HK Stock Market Move | WANGUO GOLD GP(03939) rose over 7% to set a new all-time high, with an expected annual net profit growth of up to 1.6 times year on year.

WANGUO GOLD GP (03939) rose more than 7% in early trading, reaching a high of 17.8 Hong Kong dollars, setting a new historical high. As of the time of writing, it rose by 7.3% to 17.78 Hong Kong dollars, with a trading volume of 83.5425 million Hong Kong dollars. On the news front, WANGUO GOLD GP previously announced that it expects the attributable profit of the company's owners for the year 2025 to be approximately 1.4 billion to 1.5 billion yuan, a year-on-year increase of about 143% to 161%. It is worth noting that Mr. Chen Jinghe has been appointed as the Chief Advisor of WANGUO GOLD GP, effective from February 2, 2026. WANGUO GOLD GP has established a Strategic Development Committee to provide recommendations for the development strategy of the group's existing businesses and future potential projects. Public information shows that Chen Jinghe is the founder and former chairman of Zijin Mining Group Co., Ltd. Global Fortune previously published a research report stating that cooperation with Zijin Mining Group not only provides funds to accelerate the development of the Gold Ridge Project in the Solomon Islands but also helps in sharing experience and providing support in overseas mining technology and mine operation.