Hong Kong stock market anomaly | Gold stocks collectively rise, violent rebound in gold prices due to non-farm data falling short of expectations. Institutions say interest rate cuts support gold prices.
Zhitong Finance APP learned that gold stocks collectively rose, as of the time of publication, Lingbao Gold (03330) rose by 7.36% to HK$10.8; Chifeng Gold (06693) rose by 6.29% to HK$24.5; Shandong Gold (01787) rose by 5.19% to HK$25.56; and Zhaojin Mining (01818) rose by 4.72% to HK$20.4.
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