Policy expectations come to fruition! The Hong Kong stock market's "Infrastructure" Sector surges as infrastructure funding issuance accelerates significantly in the first two months.
① The Hong Kong stock market's "Infrastructure" Sector has surged sharply, what are the highlights? ② In the first two months, the issuance of funds for Infrastructure has clearly accelerated, how will the related Bullish factors be transmitted?
Why Metallurgical Corporation of China Ltd. (HKG:1618) Could Be Worth Watching
Selected announcements from the Hong Kong stock market|In January, Metallurgical Corporation of China reported a 123% year-on-year increase in new overseas contract amounts. TRAVELSKY TECH expects annual profits to exceed 2 billion yuan.
① In January, the Metallurgical Corporation of China experienced a 123% year-on-year increase in overseas new contract amounts; how significant is the scale? ② TRAVELSKY TECH anticipates annual profits exceeding 2 billion yuan; what is the growth rate?
MCC's Newly Signed Contracts Slide 13% in January
Metallurgical Corporation of China Ltd. Reports January 2025 Contract Figures
Express News | Metallurgical Corporation of China Says New Contracts Signed in January Down 13.4% Y/Y to 87.79 Bln Yuan
Metallurgical Corporation of China (601618.SH): In January, the new contract amount signed was 87.79 billion yuan, a decrease of 13.4% year-on-year.
Gelonghui, February 14th丨Metallurgical Corporation of China (601618.SH) announced that in January 2025, the new contract amount signed by the company reached 87.79 billion yuan, a decrease of 13.4% compared to the same period last year, of which the new overseas contract amount was 3.1 billion yuan, an increase of 123.1% compared to the same period last year.
Private Companies Account for 55% of Metallurgical Corporation of China Ltd.'s (HKG:1618) Ownership, While Individual Investors Account for 36%
Metallurgical Corporation of China (01618.HK): Qu Yang resigns from the position of Vice President.
On February 4, Glonghui reported that Metallurgical Corporation of China (01618.HK) announced that on January 26, 2025, the Board of Directors received a written resignation letter from Vice President Qu Yang. Qu Yang resigned from the position of Vice President due to a job change and will no longer hold any position in the company after resigning. According to relevant regulations, Qu Yang's resignation report will take effect from the day it is delivered to the Board of Directors.
China Metallurgical\'s main operating data announcement for the fourth quarter of 2024
Metallurgical Corporation of China (01618.HK): In 2024, the amount of newly signed contracts reached 1248.3 billion yuan, a year-on-year decrease of 12.4%.
On January 22, Gelonghui reported that the Metallurgical Corporation of China (01618.HK) announced that the new contract amount signed in 2024 is 1248.3 billion yuan, a decrease of 12.4% year-on-year. Among them, the new contract amount signed in the fourth quarter is 356.61 billion yuan, a decrease of 19.5% year-on-year. As of December 31, 2024, the company has no major projects signed but not executed.
Express News | Metallurgical Corporation of China - Aggregate Value of Newly-Signed Contracts of Company in 2024, RMB1,248.30 Bln
Metallurgical Corporation of China (HKG:1618) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Three Years, but the Stock Increases 4.1% This Past Week
Announcement Selection | Eastern Airlines' passenger turnover increased by nearly 20% last month; Zijin Mining Group and some of its affiliated enterprises were included in the UFLPA entity list.
In 2024, the Metallurgical Corporation of China saw a year-on-year decline in newly signed contracts; last month, Eastern Airlines' passenger turnover increased by nearly 20%.
Hong Kong stocks morning report on January 16: USA CPI released, China Concept Stocks generally rose.
① The USA's December CPI increased by 2.9% year-on-year, meeting market expectations. ② The Biden administration has intensively implemented trade restrictions related to China during the remaining term, and the Ministry of Commerce has firmly opposed it. ③ The three major Indices in the USA rose by over 1.5% on Wednesday, with China Concept Stocks showing widespread gains. ④ Germany's 2024 GDP preliminary value has slightly decreased year-on-year. ⑤ The International Energy Agency has lowered this year's Global oil demand forecast.
MCC's Newly Signed Contract Value Slides Over 12% in 2024
Express News | Metallurgical Corporation Says New Contracts Signed in 2024 Down 12.4% Y/Y to 1.2 Trln Yuan
Metallurgical Corporation of China: The new contract amount signed from January to December 2024 decreased by 12.4% year-on-year.
Gelonghui, January 15: The Metallurgical Corporation of China (601618.SH) announced that the company's new contract value signed from January to December 2024 is 1,248.3 billion yuan, a decrease of 12.4% compared to the same period last year, of which the new overseas contract value is 93.24 billion yuan, an increase of 47.8% compared to the same period last year.
Investors Holding Back On Metallurgical Corporation of China Ltd. (HKG:1618)
Infrastructure stocks are collectively under pressure, with China Railway (00390) down 3.54%. Institutions indicate that current state-owned general contractors are facing significant pressure on both the payment and receipt ends.
Jinwu Finance | Infrastructure stocks are collectively under pressure, with China Railway (00390) down 3.54%, TIMES ELECTRIC (03898) down 3.35%, CHINA COMM CONS (01800) down 3.1%, Metallurgical Corporation of China (01618) down 3.05%, China Railway Signal & Communication Corporation (03969) down 2.88%, and CRRC Corporation (01766) down 2.79%. Guosen stated that downstream demand in the construction Industry has declined, resulting in fewer new Orders for construction enterprises and slowing growth in output value. Major state-owned enterprises are seizing market share with lower financing costs, while private enterprises are experiencing a continuous decline in revenue performance. Due to engineering payment progress...