The Zhitong Finance App learned that China Gold International (02099) rose more than 7% to a record high of HK$272.6. As of press release, it had risen 7.41% to HK$272.6, with a turnover of HK$622 million.

According to the news, China Gold International performed well in the first half of this year, reaching a record high for the same period. In the first half of the year, the company achieved net profit of $510 million, an increase of 153.3% over the previous year. Among them, net profit for the second quarter was US$273 million, up 137% year on year and 17% month on month. At the same time, the company announced a large open field plan, and the daily harvesting and selection plan was raised from 50,000 tons to 160,000 tons. Huaxin Securities believes that considering the sharp increase in the company's performance, while the prices of the main products gold and copper are in an upward cycle, it maintains a “buy” investment rating.

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