Hong Kong gold miners opened higher, with Zijin Gold International (02259.HK) and Zijin Mining (02899.HK) up over 4%; peers Tongguan Gold (00340.HK), Chifeng Gold (06693.HK), Lingbao Gold (03330.HK), Shandong Gold (01787.HK) and Zhaojin Mining (01818.HK) also rising.

Sept. 4 — Fuda Alloy shares plunged and briefly hit the daily limit down intraday, closing at 49.98 yuan, down 9.04%. The company said the decline reflects multiple factors and that a reduction by the controlling shareholder was previously disclosed; the recent sale was conducted under that prior reduction plan. Fuda said silver is a production raw material and it maintains advance inventories; silver price swings affect inventory valuation and earnings, and large silver volatility would impact the product side. Per its 2026 interim report, the company's main business is electrical contact materials, core components for current and signal transmission in electrical equipment.

China’s 2026-2030 Implementation Plan for Promoting Coordinated Digital and Green Transformation calls for green, low-carbon development of compute facilities. It supports green design measures — including liquid cooling, waste-heat recovery and low-power chips — and directs exploration of an 800V high-voltage DC power architecture while promoting single-rack deployments above 100 kW. The plan requires green operational models using digital-twin simulation, multimodal sensing and AI to enable real-time energy monitoring, forecasting, dynamic adjustment and intelligent lifecycle management of data centers. It mandates compute-power coordination: align compute green-power demand with renewable absorption, steer compute capacity toward wind/solar/hydro-rich regions, develop co-scheduling and green-power direct-connection standards, and advance high-efficiency, long-duration, large-capacity storage technologies and green certificate/green-power trading to raise renewable use in compute facilities. It also urges accelerated upgrades of small, aging compute sites and wider rollout of energy-saving, carbon-reduction equipment and audits.