WANGUO GOLD GP

Wanguo Gold (3939.HK) closed up 15.70% at HKD 9.58 today, driven by consecutive share buybacks and chairman stake increase. Turnover reached HKD 785 million with a turnover rate of 1.88%. The stock opened low at HKD 8.86, rallied steadily to an intraday high of HKD 9.74 in the morning session, and consolidated high in the afternoon. Q4 2025 net profit surged 145.52% YoY to HKD 419 million, while operating profit grew 203.75% YoY, with net margin at 39.26%. Despite being 77.03% below its 52-week high of HKD 41.7, the stock is up 21.73% YTD and trades above the 20-day moving average (HKD 9.107). However, the PE of 28.12x and PB of 8.08x reflect elevated valuation, and the gold sector had previously stumbled on hawkish Fed signals.