600916 China National Gold Group Gold Jewellery
- 10.74
- -0.12-1.10%
China National Gold Group Gold Jewellery News
China Gold International (02099.HK): Jiama copper-gold polymetallic mine resumes operation
Gelonghui, May 31, 丨 China Gold International (02099.HK) issued an announcement. With the approval of the Tibet Autonomous Region Government, the second phase of the Jiama Copper-Gold Polymetallic Mine (“Jiama Mine”) plant belonging to the company will resume operations on May 30, 2024. On March 27, 2023, a tailings overflow (“tailings overflow”) occurred at the Jiama mine due to the Guolanggou tailings depot and stopped operating. During the cessation of operations, the company actively carried out comprehensive maintenance and reinforcement of the Guolanggou tailings depot. With approval from the relevant departments of the Tibet Autonomous Region and the country, the second phase of the plant will resume operation, processing 34,000 tons of minerals per day. The first phase of factory selection will follow
China Gold (600916.SH) 2023 annual equity distribution: 0.45 yuan per share, share registration on June 3
According to Zhitong Finance App News, China Gold (600916.SH) issued the 2023 equity distribution implementation notice. The current profit distribution is based on the company's total share capital before implementation of the plan, with a cash dividend of 0.45 yuan (tax included) per share. The share registration date is June 3, 2024, and the exclusion (interest) date is June 4, 2024.
Changes in Hong Kong stocks | China Gold International (02099) rose more than 3%, leading the rise in gold stocks, disturbing the situation in the Middle East, compounded by a fall in the US dollar to support gold prices
Gold stocks were higher in early trading. As of press release, China Gold International (02099) rose 3.32% to HK$57.6; Zhaojin Mining (01818) rose 2.35% to HK$14.8; and Shandong Gold (01787) rose 1.58% to HK$18.02.
Hong Kong gold stocks rose; Jinchuan International rose more than 3%, China Gold International rose nearly 3%, and Shandong Gold rose more than 2%.
Hong Kong gold stocks rose; Jinchuan International rose more than 3%, China Gold International rose nearly 3%, and Shandong Gold rose more than 2%.
Hong Kong gold stocks rose collectively in the afternoon. China Gold International rose 4.21%; Shandong gold rose 3.85%; Lingbao Gold rose 3.77%; and Zhaojin Mining rose 3.49%.
Hong Kong gold stocks rose collectively in the afternoon. China Gold International rose 4.21%; Shandong gold rose 3.85%; Lingbao Gold rose 3.77%; and Zhaojin Mining rose 3.49%.
Hong Kong gold stocks continued to fall in the afternoon, China Gold International (02099.HK) fell more than 4%, and Lingbao Gold (03330.HK) fell nearly 3.5%, and Zhaojin Mining (01818.HK) fell more than 2.5%. Shandong Gold (01787.HK) and Zijin Mining (02
Hong Kong gold stocks continued to fall in the afternoon, China Gold International (02099.HK) fell more than 4%, and Lingbao Gold (03330.HK) fell nearly 3.5%, and Zhaojin Mining (01818.HK) fell more than 2.5%. Shandong Gold (01787.HK) and Zijin Mining (02899.HK) both fell 1.5%.
Can I still buy money now? UBS conducted in-depth research on China's gold market
UBS pointed out that the Chinese market sentiment tends to buy when the price of gold recovers. As a result, future investors may be more likely to react flexibly to the price and be willing to buy at a decline of around $2,250 per ounce.
China Gold (600916.SH): The rise in gold prices did not put pressure on the company's revenue
Gelonghui, May 20 | China Gold (600916.SH) said on the investor interactive platform that the rise in gold prices has increased consumers' attention to gold, and the company is actively doing a good job in business to meet consumer needs. The rise in gold prices did not put pressure on the company's revenue.
Hong Kong stock review: The Hang Seng Index fluctuated and closed up 0.42%, hitting a new high, and non-ferrous metals stocks were strong, China Gold International reached a record high
Glonghui, May 20 | The three major Hong Kong stock indices picked up again after falling in the short term at the end of the session. The Hang Seng Technology Index fell for a while and eventually closed up 0.55%. The Hang Seng Index and the National Index rose 0.42% and 0.44% respectively. Both once again set new high prices since the beginning of August 2023 in the intraday period. On the market, the trend of large technology and domestic housing stocks, which had been rising continuously before, began to diverge. The trend of high-interest concept stocks, led by big finance, was relatively flat. Overall, JD continued to rise and closed up 2%, while Baidu fell more than 3%. Most individual domestic housing stocks turned down one after another in the afternoon, and Midea Real Estate still rose 5%; due to geopolitics
The Hong Kong non-ferrous metals sector fluctuated and strengthened, and China Baiyin Group rose nearly 40%, and Minmetals resources rose more than 7%. China Gold International, Zijin Mining, and Luoyang Molybdenum have risen one after another.
The Hong Kong non-ferrous metals sector fluctuated and strengthened, and China Baiyin Group rose nearly 40%, and Minmetals resources rose more than 7%. China Gold International, Zijin Mining, and Luoyang Molybdenum have risen one after another.
China Gold International announced on the Hong Kong Stock Exchange on May 16 that the company's revenue for the first quarter decreased by 76% from US$253 million in the same period in 2023 to US$60.5 million; net loss was US$26 million and net profit for
China Gold International announced on the Hong Kong Stock Exchange on May 16 that the company's revenue for the first quarter decreased by 76% from US$253 million in the same period in 2023 to US$60.5 million; net loss was US$26 million and net profit for the same period in 2023 was US$78.7 million; and gold production decreased 61% to 207,000 ounces from 52,800 ounces in the same period in 2023.
China Gold International (02099.HK): Net loss of US$26 million in the first quarter
Gelonghui, May 16 | China Gold International (02099.HK) announced its results for the first quarter of 2024, with revenue down 76% year on year; mine operating loss was US$11.5 million, and mine operating profit for the same period in 2023 was US$102.7 million; net loss was US$26 million, net profit for the same period in 2023 was US$77.7 million; operating cash inflow decreased from US$127.7 million to US$7.2 million; gold production decreased by 61% to US$60.5 million from 52,827 ounces in the same period in 2023 20,714 oz. Because of the Jiama mine
Old gold stores switched to Hong Kong stocks: pre-IPO valuations soared nearly 9 times, and 32 stores earned an average revenue of 93.9 million
① From 2021 to 2023, revenue was 1,265 billion yuan, 1,294 billion yuan, and 3.18 billion yuan, respectively. ② As of December 31, 2023, Old Gold has 32 stores in 13 cities across the country, closed 2, and is currently operating 30. ③ During the reporting period, gross margins were 41.2%, 41.9% and 41.9% respectively, exceeding 40% for three consecutive years.
China Gold (600916): Net profit increased by 21% in 1Q24, net profit deducted by 33%, improved product structure, stable, high-score dividend for central enterprises
China Gold released its 2023 annual report: the full year of 2023 achieved revenue of 56.364 billion yuan, up 19.61% year on year; net profit to mother was 973 million yuan, up 27.20% year on year, after deducting 8.81 percent of net profit from non-return to mother
Caitong Securities: The leading company in the gold and jewelry sector operates steadily, and fluctuations in gold prices bring about profit elasticity
The Zhitong Finance App learned that CaiTong Securities released a research report saying that in 2023, gold prices rose by more than 10% throughout the year, and the boom in gold led to consumer growth. In 2023, the country's gold consumption was 1089.7 tons, +8.78% year over year. Among them, gold jewelry was 706.5 tons, +7.97% year over year, and 299.6 tons of gold bars and coins, +15.7% year over year. Leading companies in the gold and jewelry sector are operating steadily. Under a steady upward trend in gold prices, sales of terminal gold products are growing rapidly. Franchisers' inventory replenishment drives brand performance to strengthen, domestic brand channels expand smoothly, and remain high in 2024
China Gold International (02099.HK) and CICC Finance sign 2024 financial services agreement
Gelonghui, May 8, 丨 China Gold International (02099.HK) announced that on May 8, 2024, the company and CICC Finance signed a 2024 financial services agreement. According to this, CICC Finance agreed to provide a series of financial services to the company's Chinese subsidiary, including (a) deposit services, (b) lending services, (c) settlement services, and (d) other financial services, which is valid from the date approved by independent shareholders until December 31, 2026.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Express News | Gold prices plummeted and returned to the beginning of 5
China Gold (600916): Franchise stores grow rapidly and further enrich the product matrix with high dividends to give back to shareholders
Core idea In 2023, the company achieved operating income of 56.364 billion yuan, +19.61% year-on-year; achieved net profit of 973 million yuan, +27.20% year-on-year; achieved net profit of 881 million yuan after deduction of non-return to mother
World Gold Council: China's gold demand rose 3% year on year in the first quarter, gold bars and coins were the main engine of demand growth
In the first quarter of 2024, overall domestic demand for gold reached 343 tons, a year-on-year increase of 3%, exceeding the ten-year average by more than 25%.
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