Shandong Gold Hong Kong shares hit near 8-week low on weak earnings outlook

By Reuters News

** Hong Kong shares of Shandong Gold Mining 600547.SS drop 5.9% to HK$19.5, their lowest level since August 3

** Stock on track for the biggest one-day decline since August 13 in seventh consecutive falling session

** The Chinese gold miner says it expects its 2026 net profit attributable to decrease y/y due to a proposed adjustment of production and operation plan reducing its 2026 gold output to 36-38 tonnes, from the original target of no less than 49 tonnes

** The company's mine-produced gold output amounted to 48.89 tonnes in 2025 - Shandong Gold Mining

** YTD, Hong Kong stock down 43.1%, the benchmark Hang Seng Index .HSI down 5.1%

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