Shandong Gold Mining Stock Forum

Led by technology stocks, Hong Kong bourse opened lower in the morning market. At open, $Hang Seng Index(800000.HK)$ fell 291 points or 1.6% to 17,946. $Hang Seng China Enterprises Index(800100.HK)$ dropped 114 points or 1.8% to 6,152. $Hang Seng TECH Index(800700.HK)$ sagged 110 points or 2.7% to 3,908.
CICC issued a report expecting $JD-SW(09618.HK)$ 's 3Q23 revenue to miss expectations, and retail weakness may continue into 4Q23. JD-SW plummeted 7.4% to $109.
$SD GOLD(01787.HK)$ earned at...

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$SD GOLD(01787.HK)$
KGI has a TA target of HKD17.00.
Shandong Gold Mining Co., Ltd. is a China-based company principally engaged in the mining, processing and sales of gold. The Company operates 2 segments. The Gold Mining segment is engaged in the mining of gold ore. The Gold Refining segment is engaged in the production and sales of gold. The Company is also engaged in the distribution of other metals extracted during the gold ore smelting process, such as silver, copper, iron, lead and zinc. ...

$SD GOLD(01787.HK)$
Gold reached a 12-month high of USD2,014.90 an ounce on Mar 20, 2023. It reached an all time high of USD2074.88 in Aug of 2020. It may break its ATH this year as the banking crisis may cause the Fed to cut rates.
KGI has a TA target of HK16.46 for Shandong Gold Mining Co Ltd.
Shares gapped up and closed above the MA5, with a surge in volume. Both RSI and MACD are constructive.
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