Industry Overview - The Ministry of Industry and Information Technology and eight other departments issued the "Implementation Plan for High-Quality Development of the Gold Industry (2025-2027)", aiming to enhance resource security and innovation in the industry by 2027 [1] - China's gold production and consumption have positioned it as the largest in the world, with gold production expected to reach 377 tons in 2024 and consumption at 985 tons [2] - The People's Bank of China increased its gold reserves to 2296.4 tons as of May, marking a continuous increase for seven months [2] Production and Resource Management - The plan includes three main measures: promoting domestic resource exploration and production, encouraging comprehensive utilization of mineral resources, and enhancing secondary resource recovery [1] - By 2027, gold resource volume is projected to grow by 5% to 10%, with gold and silver production increasing by over 5% [1] Market Dynamics - Analysts predict gold prices could reach $4,000 per ounce next year, a 19% increase from current levels, driven by geopolitical tensions and U.S. fiscal policies [3] - The global demand for silver is expected to rise, particularly due to its dual role as a financial asset and industrial raw material, with significant applications in clean energy technologies [3][4] Company Insights - Zijin Mining (601899) is projected to have a compound annual growth rate (CAGR) of 12% in gold production from 2020 to 2024, with continued growth expected in copper and gold production [5] - Shandong Gold (600547) is anticipated to see net profits of 30.30 million, 50.83 million, and 59.38 million yuan from 2024 to 2026, supported by its rich resource base and ongoing projects [6] - China Silver Group (00815) reported a revenue of 4.319 billion yuan in 2024, a decrease of 20.97%, with a net profit of 996.6 million yuan, down 31.5% [6]

平安证券发布研报称，白银原生低占比下白银产量与银价相关性较低，银价对供给驱动作用较弱，白银 供给弹性难寻。国内政策"两新"、"两重"等扩内需政策持续发力，高端制造业升级推进，白银需求有望 逐步释放增长弹性。海外制造业重建或为欧美长期产业诉求，中期欧美宽松周期有望持续，白银需求增 速空间打开。预计全球白银供需仍呈缺口，价格中枢有望逐步抬升。 白银相关港股企业： 中国白银集团（00815）：中国白银集团是国家一家专业白银生产商及白银的综合经营商，业务覆盖白 银制造、珠宝新零售及白银交易的全产业链。公司旗下山南市金矿勘探取得突破，展现出大型金矿的潜 力。公司拥有伦敦金银市场协会(LBMA)认证资质，生产的"银锭纯度达99.999%"，处于全球最高水 平。2024年，公司实现营业总收入43.19亿元，同比下降20.97%;归母净利润996.6万元，同比下降 31.5%。 国开证券发布研报称，近期白银价格快速上涨主要由以下因素驱动： 智通财经APP获悉，业内人士表示，近期白银价格的强势表现主要受到两方面因素推动：一是国际贸易 环境改善，二是市场对美联储降息预期升温，带动资金加速流入白银市场。尽管白银的避险属性不及黄 金 ...

中东地缘政治持续紧张，金融风险市场情绪表现低迷。港股三大指数全天维持跌势，恒生科技指数一度跌至1.8%，最终收跌1.46%，恒生指数、国企指数分 别下跌1.12%及1.16%，恒指跌近300点。 | स्टेस्ट | 名称 | 最新价 | 涨跌额 | 涨盤 | | --- | --- | --- | --- | --- | | 800000 | 恒生指数 | ○ 23710.69 | 269.61 | -1.12% | | 800100 | 国企指数 | 8594.19 | -100.48 | -1.16% | | 800700 | 恒生科技指数 | 5214.41 | -77.44 | -1.46% | 盘面上，大型科技股、大金融股普遍下跌拖累大市走低，其中，美团跌3.5%，阿里巴巴、百度跌超2%；内房股全天表现弱势，融信中国跌近7%，新城发展 跌近6%；脑机接口概念股普遍呈现高开低走行情，南京熊猫电子大跌超10%，盘初曾涨近14%；石油股、汽车股、半导体芯片股普遍下跌。另一方面，市场 忧美国介入以伊战争，细价油气股遭爆炒，吉星新能源涨超343%，百勤油服涨超79%；贵金属成避险天堂，中国白银集团大涨12 ...

通过订立该等股权转让协议，珠峰黄金将收购目标公司35%的股权，而中国白银将收购目标公司20%的 股权，而目标公司透过西藏日喀间接持有附带西藏日喀则市矿产资源勘探权的勘探许可证。 于收购事项完成后，目标公司江西艺鼎贸易将由买方一及买方二分别拥有35%及20%的股权。目标公司 将作为珠峰黄金的联营公司入账，其财务业绩将不会合并入账珠峰黄金的财务报表。目标公司会成为中 国白银间接非全资附属公司，其财务业绩将于中国白银账目中综合入账。 中国白银集团为中国领先的全产业白银及贵金属综合企业，主要在中国从事银锭、钯金及其他有色金属 的制造及销售业务。珠峰黄金集团主要从事黄金、白银及其他珠宝产品的设计及销售业务。鉴于零售业 的销售增长疲软，中国白银集团及珠峰黄金集团近年来不时探索及考虑珠宝行业内外合适商机，以分散 其商业风险。 格隆汇6月17日丨珠峰黄金(01815.HK)及中国白银集团(00815.HK)公告，中国白银董事会和珠峰黄金董 事会欣然联合宣布，于2025年6月17日，买方一(为珠峰黄金的全资附属公司及中国白银的非全资附属公 司)及买方二(为中国白银的全资附属公司)各自与卖方订立了该等股权转让协议。据此，卖方江西 ...

Core Viewpoint - As of June 9, a total of 127 stocks reached their 52-week highs, indicating a strong market performance with notable leaders in the list [1]. Group 1: Stocks Reaching 52-Week Highs - The top three stocks with the highest increase rates are: - Jinglian Group (01751) with a high rate of 40.00%, closing at 0.510 and reaching a peak of 0.840 [1] - China Rare Earth (00769) with a high rate of 23.21%, closing at 0.680 and peaking at 0.690 [1] - Friendship Time (06820) with a high rate of 22.92%, closing and peaking at 1.180 [1] - Other notable stocks include: - Senhao Group (08285) at 22.58% [1] - Weijun Biotechnology (00660) at 17.06% [1] - China Silver Group (00815) at 16.13% [1] Group 2: Additional Stocks with Significant Increases - Kingsray Biotechnology (01548) increased by 13.66%, closing at 16.980 and peaking at 17.140 [1] - Emperor International Holdings (01950) saw a rise of 13.33%, closing at 0.350 and reaching a high of 0.425 [1] - Alibaba Pictures (01060) increased by 11.88%, closing at 1.060 and peaking at 1.130 [1] Group 3: Stocks with 52-Week Lows - The stocks that reached their 52-week lows include: - Caixin Media Equity (02986) with a low rate of -22.22%, closing at 0.016 and hitting a low of 0.014 [4] - Haina Star Technology (08297) with a low rate of -16.67%, closing at 0.033 and reaching a low of 0.020 [4] - Baide International (02668) with a low rate of -11.54%, closing at 0.094 and peaking at 0.092 [4]

此外，周三公布的数据显示美国服务业活动收缩，就业增长放缓。国债收益率随之下跌，掉期交易员开 始押注美联储将在10月和12月两次降息。较低的利率环境通常对不产生利息的贵金属构成利好，而白银 由于其更高的价格弹性，往往在这种环境下表现更为突出。 分析认为，这轮白银暴涨或许只是开始——当避险需求遇上工业短缺，再叠加货币宽松预期，这样的组 合往往会产生超出预期的价格冲击。 特朗普政府于6月初加码进口钢铁和铝的关税后，市场开始担忧美国政府可能继续对其他关键金属加 税，从而驱动白银和铂金价格上涨。此外，近期美国公布的多项宏观数据表现不佳，市场对美联储降息 预期迅速发酵，也对白银和铂金等工业属性更强的贵金属产生了利好驱动。 随着关税政策的调整，全球贸易格局面临重塑，金属市场的供应链稳定性受到冲击。投资者为了规避可 能的风险，将资金转移至相对稳定且具有避险属性的贵金属市场，白银作为其中的重要一员，自然成了 资金流入的方向。这种基于宏观政策变动引发的市场行为，直接推动了白银价格在短期内的急剧上升。 国信期货表示，全球贸易摩擦与地缘冲突加剧、美国稳定币法案冲击美元信用、美联储政策分歧较大等 因素导致贵金属获得多重溢价，短期贵金属 ...

Market Overview - The Hong Kong stock market indices collectively declined, with the Hang Seng Index stopping a three-day rise, closing down 0.48% at 23,792.54 points, with a total turnover of HKD 235.62 billion [1] - The Hang Seng China Enterprises Index fell 0.63% to 8,629.75 points, and the Hang Seng Tech Index also dropped 0.63% to 5,286.52 points [1] - For the week, the Hang Seng Index rose 2.16%, the China Enterprises Index increased by 2.34%, and the Tech Index gained 2.25% [1] Blue Chip Performance - Kuaishou-W (01024) continued its upward trend, rising 8.44% to HKD 59.1, contributing 22.8 points to the Hang Seng Index [2] - The annualized revenue run rate for Kuaishou's AI product exceeded USD 100 million as of March, with monthly payments surpassing RMB 100 million in April and May [2] - Other blue-chip stocks included CSPC Pharmaceutical Group (01093) up 12.72%, Hansoh Pharmaceutical (03692) up 2.84%, while SMIC (00981) fell 4.85% and Trip.com Group (09961) dropped 3.31% [2] Sector Highlights - Large tech stocks generally declined, with Xiaomi down over 2% and Alibaba down over 1%, while Kuaishou rose over 8% [3] - Precious metals saw gains, with China Silver Group rising 26% and silver prices reaching a 13-year high, driven by industrial demand [3] - The innovative drug sector saw gains, with CSPC Pharmaceutical up 12.72% and other biotech firms also performing well, indicating a positive outlook for the sector [4] Stablecoin Sector - The stablecoin sector experienced a pullback after Circle's successful NYSE listing, with China Everbright Holdings (00165) dropping 17.2% [5] - The Hong Kong government announced the implementation of the Stablecoin Regulation on August 1, 2025, which aims to reshape the regulatory framework for stablecoins [6] Automotive Sector - Automotive stocks declined, with XPeng Motors (09868) down 1.77% and Great Wall Motors (02333) down 1.76% [6] - Concerns over a price war in the automotive industry were raised, with profit margins for the sector declining [6] Notable Stocks - WanGuo Gold Group (03939) reached a new high, rising 11.73% to HKD 30, supported by positive mining contracts [7] - Xinyi Energy (03868) increased by 7.07% as it submitted listing materials for a solar power infrastructure REIT in China [8] - Juzhibio (02367) faced pressure, down 3.04%, amid ongoing controversies regarding its product composition [9]

6月6日，港股三大指数全天呈现弱势行情，尤其是恒生科技指数尾盘一度急跌至1.4%，最终收跌0.63%，恒生指数、 国企指数分别下跌0.48%及0.63%，三者皆终结3连涨行情，市场情绪持续谨慎。 | 名称 | | 最新价 | 涨跌额 | 涨跌幅 | | --- | --- | --- | --- | --- | | 恒生指数 | | 23792.54 | -114.43 | -0.48% | | 800000 | howly | | | | | 国企指数 | | 8629.75 | -54.98 | -0.63% | | 800100 | In MV will I | | | | | 恒生科技指数 | winning | 5286.52 | -33.44 | -0.63% | | 800700 | | | | | | | | | | C 簡容汇 | 盘面上，昨日带动大市上涨的大型科技股、大金融股普遍走低；半导体芯片股尾盘跌幅明显加大，龙头中芯国际跌近 5%；近期大火的新消费概念股多数延续跌势，锅圈跌超7%，蜜雪集团跌5.5%；影视娱乐股、机器人概念股、汽车 股、化妆品股普跌。另一方面，白银、铂金等贵金属集体飙 ...

全球避险情绪高涨，贵金属市场"热闹非凡"。 继黄金之后，白银也迎来高光时刻。 今日港A黄金及贵金属板块"迎风起舞"。截至发稿，港股中国白银集团暴涨超21%，A股中润资源、白银有色、湖南白银涨停。 | 代码 | 名称: | 最新价 | 涨跌额 | 涨跌幅 v | 总市值 | 年初至今涨跌 | | --- | --- | --- | --- | --- | --- | --- | | 00815 | 中国白银集团 | 0.445 | +0.080 | 21.92% | 10.42亿 | 88 56% | | 00340 | 漳关商金 | 2.540 | +0.180 | 7.63% | 111.7亿 | 418.37% | | 01712 | 龙资源 | 5.270 | +0.350 | 7.11% | 8.33亿 | 242.21% | | 02489 | 集海资源 | 2.000 | +0.110 | 5.82% | 40亿 | 132,56% | | 08299 | 大唐英金 | 0.410 | +0.020 | 5.13% | 30.46 Z | 197.10% | | 00621 | 坛金矿业 | 0. ...

有色股涨幅居前，市场风险偏好回暖延续，机构看好行业盈利能力维持增长。洛阳钼业(03993)涨4%； 江西铜业股份(00358)涨3.11%。 石四药集团(02005)涨4.27%，已取得有关葡萄糖酸钙氯化钠注射液药品生产注册批件。 智通财经APP获悉，港股恒生指数跌0.21%，跌49点，报23857点；恒生科技指数跌0.59%。港股早盘成 交1021亿港元。 三大电信运营商港股震荡走高，中国联通（00762）、中国移动（00941）、中国电信（00728）均涨超 2%。 中国白银集团(00815)涨超23%，现货白银一度站上36美元创近13年来新高。 龙蟠科技(02465)一度涨3.35%，近期再签15万吨磷酸铁锂大单，固态电池迎密集催化。 东岳集团(00189)涨1.54%，三代制冷剂价格持续上涨，公司为R22、R32配额龙头。 佑驾创新(02431)涨7%，近日获得长安汽车旗下新能源自主品牌的主力车型定点。 中旭未来(09890)涨超11%，国产游戏版号发放创新高，公司多款新作计划年内上线。 东风集团股份(00489)再跌超3%，控股股东澄清暂无重组动作，首5月汽车销量同比降约17.1%。 阿里健康(00 ...