<p>招金矿业 (01818.HK) -1.580 (-6.245%) 空头头寸 2.1909 亿美元；比例 38.158% 今天开盘下跌 1.34%，触及低点 HKD23.38。目前交易价格为 HKD23.58，下跌 6.8%，成交量为 3844.46 万股，涉及 HKD9.3 亿。</p>
<p>中信证券在一份报告中表示，招金矿业的金亭岭金矿发生事故，造成伤亡。由于这是过去三个月内第二起致命事故，当地政府已命令公司暂停其在招远总部下所有矿山的运营以进行检查。</p>
<p>该券商估计，招远总部矿山的黄金产量约占公司 2026 年总产量的一半。如果这些矿山长时间停产，将显著拖累其 2026 年的收益。</p>
<p>报告指出，公司主要吸引力在于预计到 2028 年其黄金产量将翻倍，因为海外金矿将开始运营。单独下调 2026 年的收益不太可能对券商基于折现现金流（DCF）估值的目标价产生实质性影响。然而，出于谨慎考虑，投资者可能更倾向于等待与事故无直接关系的矿山恢复运营。该券商已将对公司的 “买入” 评级置于审查中。(ad/u)(香港股票报价延迟至少 15 分钟。空头数据截至 2026-05-15 12:25。)</p>

招金矿业

<p>招金矿业的股价在 BOCI 发布关于因近期致命事故而暂停矿山作业的报告后，跌幅接近 7%。当地政府已命令所有在招远总部下的矿山停止运营以进行检查，这可能会对 2026 年的收益产生重大影响。尽管如此，BOCI 仍维持 “买入” 评级，但建议投资者等待未受影响矿山的运营恢复</p>

<p>ZHAOJIN MINING (01818.HK) -1.580 (-6.245%)  Short selling $219.09M; Ratio 38.158%  opened 1.34% lower today, hitting a trough of HKD23.38. It is now trading at HKD23.58, down 6.8%, with turnover of 38.4446 million shares, involving HKD930 million.</p>
<div class="lb-trans"><p>招金矿业 (01818.HK) -1.580 (-6.245%) 空头头寸 2.1909 亿美元；比例 38.158% 今天开盘下跌 1.34%，触及低点 HKD23.38。目前交易价格为 HKD23.58，下跌 6.8%，成交量为 3844.46 万股，涉及 HKD9.3 亿。</p>
</div><p>BOCI said in a report that an accident occurred at ZHAOJIN MININGs Jintingling gold mine, resulting in casualties. As this marks the second fatal accident within the past three months, the local government has ordered the company to suspend operations at all mines under its Zhaoyuan HQ for inspection.</p>
<div class="lb-trans"><p>中信证券在一份报告中表示，招金矿业的金亭岭金矿发生事故，造成伤亡。由于这是过去三个月内第二起致命事故，当地政府已命令公司暂停其在招远总部下所有矿山的运营以进行检查。</p>
</div><p>The broker estimated that gold output from the Zhaoyuan HQ mines accounts for about half of the companys total production in 2026. If these mines remain suspended for an extended period, this would significantly drag on its 2026 earnings.</p>
<div class="lb-trans"><p>该券商估计，招远总部矿山的黄金产量约占公司 2026 年总产量的一半。如果这些矿山长时间停产，将显著拖累其 2026 年的收益。</p>
</div><p>The report noted that the companys key attraction lies in the expected doubling of its gold production by 2028 as the offshore gold mine commences operations. A downward revision to 2026 earnings alone is unlikely to materially affect the brokers target price based on discounted cash flow (DCF) valuation. Nevertheless, investors may prefer to wait for the resumption of operations at mines not directly related to the accident for prudence. The broker has placed its &#34;Buy&#34; rating on the company under review. (ad/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 12:25.)</p>
<div class="lb-trans"><p>报告指出，公司主要吸引力在于预计到 2028 年其黄金产量将翻倍，因为海外金矿将开始运营。单独下调 2026 年的收益不太可能对券商基于折现现金流（DCF）估值的目标价产生实质性影响。然而，出于谨慎考虑，投资者可能更倾向于等待与事故无直接关系的矿山恢复运营。该券商已将对公司的 “买入” 评级置于审查中。(ad/u)(香港股票报价延迟至少 15 分钟。空头数据截至 2026-05-15 12:25。)</p>
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招金矿业股价下跌近 7%，中银国际指出总部矿山的停产给公司短期前景带来了阴影