The Zhitong Finance App learned that Ronghui International (00990) rose by more than 7% and rose 7.02% at press time to report HK$0.61, with a turnover of HK$22.32 million.

According to the news, the company previously announced that a board meeting will be held on March 28, 2024 to discuss and approve the annual results of the company and its subsidiaries for the financial year ended 31 December 2023 and consider whether to recommend payment of a final dividend (if any).

Tianfeng Securities pointed out that recent positive macroeconomic expectations at home and abroad continue to catalyze basic metal prices, and it is currently still a low season for the industry. Prices may be more flexible if the peak season approaches. The bank believes that short-term repetition of US economic and employment data may cause back-and-forth fluctuations in gold prices, but as the negative impact of the high interest rate environment on the economy gradually becomes apparent, the rise in US bond yields may be nearing its end, supporting the medium-term gold price.