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A Chinese Company Made a Profit of over 200 Million Yuan by Clearing Out Its Silver Bar Inventory at the Beginning of the Year, and Then Bought More Shares that Were Subsequently Trapped.
Previously, Qifu Life Services (HK.03686), a Hong Kong-listed property management company, made considerable profits from gold and silver investments. After selling its silver at a high price in early 2026, it quickly bought back gold and silver. As gold and silver prices corrected, the company suffered a fair value loss of approximately HK$83.4 million on its precious metal investments in the first half of the year, and its performance turned f…
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Previously, Qifu Life Services (HK.03686), a Hong Kong-listed property management company, made considerable profits from gold and silver investments. After selling its silver at a high price in early 2026, it quickly bought back gold and silver. As gold and silver prices corrected, the company suffered a fair value loss of approximately HK$83.4 million on its precious metal investments in the first half of the year, and its performance turned f…