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Chinfmining (01258) will distribute a final dividend of HKD 0.231916 per share on July 15th.
China Molybdenum Co., Ltd. (01258) announced that it will distribute final dividends of HKD 0.231916 per share on July 15, 2024.
CHINFMINING: POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 27 JUNE 2024 AND PAYMENT OF FINAL DIVIDEND
Copper stocks collectively fell and MMG (01208) fell by 6.49%. Institutions point out that copper prices will adjust in the short term while the supply side remains in a very low position overall.
Jingu Finance News | Copper stocks collectively fell, MMG (01208) fell by 6.49%, Chinfmining (01258) fell by 3.91%, Chinagoldintl (02099) fell by 2.97%, Cdayenonfer (00661) fell by 2.74%, Jiangxi Copper (00358) fell by 2.31%. Tianfeng stated that the overall supply side is still in a very low position, and the market is concerned about the progress of negotiations in the mid-year, with ample supply of crude copper and anode plates, a smaller impact from copper mines, and an increase in recycled copper smelting output, resulting in little impact on refinery production. On the demand side, the current market is facing the off-season effect.
HK stocks anomaly | Copper stocks fell most downstream gradually entering the consumer off-season, institutions said short-term copper prices lack upward drive.
Copper stock had the largest drop. As of the time of publication, Chinfmining (01258) fell by 5.34%, with a price of HKD 6.74; Jiangxi Copper (00358) fell by 3.48%, with a price of HKD 15.52; mmg (01208) fell by 2.23%, with a price of HKD 3.07.
China Nonferrous Mining's (HKG:1258) 43% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
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Hong Kong stocks fluctuate | Copper stocks rose in early trading, with MMG (01208) up more than 5% and Chinfmining (01258) up more than 4%.
Copper stocks rose in early trading. As of press time, MMG Resources (01208) rose 5.48% to HKD 3.08; Chinfmining (01258) rose 3.99% to HKD 7.03.
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