIN GOLD INTL rises 15.45% with doubled earnings and dividends + two brokerages upgrade ratings" type: "News" locale: "en" url: "https://longbridge.com/en/news/296431098.md" description: "ZIJIN GOLD INTL rose 15.45%; Shandong Gold rose 8.38%, with a transaction volume of HKD 777 million; Lingbao Gold rose 8.35%, with a transaction volume of HKD 585 million; Zhaojin Mining rose 8.40%, with a transaction volume of HKD 575 million; China Gold International rose 6.95%, with a market value of HKD 97.4 billion" datetime: "2026-08-20T03:48:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296431098.md) - [en](https://longbridge.com/en/news/296431098.md) - [zh-HK](https://longbridge.com/zh-HK/news/296431098.md) --- # Hong Kong stock movement: ZIJIN GOLD INTL rises 15.45% with doubled earnings and dividends + two brokerages upgrade ratings **Hong Kong Stock Movement** ZIJIN GOLD INTL rose 15.45%. Based on recent key news: 1. On August 17, ZIJIN GOLD INTL announced its interim results, with a net profit of USD 1.45 billion, a year-on-year increase of 179%, and declared its first interim dividend of HKD 1.5 per share, driving the stock price up due to the performance. Source: Economic Information Daily 2. On August 17, Bank of America Securities raised the target price for ZIJIN GOLD INTL to HKD 150 and reiterated a "Buy" rating, reflecting a decrease in unit costs and an upward revision of profit forecasts. Source: Jin10 Data 3. On August 18, Citigroup gave ZIJIN GOLD INTL its first "Buy" rating with a target price of HKD 178, expecting the growth rate of gold production to lead the industry. Source: Citigroup report on gold stocks recently fluctuating due to macroeconomic impacts. **Stocks with High Trading Volume in the Industry** Shandong Gold rose 8.38%. Based on recent key news: 1. On August 19, the U.S. Treasury announced an expansion of the long-term Treasury bond repurchase program, leading to a decline in U.S. bond yields, a weakening dollar, and gold prices breaking through USD 4,500 per ounce, providing price support for Shandong Gold. 2. On August 19, the total federal government debt of the United States surpassed USD 40 trillion, and global central banks increased their gold reserves, further supporting gold prices and boosting Shandong Gold's stock price. 3. On August 18, Shandong Gold was seen as a resilient asset in response to rising gold prices, with leading gold production and resource reserves, benefiting from the increase in gold prices. The safe-haven and anti-inflation properties of gold have strengthened. Lingbao Gold rose 8.35%. Based on recent key news: 1. On August 20, international gold prices broke through USD 4,500 per ounce, and the U.S. Treasury expanded the repurchase scale of longer-term Treasury bonds, leading to a decline in the dollar index, providing price support for gold. Lingbao Gold's stock price rose by 9.8%. 2. On August 19, the total federal government debt of the United States surpassed USD 40 trillion, and global central banks increased their gold reserves, driving long-term increases in gold prices. Lingbao Gold benefited from this news. 3. On August 17, Huayuan Securities stated that the rebound in precious metals reflects rising geopolitical risks, weak U.S. employment data, and cooling inflation, with market expectations of a slowdown in Federal Reserve interest rate hikes, maintaining an "Overweight" rating for the precious metals sector. Lingbao Gold rose 3.64%. The long-term strategic allocation value of the gold market has become prominent. Zhaojin Mining rose 8.40%. Based on recent key news: 1. On August 19, international gold prices broke through USD 4,500 per ounce, and the U.S. Treasury expanded the bond repurchase scale, leading to a decline in the dollar index, providing support for gold prices, and Zhaojin Mining's stock price rose by 8.4%. Source: Zhitong Finance 2. On August 17, Zhaojin Gold released its semi-annual report for 2026, with operating income increasing by 85.13% year-on-year and net profit increasing by 407.44% year-on-year, significantly boosting stock prices. Source: Zhitong Finance On August 18, gold concept stocks benefited from positive earnings reports, and gold ETFs rose for three consecutive days, enhancing market confidence in gold stocks, with Zhaojin Mining's stock price continuing to rise. Source: Zhito Finance. The trend of global central banks purchasing gold continues, strengthening support for gold prices. **Stocks ranked at the top of the industry by market capitalization** China National Gold International rose by 6.95%. Based on recent key news: 1. On August 17, China National Gold International announced that the slope treatment plan for the Changshanhao Gold Mine was approved, with mining operations expected to resume within a month. This move eliminated safety hazards and drove the stock price up. 2. On August 17, copper prices surged, driving copper industry stocks higher, with China National Gold International benefiting from market sentiment, leading to an increase in its stock price. 3. On August 19, large trades in the market showed that China National Gold International's stock price was slightly below the previous closing price, indicating a cautious attitude from the market regarding its future performance. 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