Understanding the Market | LINGBAO GOLD rises over 4%, with net profit in the first half expected to increase by more than 3.3 times year-on-year, as the market awaits guidance from the interest rate meeting
LINGBAO GOLD rose over 4%, as of the time of writing, up 4.89%, reported at HKD 10.72, with a trading volume of HKD 106 million. In terms of news, LINGBAO GOLD recently issued a profit warning, expecting to achieve revenue of approximately RMB 7.492 billion to RMB 7.92 billion for the six months ending June 30, 2025, an increase of about 75% to 85% year-on-year; net profit is expected to be between approximately RMB 656 million and RMB 687 million, an increase of about 330% to 350% year-on-year. CITIC Futures pointed out that looking ahead, the short-term uncertainty in economic and trade is decreasing, tariffs are gradually becoming slow variables, and attention should be paid to changes in the U.S. fundamentals and interest rate cut expectations. This week’s U.S. non-farm payroll data and the Federal Reserve's expressions at the July interest rate cut meeting are quite important. From a monthly perspective, the focus will be on the global central bank annual meeting in August, which, if combined with the Federal Reserve's leadership transition disturbances, may lead to amplified volatility
According to Zhitong Finance APP, LINGBAO GOLD (03330) rose over 4%, with a current increase of 4.89%, priced at HKD 10.72, and a trading volume of HKD 106 million.
On the news front, LINGBAO GOLD recently issued a profit warning, expecting to achieve revenue of approximately RMB 7.492 billion to RMB 7.92 billion for the six months ending June 30, 2025, representing a year-on-year increase of about 75% to 85%; net profit is expected to be between approximately RMB 656 million and RMB 687 million, a year-on-year increase of about 330% to 350%.
CITIC Futures pointed out that looking ahead, short-term economic and trade uncertainties are decreasing, and tariffs are gradually becoming slow variables. Attention should be paid to the U.S. fundamentals and changes in interest rate cut expectations. This week's U.S. non-farm payroll data and the Federal Reserve's expressions at the July interest rate cut meeting are quite important. On a monthly level, the focus should be on the global central bank annual meeting in August. If combined with the Federal Reserve's leadership transition disturbances, it may lead to amplified volatility
