HK-listed Tongguan Gold hits over 3-week high on robust earnings forecast

Tongguan Gold

24/02/2026 03:26

** Shares of Tongguan Gold Group 0340.HK jump 8.7% to HK$3.89, their highest point since January 29, and on course for second session of gains

** Chinese gold miner expects its 2025 net profit to jump 289%-298% y/y to HK$820 mln-HK$840 mln ($104.87 mln-$107.42 mln)

** The increase in net profit was mainly due to the increase in the production and sale volumes of mine-produced gold and higher average selling price - co

** YTD, stock up 35.7%, benchmark Hang Seng Index .HSI up 3.7%

($1 = 7.8195 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))