# precious%20metals
Latest news and articles about precious%20metals
Total: 26 articles found
Precious‑metals Rout and Telecom Tax Hike Drag Hong Kong Stocks; Hang Seng Tech Falls 3.4%
Hong Kong markets slipped as a sharp drop in gold and silver hammered miners and a VAT increase on telecom value‑added services pressured the three major operators. The Hang Seng fell 2.23% and the tech‑heavy Hang Seng TECH lost 3.36%, with notable declines across chips, autos and precious‑metals stocks.
Shuibei in Shock: China’s Retail Gold Market Reels as Metals Suffer Historic Single‑Day Falls
A violent repricing in precious metals on January 30 sent spot gold down more than 9% — the biggest daily drop since 1983 — and silver tumbling as much as 36% intraday. Shenzhen’s Shuibei bullion market became the frontline, with frantic selling, opportunistic buying and banks raising risk thresholds as retail investors coped with rapid losses. The shock highlights how speculative excess, thin physical liquidity and cross‑market contagion can quickly imperil even traditionally ‘safe’ assets.
Shuibei Shock: How a Livestream Gold Platform’s High‑Leverage Bets Triggered a Tens‑of‑Billions Crisis
A livestream‑built Shenzhen gold retailer, Jieweirui, suspended withdrawals after leveraged, option‑style products it sold to retail customers blew up amid sharp rises in precious‑metal prices. The firm's unlicensed, high‑leverage mini‑program ecosystem created large asymmetric exposures and possible illegal fundraising, affecting investors across many provinces and threatening Shuibei’s reputation as a jewellery hub.
A‑Shares Finish January on a High: Shanghai Composite Ends Month Above 4,100 as Metals and AI Lead the Rally
The Shanghai Composite rose 3.76% in January and closed above 4,100, powered by a rotation between precious‑metals miners and AI application plays. Heavy turnover—more than RMB 2.5 trillion for 20 trading days—fostered sharp, theme‑driven rallies in smaller names even as some large‑cap benchmarks showed strain.
A‑shares End January on a High: Gold, AI and Commercial Space Lift Shanghai Above 4,100
Shanghai markets closed January with a 3.76 percent gain, stabilising above 4,100 after mid‑month highs and narrow consolidation. Precious metals, AI application names and commercial space stocks were the standout performers amid sustained high trading volumes.
Gold Surge and Sector Rotation Lift Hong Kong Stocks: Hang Seng Climbs 2.6% as Miners, Property and EVs Rally
Hong Kong stocks rallied on Wednesday, led by gold miners, property developers and electric-vehicle makers, pushing the Hang Seng up 2.58%. Spot gold hitting new highs drove a miners' rally even as investors cheered signs of regulatory easing for some developers and continued strength in domestic EV and semiconductor names.
Forty‑Times Leverage Unravels: Shenzhen Gold Dealer’s Online Pre‑sale Platform Freezes Payouts, Investors Face Massive Losses
A Shenzhen jewellery firm that expanded into online, high‑leverage “pre‑sale” gold and silver products has frozen withdrawals and capped daily payouts after a run on its mini‑program platforms. Investors nationwide report unresolved balances in the hundreds of millions to billions of yuan; regulators in Shenzhen have opened an inquiry and the company has proposed steeply discounted settlements. The episode exposes risks from lightly supervised retail leverage, social‑media distribution and opaque hedging practices in China’s precious‑metals market.
Young Chinese Investors Flock to Gold and Silver as Prices Surge—and Lessons in FOMO Follow
A surge in precious-metal prices has attracted a wave of young Chinese investors buying physical gold and silver, ETFs and derivatives. Their enthusiasm is driven by portfolio diversification, central-bank buying and social-media-fuelled FOMO, but the rush underscores behavioural risks and the need for investor education amid broader macro shifts.
A-shares’ Narrow Rally: Precious-metals and Chip-Equipment Stocks Shine as Market Breadth Worsens
China’s mid-session rebound left headline indices flat to slightly positive while market breadth deteriorated: over 4,400 stocks fell as trading volume declined. Precious metals and semiconductor-equipment pockets drove gains, but widespread selling — particularly in the battery chain — underlines a narrow, rotation-driven market.
A‑Shares Split: Gold, Silver and Oil Stocks Rally as Small‑Caps Slide
China’s bourses saw a stark sector divergence: precious‑metals and oil stocks rallied to new highs while small‑cap and technology‑related segments slipped. Market turnover rose, reflecting active but selective flows as investors chased commodity exposure amid lingering doubts about capital‑intensive tech sectors.
A‑Shares Tick Up as Gold, Pharma Retail and Solar Stocks Take the Lead
Chinese A‑shares opened higher on January 23 with modest gains across the main indexes as precious metals, pharmaceutical retail and photovoltaic sectors led the advance. The moves reflect a combination of commodity-driven flows, policy incentives for pharma consolidation and renewed optimism about renewables, though gains are concentrated and policy‑sensitive.
Gold and Silver’s Unruly Rally: Central Banks, Industry Demand and a Fraying Global Trust
A mix of central‑bank accumulation, rising industrial use in tech and energy, and persistent geopolitical risk is underpinning a prolonged rally in gold and silver. That combination makes short‑term bearish calls fragile, though price volatility and policy shifts still pose meaningful risks.