Hong Kong Stock Connect | Global Gold Group (03939) opened up over 5% in the morning trading. The rise in gold prices has driven the company's full-year net profit to increase significantly year-on-year.

iFintech News APP learns that GWorld Gold Group (03939) rose over 5% in early trading. As of the time of writing, it increased by 3.99%, trading at HKD 16.69, with a turnover of HKD 45.0369 million.

On the news front, GWorld Gold Group previously announced that it expects the attributable profit to owners for 2025 to be approximately HKD 1.4 billion to HKD 1.5 billion, representing a year-on-year increase of about 143% to 161%. Global Fortune believes that the company’s net profit attributable to shareholders in 2025 is expected to grow significantly year-on-year, benefiting from rising gold prices. The firm pointed out that the expansion project of the Jinling Mine is promising; the company has entered into a subscription agreement with Jinshan Mining to accelerate the development of the Jinling project; and the daily production of the Jinling Mine continues to increase.

Goldman Sachs released a research report stating that, overall, the gold-buying behaviors of central banks and private investors increasing their gold exposure in response to the Federal Reserve’s rate cuts will drive gold prices to gradually rise to $5,400 per ounce by the end of 2026. Based on bullish options structures, if the private sector further diversifies, the forecast for gold prices will face significant upside risk.