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LongbridgeAI

Zijin Mining surges 5% on gold-sector rally

HK Stock Market Update
Aug 20, 2026 at 01:34 AM

Zijin Mining Group (2899.HK) surged 5% in Hong Kong trading to HK$36.90, as gold-linked equities rallied alongside a broader market advance. The Hang Seng Index gained 1.1% and the tech gauge rose 1.7%, providing a supportive backdrop for resource stocks.

The move accelerated mid-session, with shares jumping more than 5% in a five-minute span as gold-sector peers climbed in tandem. No company-specific news was identified; the rally reflected sector-wide momentum driven by volatile gold prices and renewed safe-haven demand.

As one of China's largest gold and base-metals producers, Zijin's share price remains closely correlated with global commodity prices and macro policy developments.

Source: HK Stock Market Update The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

ZIJIN MINING

ZIJIN MINING

02899.HK

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