HK Stock Market Move | WANGUO GOLD GP(03939) rises over 7% to hit a new all-time high. The company benefits from the increase in gold prices.

WANGUO GOLD GP (03939) rose more than 7%, reaching a high of 17.32 Hong Kong dollars to set a new record high. As of the time of this report, it was up 7.39% at 17.15 Hong Kong dollars, with a turnover of 2.22 billion Hong Kong dollars. On the news front, retail sales in the United States in December 2025 were lower than expected, raising expectations for a rate cut slightly. At the same time, the market is waiting for the US non-farm payroll report for January, which will be released on Wednesday. David Wilson, head of commodity strategy at BNP Paribas in Paris, said this week that with macroeconomic and geopolitical risks persisting, the current rise in gold prices is "logical and reasonable," and gold prices could climb to $6,000 per ounce by year-end, and the gold-silver ratio would also continue to rise. WANGUO GOLD GP previously announced that it expected the company's attributable profit for 2025 to be approximately 1.4 billion to 1.5 billion yuan, a year-on-year increase of about 143% to 161%. Global Fortune believes that the company's net profit attributable to shareholders in 2025 is expected to increase significantly year on year, benefiting from the rise in gold prices. The institution pointed out that the company's Kinling mine expansion project is promising; it has signed a subscription agreement with Gold Mountain Mining to accelerate the development of the Kinling project; and the daily production at the Kinling mine continues to increase.