Market Context
Gold Spot and Futures On 5 November 2025, spot gold rose by 1.3 % to US $3,982.32 / oz, while the COMEX futures price closed at US $3,992.60 / oz. Silver and copper also posted gains of 1.93 % and 0.84 % respectively. The upward trend in gold prices is supported by expectations of continued geopolitical volatility and weak U.S. economic data, according to a research report from Citic Securities.
Gold‑Related ETFs The Gold Stock ETF (159322) recorded its third consecutive daily increase on 5 November, trading at HK 1.55. Its net asset value had risen 36.41 % over the past six months. The ETF attracted 2.71 % intraday turnover and a cumulative inflow of HK 211.2 million over the last 21 trading days.
Non‑Gold Metals On 6 November 2025, the non‑metal metals sector led the S&P China Composite index with a 3.05 % rise, drawing a net inflow of HK 3.647 billion in primary funds. Within this sector, 12 stocks received inflows exceeding HK 100 million, including China Aluminum (601600) and Zijin Mining (601899). The China Aluminum ETF (516650) gained 3.03 % on the same day, with a three‑day net inflow of HK 143 million.
Chifeng Jilong Gold Mining Co., Ltd. (赤峰黄金)
Company Profile Chifeng Jilong Gold Mining, listed on the Hong Kong Stock Exchange, specializes in the extraction and processing of gold, silver, antimony, palladium, and other precious metals. The firm also operates a comprehensive recycling business. It was incorporated in 2004 and has a market capitalization of HK 59.27 billion.
Recent Analyst Activity On 5 November 2025, Orient Securities issued a “Buy” rating for Chifeng Jilong Gold Mining with a target price of HK 32.00. The rating is supported by a projected net profit of HK 2.73 billion for 2025. Over the preceding six months, fifteen research houses have published reports on the company, with target prices ranging from HK 32.00 to HK 36.34 and 2025 net‑profit forecasts between HK 2.73 billion and HK 3.49 billion. Eighty‑nine percent of the reports recommend a “Buy” or “Recommend” stance.
Financial Snapshot (as of 5 November 2025)
Closing price: HK 28.88
52‑week high: HK 38.88
52‑week low: HK 12.32
P/E ratio: 19.24
These figures suggest that the stock trades within a range that reflects both its historical volatility and the broader upward trend in the precious‑metal sector.
Implications for Investors
The convergence of rising spot gold, supportive ETF performance, and positive analyst coverage indicates a favorable short‑term environment for gold‑mining shares. Chifeng Jilong Gold Mining, with its diversified metal portfolio and recycling arm, appears well positioned to benefit from continued demand for precious metals. Investors should monitor the company’s quarterly earnings releases, especially any updates on production volumes and cost structure, to assess whether the 2025 profit forecast materializes.




