China Gold International (02099) rose more than 6%, with an intraday high of HK$44.7, a new high since May last year. As of press release, it rose 5.35% to HK$44.3, with a turnover of HK$175 million.
The Zhitong Finance App learned that China Gold International (02099) rose more than 6%, with an intraday high of HK$44.7, a new high since May last year. As of press release, it rose 5.35% to HK$44.3, with a turnover of HK$175 million.
According to the news, international gold prices hit record highs one after another. On March 9, London spot gold and COMEX gold once again broke through record highs. Among them, the highest price of London spot gold was only within easy reach of 2,200 US dollars/ounce, and the highest price of COMEX gold broke through the 2,200 US dollars/ounce mark, breaking through the 2,200 US dollars/ounce mark. Furthermore, the decline in the US dollar combined with low inventories boosted copper prices. The main futures price of Shanghai copper rose from 69,000 to 70,000 in the third week after the holiday, and then fell from a high level.
According to a previous research report by Haitong International, the company's ultimate controlling shareholder is China Gold Group Co., Ltd., which holds 40.01% of the shares. The company is its only overseas listing platform, focusing on gold and copper mining. In 2022, Jiama's copper sales reached 617.23 million US dollars, accounting for 73.71% of Jiama's total revenue in that year. Furthermore, rising metal prices will continue to provide strong support for the company's performance growth.