HK Stock Market Move | GT GOLD (08299) rose more than 11%. The company's internal growth momentum is strong, and institutions indicate that the mid-term upward logic for precious metals is solid.

GT GOLD (08299) surged over 11%. As of the time of this report, it has risen by 11.11% to HKD 0.35, with a trading volume of HKD 59.7391 million. On the news front, the U.S. Treasury's repurchase of long-term U.S. bonds reflects concerns about the sustainability of debt repayment and fiscal balance, with spot gold rising over 5% last week. Guotai Junan Futures indicated that the adjustment of U.S. bond durations is not enough to mitigate debt risks, and the mid-term upward logic for precious metals remains solid. Ray Dalio, founder of Bridgewater Associates and billionaire, has recently warned that the U.S. debt crisis could erupt as early as within three years and advised investors to reduce their bond holdings, allocating 10% to 15% of their portfolio to gold. Notably, the company itself has strong intrinsic growth momentum. Taizhou Mining's technological transformation is nearing completion, with the new 1,000-ton-per-day beneficiation plant scheduled to be completed by the end of this year; the acquisition of the Ning Shan gold mine was officially completed on June 29, and the two beneficiation plants have a combined designed capacity of 1,500 tons per day, with potential capacity reaching 2,000 tons per day. The company's output is expected to successfully transition from a "single mine" model to a "multi-point blossoming" approach.