No Data
No Data
Copper stocks are under pressure. Chinfmining (01258) fell 4.07%. Institutions point to weak demand in the copper rod market.
Copper stocks were under pressure, with Chinfmining (01258) falling 4.07%, Chiho Env (00976) falling 3.92%, Jiangxi Copper (00358) falling 2.73%, and mmg (01208) falling 1.3%. Galaxy Securities said that last week, SHFE copper prices fell by 1.52% to 78,950 yuan/ton, SHFE copper stocks fell by 1.72% to 0.3161 million tons, domestic copper concentrate prices fell by 1.50% to 65,688 yuan/ton, and imported copper concentrate TC was $1.0/ton. On the supply side, shipping is generally normal, and smelters are under maintenance.
Chiho Environmental Group (00976.HK): Zhang Wei resigns as CEO.
Chiho Environmental Group (00976.HK) announced on June 25th that Mr. Zhang Wei has resigned as the company's CEO due to the need to devote more time to other personal affairs, effective from June 25, 2024.
Express News | Chiho Environmental - Zhang Wei Tendered Resignation as CEO
Copper Falls After Hawkish Fedspeak as Record Rally Loses Steam
Copper and other base metals fell after the Federal Reserve signaled US interest rates will likely stay higher for longer than previously indicated, a scenario that may crimp demand for industrial commodities.
Copper sector under pressure, Chinagoldintl (02099) falls by 7.26%. Market's bullish sentiment cools down and the prospects for copper demand are being questioned.
Jingu Caixun | Copper sector came under pressure in early trading, with China Gold International (02099) falling 7.26%, Jiangxi Copper (00358) falling 4.86%, and China Nonferrous Mining (01258), MMG (01208), and Chiho Environmental (00976) all falling over 3%. According to Zhuochuang Information, the U.S. non-farm payroll data was released on the evening of June 7th. The number of non-farm employment in May increased by 272,000, significantly higher than expected, which reduced market expectations of interest rate cuts later this year, and the U.S. dollar index rebounded, suppressing copper price increases. The SHFE copper was closed for the three-day Dragon Boat Festival holiday, while the LME copper fell on June 7th following this news.
Qi He Environmental Protection (00976): Wang Li will be re-elected as director
Qi He Environmental Protection (00976) issued an announcement. After Professor Sui Yan resigned as an independent non-executive director on May 24, 2024...
No Data
顺势而升 : Deploy short-term strong stocks in advance. There will be news like this every day. If you like to do short-term stocks, you can read the information + contact.