Chinese gold prices rose more than 7% in international trading, hitting a new high since listing.
In the Hong Kong stock market, China Gold International surged more than 7% during intra-day trading, reaching a high of HK$90.45 at the time of writing, setting a new record high since going public. The company's sales revenue in the second quarter reached $307 million, a year-on-year increase of 108%; its mining operating profit was $159 million, a significant increase of $130 million compared to the same period last year; and its net profit was $116 million, setting a new quarterly record high.
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