The Zhitong Finance App learned that Datang Gold (08299) rose more than 7% in the morning. As of press release, it had risen 7.14% to HK$0.3, with a turnover of HK$6.08,000.
According to the news, as of July 22, international gold prices had rebounded to 4,100 US dollars/ounce during the intraday period. It is important to note that in the first half of 2026, the precious metals market experienced a sharp shock from a record high to a deep pullback. Currently, the price of gold has been partially priced according to the hawkish expectations of the Federal Reserve, and there is limited room for further revisions on the valuation side; considering that transactions expected to raise interest rates are already crowded, precious metals may instead usher in a window of restorative growth after a deep correction.
The Zhitong Finance App points out in the “Gold Price Recovery Window” that the intensive investment of Datang Gold's (08299) production capacity consolidates long-term certainty” that Datang Gold's newly acquired Ningshan gold mine will begin trial operation this month, and the technical reform of the Taizhou Mining Mine has entered the final stage. Datang Gold's production growth momentum is shifting from a “single mine” in the past to “more blooming”. The company's performance delivery will be more certain and more flexible in the future. At the same time, the implementation of AI prospecting technology provides differentiated competitiveness for the company to increase its resource reserves in the medium to long term. At a time when interest rate hikes are expected to be crowded and the gold price recovery window is getting closer, the current state of undervaluation of Datang Gold, which has both endogenous growth quality and epitaxial expansion efficiency, is unlikely to last long.