HK Stock Market Move | Golden stocks are rising against the trend, and market risk aversion is clearly increasing. Institutions are optimistic about the long-term value of gold and other precious metals.

Gold stocks rose against the trendas of press time, ZHAOJIN MINING (01818) rose by 3.78% to HK$13.72; LINGBAO GOLD (03330) rose 2.18% to HK$5.16; Shandong Gold Mining (01787) rose 2.04% to HK$15; CHINAGOLDINTL (02099) rose 1.49% to HK$44.25. On the news front, influenced by the U.S. decision to levy tariffs, market risk aversion sentiment has significantly increased, coupled with the continued weakening of the U.S. dollar, international gold prices rose significantly on Monday. JPMorgan Chase released its latest forecast, stating that by the fourth quarter of 2025, the price of gold may approach $3000 per ounce. Huafu Securities believes that in the short term, concerns about the expansion of global trade wars have intensified, and concerns about future economic stagflation still exist. It is expected that precious metal prices will fluctuate mainly; from a medium to long-term perspective, the direction of currency policies in major global economies is clear, and geopolitical conflicts in Eastern Europe and the Korean Peninsula will continue to highlight the safe-haven properties of precious metals. The People's Bank of China increased its gold holdings in January, and the long-term allocation value of precious metals remains unchanged.