HK Stock Market Move | GT GOLD (08299) rose more than 7% in the morning, the gold price recovery window is gradually approaching, the company's Ningxia Gold Mine will start trial operation this month.

GT GOLD (08299) rose more than 7% in the morning, with a 7.14% increase at the time of publication, trading at 0.3 Hong Kong dollars, with a turnover of 6.078 million Hong Kong dollars. On the news front, as of July 22, the international gold price rebounded to $4100 per ounce during trading. It is worth noting that in the first half of 2026, the precious metals market experienced intense volatility from historical highs to deep corrections. Currently, the gold price has partially priced in the hawkish expectations of the Federal Reserve, with limited room for further downward adjustments in valuation; considering that the trade for rate hike expectations is already crowded, precious metals may see a window for a corrective rise after a deep retracement. In the article "Value Highlighted in the Gold Price Consolidation Window, GT GOLD (08299) Cements Long-term Certainty through Intensive Production Deployment," it points out that GT GOLD's newly acquired Ningshan gold mine will start trial operation this month, and the technical upgrade of the Taizhou Mining Mine is entering its final stage, with GT GOLD's production growth momentum shifting from the past "single mine" to "multiple flowers in bloom". In the future, the company's performance realization certainty will be higher and more flexible. At the same time, the implementation of AI exploration technology will provide the company with differentiation and competitiveness in resource increment and storage in the medium to long term. With the crowded trade for rate hike expectations and the gold price recovery window approaching, GT GOLD, with both internal growth quality and external expansion efficiency, is unlikely to remain undervalued for too long.