HK Stock Market Move | VIRTUAL MIND(01520) surged over 9%, with its Chengdu company generating a revenue of 23 million yuan from operating gold business in March.
Tianji Holdings (01520) surged significantly this morning, with the highest intraday increase reaching 9.43%, closing at HKD 0.58.
VIRTUAL MIND (01520) surged significantly this morning, with the highest increase reaching 9.43%, closing at 0.58 Hong Kong dollars.
On the news front, VIRTUAL MIND recently announced the latest developments in the business of its subsidiary, Chengdu Tianhe Xinrui Precious Metals Co., Ltd. The announcement revealed that the Chengdu company started trial operation in March 2026, with the gold business in that month recording unaudited total sales revenue of approximately 23 million RMB and operating gross profit exceeding 3 million RMB. The core goal of the Chengdu company is to build a replicable compliant gold circulation infrastructure to support the national gold reserve strategy, and plans to launch an internationally renowned sports IP gold commemorative series, exploring new models combining precious metals with the sports industry IP.
It is reported that the design work for the related products has been completed, and they are currently in the stage of coordinating with suppliers and preparing for productization. The board of directors believes that the steady development of Chengdu company's business and the continued advancement of the IP gold products business will help enrich the group's business structure and explore new sources of revenue, aligning with the overall interests of the company and its shareholders.
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