汇丰看好中国金矿股：金价每变动1%，黄金生产商的盈利将相应变动约2%

华尔街见闻10-10

在黄金价格9日创历史新高并突破4000美元/盎司的背景下，汇丰银行认为，金价的上涨将为中国黄金生产商带来巨大的盈利弹性。追风交易台消息，汇丰在8日的研报中认为，黄金价格每变动1%，纯金矿股的盈利将相应变动约2%。这一倍数效应意味着在黄金牛市中，黄金生产商的股价潜在涨幅将显著超越金价本身的涨幅。基于这一预期，汇丰全面上调了紫金矿业、山东黄金和招金矿业的目标价。汇丰预计金价将在2025年剩余时间内保持...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2574007144?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/d63c4b7f0fed80012c8b751d783a3376","is_english":false,"pubTime":"2025-10-10 14:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2574007144","market":"fut","top_or_hot":-1,"title":"汇丰看好中国金矿股：金价每变动1%，黄金生产商的盈利将相应变动约2%","media":"华尔街见闻","content":"<div>\n<p>在黄金价格9日创历史新高并突破4000美元/盎司的背景下，汇丰银行认为，金价的上涨将为中国黄金生产商带来巨大的盈利弹性。追风交易台消息，汇丰在8日的研报中认为，黄金价格每变动1%，纯金矿股的盈利将相应变动约2%。这一倍数效应意味着在黄金牛市中，黄金生产商的股价潜在涨幅将显著超越金价本身的涨幅。基于这一预期，汇丰全面上调了紫金矿业、山东黄金和招金矿业的目标价。汇丰预计金价将在2025年剩余时间内保持...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3756931\">网页链接</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>汇丰看好中国金矿股：金价每变动1%，黄金生产商的盈利将相应变动约2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n汇丰看好中国金矿股：金价每变动1%，黄金生产商的盈利将相应变动约2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-10 14:43 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3756931><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>在黄金价格9日创历史新高并突破4000美元/盎司的背景下，汇丰银行认为，金价的上涨将为中国黄金生产商带来巨大的盈利弹性。追风交易台消息，汇丰在8日的研报中认为，黄金价格每变动1%，纯金矿股的盈利将相应变动约2%。这一倍数效应意味着在黄金牛市中，黄金生产商的股价潜在涨幅将显著超越金价本身的涨幅。基于这一预期，汇丰全面上调了紫金矿业、山东黄金和招金矿业的目标价。汇丰预计金价将在2025年剩余时间内保持...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3756931\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4521","symbol_name":"英国银行股","start_time":0,"source_url":"https://wallstreetcn.com/articles/3756931","article_id":"2574007144","we_media_id":"1084101182","thumbnails":["https://static.tigerbbs.com/d63c4b7f0fed80012c8b751d783a3376"],"rights":{"source":null,"url":"https://wallstreetcn.com/articles/3756931","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2574007144","pubTimestamp":1760078620,"columns":[{"name":"黄金","id":5,"label_key":null}],"sourceInfo":null,"weMediaInfo":{"media_name":"华尔街见闻","introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"summary":"在金价近日突破4000美元/盎司的历史高点背景下，汇丰银行认为，金价的上涨将为中国黄金生产商带来巨大的盈利弹性。于纯黄金生产商而言，金价每上涨1%，其盈利水平将相应增长约2%。","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK4521":"英国银行股","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4207":"综合性银行","GLD":"黄金ETF-SPDR","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC"},"translate_title":"HSBC is optimistic about Chinese gold mining stocks: For every 1% change in gold prices, the earnings of gold producers will change by about 2% accordingly","themeId":"","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/64dcf2387eb7980eacbbc1ca09ec8fe3","symbols_score_info":{"GLD":1.1,"1OZmain":1.1,"GCmain":1.1},"content_text":"在黄金价格9日创历史新高并突破4000美元/盎司的背景下，汇丰银行认为，金价的上涨将为中国黄金生产商带来巨大的盈利弹性。追风交易台消息，汇丰在8日的研报中认为，黄金价格每变动1%，纯金矿股的盈利将相应变动约2%。这一倍数效应意味着在黄金牛市中，黄金生产商的股价潜在涨幅将显著超越金价本身的涨幅。基于这一预期，汇丰全面上调了紫金矿业、山东黄金和招金矿业的目标价。汇丰预计金价将在2025年剩余时间内保持3700-4050美元/盎司的宽幅震荡区间，2026年更是扩大至3600-4400美元/盎司，峰值有望在2026年上半年出现。截至发稿，现货黄金价格回落至3968美元/盎司。金价展望：多重利好支撑，短期目标4000美元在全球多重风险因素叠加下，黄金价格突破每盎司4000美元的历史性关口，年内涨幅已达54%。汇丰首席贵金属分析师指出，地缘政治风险、经济政策不确定性、美联储独立性担忧以及美元走软构成了黄金上涨的核心驱动力。特别值得关注的是，美国政府关门危机和对美联储独立性的质疑进一步推高了避险情绪。全球黄金ETF在9月份录得史上最大单月流入，第三季度累计流入更是创下纪录新高。场外交易和实体资金需求保持强劲，芝商所的投机性多头头寸也处于高位。更重要的是，中国央行连续第11个月增持黄金储备，尽管增持速度有所放缓，但中国黄金储备占比仅为7.7%，远低于全球15%的平均水平，暗示未来仍有较大增长空间。基于以上因素，汇丰预计，2025年剩余时间的金价交易区间为3700-4050美元/盎司，2026年的交易区间将扩大至3600-4400美元/盎司，价格可能在2026年上半年达到顶峰。","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2574007144","isCrawlerRequest":true}