Shandong Gold Mining Co., Ltd. (1787.HK) – Recent Corporate Developments and Market Performance
Market Performance (24‑hour Period Ending 05:17 PM CET, Friday 23 Oct 2026)
| Metric | Value | Change from Previous Close |
|---|---|---|
| Last trading price | HKD 17.44 | –6.57 % |
| Market capitalisation | HKD 16.8 bn | –19.65 % since month‑end |
| Shares outstanding | 995.5 million | – |
| Trading volume (24 h) | HKD 413.5 mn | – |
| 200‑day simple moving average | HKD 28.57 | – |
| 52‑week high | HKD 54.45 | 01 Jan 2026 |
| 52‑week low | HKD 16.21 | 30 Jun 2026 |
Shandong Gold Mining’s share price declined 6.57 % during the 24‑hour period, falling below its 200‑day moving average. The stock is trading near its 52‑week low, indicating a bearish trend that has continued for the past month.
Recent Corporate Actions
- Executive Change – The Chief Financial Officer has been replaced. The appointment follows a revision of the company’s gold‑production target, which lowered the expected annual output.
- Share‑Buyback Plan – The board approved a modest share‑buyback program aimed at supporting shareholder value.
- Financial Subsidiary – Approval was granted for the establishment of a Hong Kong‑based finance subsidiary to manage overseas cash flows and hedging activities.
These measures are presented as steps to strengthen financial governance and optimize cross‑border capital structure. The company remains under observation as Chinese regulators reassess the attractiveness of separate listings for profitable business units.
Comparative Performance of Related Stocks (24‑Hour Period)
| Stock | Ticker | Trade % | Current Price | Market Cap | P/E Ratio (if available) |
|---|---|---|---|---|---|
| Union Semiconductor Hefei | 688403.SS | 0 % | CNY 17.01 | CNY 16.8 bn | – |
| Bank of Shanghai | 601229.SS | 0 % | CNH 9.32 | CNH 18.5 bn | 6.47 |
| China Tower –H | 0788.HK | –2.07 % | HKD 8.75 | HKD 20.2 bn | 9.96 |
| China Merchants Securities –H | 6099.HK | –3.32 % | HKD 12.93 | HKD 20.2 bn | 5.59 |
| Sanhe Tongfei Refrigerati | 300990.SZ | 0 % | CNY 99.99 | CNY 17 bn | 57.37 |
Company Overview
Shandong Gold Mining Co., Ltd. operates in the materials sector, headquartered in Jinan, China. Its core businesses include:
- Gold mining and production
- Gold exploration, processing, and outsourcing smelting
- Gold jewelry purification
- Non‑ferrous metal production
The company was listed on the Shanghai Stock Exchange on 28 Aug 2003. Further operational details can be found on the company’s website: www.sdhjgf.com.cn .
