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Xu Huizhu from the Shanghai Gold Exchange: Expand the application scope of "Shanghai Gold" to attract more domestic and foreign institutions to participate in the China gold market.
① The eighth session of the "Shanghai Lujiazui Finance & Trade Zone Development Financial Salon" was successfully held in Shanghai Pudong Lujiazui, where Xu Huizhu, General Manager of the Investor Education and Market Promotion Department of the Shanghai Gold Exchange, shared her insightful views. ② She believes that a完善的黄金市场交易和服务体系 includes "five ones": issuing a package of product systems, providing one-stop supporting services, achieving a single chain for participants, building an integrated risk management guarantee, and creating a unified information system.
China Gold appeared at the Hainan Consumer Expo, showcasing a variety of exquisite national-style Gold products.
On April 16, at the fifth Consumer Expo, Pavilion 2 consisted of jewelry and the "Buy Global, Sell Global" exhibition area, attracting renowned companies from various countries and covering high-end consumer product categories such as jewelry, beauty and fragrance, premium alcoholic beverages, clothing, and footwear. At this Consumer Expo, China Gold showcased several national style精品 including "Master Gold," "Golden Language and Silk Charm," and "Money to Spend." Among them, the "Auspicious Peace" ornament in the "Master Gold" series was creatively designed based on the Qing Dynasty enameled artifact "Peace and Abundance" from the Palace Museum.
China's Gold ETF has seen strong inflow, exceeding the total amount of the first quarter in the first 11 days of April.
As of mid-April, the Inflow into physical gold supported Exchange Traded Funds in the China market has already surpassed the entire first quarter and is ahead of the Gold ETFs listed in the USA during the same period.
China National Gold Group Gold JewelleryLtd (SHSE:600916) Is Reinvesting To Multiply In Value
【Brokerage Focus】China Merchants maintains a "strong buy" rating on CHINAGOLDINTL (02099) as the second phase of the Jiajia Ma Du Metal Mine resumes Operation, significantly increasing capacity.
Jingwu Financial News | China Merchants has released a Research Report indicating that CHINAGOLDINTL (02099) is expected to achieve revenue of 0.76 billion USD in 2024, a year-on-year increase of 64.7%; and achieve a Net income of 0.06 billion USD, reversing losses, with revenue expected to reach 0.29 billion USD in Q4 2024, a year-on-year and quarter-on-quarter increase of 312% and 15.3% respectively, leading to a Net income of 0.07 billion USD, reversing losses on a year-on-year basis and a quarter-on-quarter increase of 148.1%. The bank stated that the Changshan Gold Mine has experienced a slight decline in production due to reduced mining rates, which has led to higher costs. The gold output from Changshan Gold Mine is 3.4 tons, a year-on-year decrease of 0.6 tons, with total unit costs...
Hong Kong stocks movement | CHINAGOLDINTL (02099) rose over 5% in the afternoon, turning a profit last year with earnings of 62.732 million dollars, while spot Gold surpassed 3,120 dollars.
CHINAGOLDINTL (02099) rose over 5% in the afternoon, reaching a 5.75% increase at the time of writing, with a price of 55.15 HKD and a transaction amount of 0.15 billion HKD.