Changes in Hong Kong stocks | Tongguan Gold (00340) rose more than 5% in the intraday period and recently received continuous shareholders' holdings increase by over HK$10 million

The Zhitong Finance App learned that Tongguan Gold (00340) rose more than 5% in the intraday period. As of press release, it had risen 4.67% to HK$3.14, with a turnover of HK$96.6819 million.

According to the news, according to the Stock Exchange's latest equity disclosure data, on January 2, Jiang Wei increased her holdings of Tongguan Gold by 500,000 shares, worth about HK$1.4 million; on January 5, Jiang Wei increased her holdings of Tongguan Gold by 2,336 million shares, worth about HK$6.7043 million. On January 6, Jiang Wei increased her holdings of Tongguan Gold by 1.1 million, involving an investment of about HK$3.278 million. After increasing her holdings, Jiang Wei's latest shareholding was 1.19 billion shares, and the shareholding ratio rose to 22.90%.

Global Fusheng previously released a research report saying that in the first half of '25, Tongguan Gold was shifting its business strategy from diversification to focusing on high-return gold mining operations, further consolidating its market position. Profit attributable to 25H1 shareholders recorded a significant increase of 273% over the previous period, reflecting the success of the strategic restructuring. The Group's gold recycling business activities include buying old gold from other supply chain companies and refining it by distributors, and selling physical gold ingots. In the first half of '25, there were no transactions in the gold recycling business. In addition, the company supports the expansion of the mining business in Subei County through mergers and acquisitions and financing.