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Express News | This week, 25 A-share listed companies disclosed the latest announcements on mergers and acquisitions. Zhonggong Precision plans to acquire 70% of Shanghai Wodian's equity for 0.42 billion yuan.
A-share closing review: significant decline with increased volume! The three major indexes dropped collectively, nearly 4500 stocks fell in the All Market, while Gold, oil, and Henry Hub Natural Gas sectors surged against the trend.
On June 13, Glory Capital reported that the situation in the Middle East has escalated sharply, and all three major A-share indices fell collectively today. By the close, the Shanghai Composite Index dropped 0.75% to 3,377 points, the Shenzhen Component Index fell by 1.1%, and the GEM Index decreased by 1.13%. The total transaction volume reached 1.5 trillion yuan, an increase of 200.4 billion yuan compared to the previous trading day, with nearly 4,500 stocks in the All Market declining. In the market, international oil prices surged due to Israel's attack on Iran, with sectors such as gold, oil, and Henry Hub Natural Gas rising significantly. Stocks like Tong Petrotech Corp., Intercontinental Oil and Gas, and Western Region Gold hit their daily limit. The nuclear pollution prevention sector strengthened, with many stocks like China Nuclear Radiation reaching their daily limit. The aerospace sector also rose, with Morning Star Aviation increasing.
Express News | The Gold Concept continues to be strong, Shandong Humon Smelting has two consecutive boards.
Western Region Gold (601069.SH): plans to register and issue medium-term notes and CSI Enterprise bond Index.
Glory Financial announced on June 12 that Western Region Gold (601069.SH) revealed plans to further expand the company's financing channels, optimize the financing structure, and enhance the company's liquidity management capabilities. In accordance with relevant regulations, including the "Management Measures for Non-Financial Enterprise Debt Financing Instruments in the Interbank Bond Market," "Management Measures for the Issuance and Trading of Corporate Bonds," and "Shanghai Stock Exchange Corporate Bond Issuance and Listing Review Rules Application Guidelines No. 1 - Application Documents and Preparation," the company intends to apply for the registration and issuance of medium-term notes and corporate bonds. Registration scale: medium-term notes not exceeding 1 billion RMB, corporate bonds not exceeding 1 billion RMB.
Express News | The Gold Concept stocks surged with Shandong Humon Smelting and Guangdong CHJ Industry both hitting the daily limit.
A-share abnormal movement丨Gold prices are soaring close to 3,400 dollars, leading to a rise in gold and jewelry stocks, with Western Region Gold reaching its limit.
On June 3, according to Gelonghui, gold concept stocks in the A-share market rose collectively, with Mankalon gaining 11%, Western Region Gold hitting the daily limit of 10%, Caibai shares rising over 7%, Beijing Xiaocheng Technology Stock up over 6%, Guangdong CHJ Industry, Chifeng Jilong Gold Mining, and Quzhou Development each rising over 5%, while Shengda Resources, Zhejiang Ming Jewelry, Sichuan Gold, Chow Tai Seng Jewellery, and Hunan Gold Corporation increased by more than 4%. Recently, the gold price rose sharply, with London gold peaking at $3,392 per ounce during intraday trading. The escalation of the Russia-Ukraine conflict and the renewed threat from U.S. President Trump to impose double tariffs on imported steel and aluminum prompted investors to turn to safe-haven gold.