$LINGBAO GOLD (03330.HK)$ Today, the stock price has risen, reaching a high of 3.8 HKD during the session, creating a new high since April 2024. As of the time of publication, it is up 8.33%, reported at 3.77 HKD, with a trading volume of 22.92 million HKD.

On the news front, comments made by newly elected president Trump of the USA regarding territorial expansion have sparked a demand for safe-haven assets due to geopolitical risks, causing spot Gold to rise above 2670 USD per ounce. On January 7th, the central bank's official website showed that by the end of December 2024, China's gold reserves stood at 73.29 million ounces, an increase of 0.33 million ounces compared to 72.96 million ounces at the end of November. In November, the central bank increased its gold reserves by 0.16 million ounces after halting Shareholding for six consecutive months. This indicates that after six months, the central bank has increased its gold Shareholding for two consecutive months.

CITIC SEC believes that the Global central bank's gold purchasing behavior is likely to continue, and investment enthusiasm for Gold may persist. This year, geopolitical conflicts in the Middle East, Russia, and Ukraine may still be unstable, which is favorable for rising gold prices. It is worth mentioning that the LINGBAO GOLD WeChat public account previously published a New Year's message for 2025. It mentioned that in the past year, the company seized good market opportunities, accelerated key projects, promoted digital transformation, and deepened internal reforms, achieving significant results in production and Operation, historically realizing comprehensive profitability in both the mining and smelting Sectors, with annual sales revenue and operational performance expected to hit a new historical high.

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