Hong Kong Stock Market Anomaly | Gold Stocks Lead the Decline - No Hope for Fed Interest Rate Cut within the Year, Goldman Sachs Significantly Lowers Gold Target Price.
According to the Securities Times APP, gold stocks led the decline. As of the time of publication, Lingbao Gold (03330.HK) fell by 7.03% to 13.76 Hong Kong dollars; Chifeng Gold (06693.HK) fell by 5.96% to 25.86 Hong Kong dollars; Shandong Gold (01787.HK) fell by 5.31% to 20.32 Hong Kong dollars; and Zijin Mining (02899) fell by 4.36% to 30.68 Hong Kong dollars.
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