Zhaojin Mining Industry Co., Ltd. (01818): Haiyu goldmine progresses smoothly, showing this gold giant with a high alpha
HONG KONG, Sep 13, 2022 - (ACN Newswire via SEAPRWire.com) - Under the market divergence, the long-term allocation value of gold stocks becomes more prominent.In September when over half of the year has passed, with the frequent "black swan" incidents taking place in 2022, the downward pressure and market volatility of the global economy has become more severe than in previous years. In such a capital winter, gold stocks are expected to become one of the most valuable assets for investment to hold for an extended period of future time.On the one hand, from a macro perspective, there have been more and more catalyst factors that drive the price of gold to rise recently, meanwhile the logic behind the medium and long-term upward trend of gold prices is also strengthening. On the other hand, in terms of valuation, the current gold industry is at the bottom value of the ten-year cycle. Hence the gold industry's profitability and return level are now maintained at a stable and optimized state, providing effective investment values.When it comes to selecting individual stocks, Zhaojin Mining (01818), listed in HKSE, deserves your attention.In addition to the expectation that the rising g...
