Sichuan Gold: Shareholder holding more than 5% reduces stake by 1.2352 million shares, bringing ownership down to 9%

Gelonghui, June 5 | Sichuan Gold announced that it recently received a notice of share reduction from Beijing Jinyang, a shareholder holding more than 5% of the company's shares. From April 15 to June 4, 2026, Beijing Jinyang reduced its holdings by a total of 1.2352 million shares through centralized bidding transactions, representing 0.2941% of the company’s total share capital. Its ownership stake decreased from 9.2941% to 9%, crossing an integer multiple of 1%. This reduction was consistent with the previously disclosed share reduction plan and fell within the planned quantity.

Gelonghui FinanceJun 5 17:57

A-share Market Close: The Shanghai Composite Index fell by over 1%, slipping below the 4,100 mark; both the STAR 50 Index and the Beijing Stock Exchange 50 Index declined by more than 2%; nearly 4,500 stocks across the market posted losses.

Gelonghui, May 27 | China's three major stock indexes closed mixed today. As of the market close, the Shanghai Composite Index fell 1.25% to 4,093 points, the Shenzhen Component Index declined 0.88%, the ChiNext Price Index edged up 0.07%, the SSE STAR Market 50 Index dropped 2.8%, and the Beijing SE 50 Index fell 2.38%. Total market turnover amounted to RMB 3.26 trillion, down RMB 4.5 billion from the previous trading day, with nearly 4,500 stocks declining. In intraday trading, liquor stocks rallied in the afternoon, with Shuijingfang hitting its daily trading limit; thermal power stocks rose, with multiple companies including Huadian Liaoning Energy and Huyin Electric Power reaching their upper limits; cinema and film distribution stocks were active, with H&R Century hitting its trading cap; beverage and dairy stocks strengthened, with Jiahe Food reaching its daily limit; coal, supermarket, and

Gelonghui FinanceMay 27 15:02

Gold concept stocks in the A-share market generally rose, with Western Gold and Sichuan Gold increasing by more than 3%.

On May 8, the Gelonghui reported that gold-related stocks in the A-share market performed strongly. Hengxing Technology surged to hit the daily limit, while Fuda Alloy and Baoding Technology had already risen by the maximum allowed earlier. China Ruilin increased by over 4%, and Western Gold and Sichuan Gold both rose by more than 3%.

Gelonghui FinanceMay 8 13:41

JPMorgan: Is Gold Priced at $4,600 Really Expensive?

JPMorgan pointed out that, according to the traditional model (fair value of $1,000-$1,900), gold is significantly overvalued, but this does not mean it is "wrong"—the high premium reflects a rational pricing of geopolitical risks, damaged U.S. dollar credibility, and the failure of the 60/40 portfolio. The real drivers of the rally—the "century rebalancing" of Western pension funds into gold and stagflation trades—have yet to kick in, and $4,600 may be a worthwhile "insurance premium" to pay.

wallstreetcnMay 7 13:48

Express News | A-Share Market Review: STAR 50 Index Surged 5.47%, Approaching Historical High Today

BreakingsMay 6 15:12

Express News | The gold concept experienced volatile upward movement, with Xicheng Technology surging nearly 10%.

BreakingsMay 6 14:01