The Economic Information Daily reported on the 28th that gold mining stocks fell collectively, with Zijin (02899) down 1% at HK$32.18, marking its fifth consecutive day of decline with a cumulative drop of 6%; Shandong Gold (01787) fell 4.6% to HK$19.08, marking its eighth consecutive day of decline with a cumulative drop of 22.4%; Chifeng Gold (06693) dropped 2.6% to HK$34.72, marking its sixth consecutive day of decline with a cumulative drop of 10.1%; China Gold International (02099) declined 1.5% to HK$219.2, marking its sixth consecutive day of decline with a cumulative drop of 12.6%.

  US 30-year Treasury yields rose above 5.5% last Friday (25th), returning to the highest level since 2004. Currently, US bond yields remain high, with the 30-year yield holding at 5.52% and the 10-year yield at 5.209%. Interest rate futures currently indicate a 66.6% probability that the market expects the US to raise interest rates by 0.25% in October.

  Regarding the US-Iran situation, the US president rejected Iran's proposal to reopen the Strait of Hormuz. Trump stated that the agreement Iran hopes to achieve might have been acceptable to the US about a year ago, and anticipated that US-Iran talks would resume this week. However, Iranian Foreign Minister Araghchi said there is currently no reason to re-engage with the Trump administration and vowed to firmly resist any aggression. Brent crude oil is currently trading at $98.33 per barrel.

  Currently, the Hang Seng Index stands at 24,674, up 164 points or 0.7%, with main board turnover exceeding HK$4 billion. The Hang Seng China Enterprises Index is at 8,234, up 68 points or 0.8%. The Hang Seng Tech Index is at 4,341, up 29 points or 0.7%. (am)