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...
Metallurgical Corp of China Unveils Board Composition
Metallurgical Corporation of China (01618): Bai Xiaohu has been newly elected as an executive director of the third Board of Directors.
Metallurgical Corporation of China (01618) announced that at the temporary Shareholder meeting, Bai Xiaohu was newly elected as the executive of the company's third Board of Directors...
Express News | Metallurgical Corporation of China Ltd - at Egm, Bai Xiaohu Was Newly Elected as Executive Director of Third Session
Zou Hongying, Vice President and Chief Accountant of Metallurgical Corporation of China (601618.SH), has resigned.
Metallurgical Corporation of China (601618.SH) announced that on December 27, 2024, the company's Board of Directors received a report from the Vice President, ...
China Minmetals Acquires 44.3% Stake in Metallurgical of China
Hong Kong stocks are moving differently | Infrastructure stocks rose in early trading as the State-owned Assets Supervision and Administration Commission released Market Cap management opinions. Institutions are Bullish on the fundamentals and valuation r
Infrastructure stocks rose in the morning session. As of the time of writing, CRRC Corporation (01766) was up 4.36%, at 4.79 Hong Kong dollars; China Railway Construction Corporation (01186) was up 2.73%, at 5.65 Hong Kong dollars; China Railway (00390) was up 2.64%, at 3.89 Hong Kong dollars.
Value of Metallurgical Corp. of China's Newly-Signed Contracts Falls 12% in January-November Period
Selected announcements | Ping An Insurance's original premium income in the current year is nearly 800 billion yuan; GANFENGLITHIUM's Goulamina spodumene project phase one has officially gone into production.
In the first 11 months, New China Life Insurance accumulated original insurance premium income of 163.1663 billion yuan, a year-on-year increase of 2.2%; Ideal Autos granted a total of 3.94697 million restricted stock units.
Express News | Metallurgical Corporation of China - China Metallurgical Group Corp to Transfer 9.17 Bln a-Shares of Co to China Minmetals Corp
MCC Logs 12% Decline in New Contracts From January to November
Metallurgical Corporation of China (601618.SH): The direct controlling shareholder will be changed from China Metallurgical Group to China Minmetals.
According to Gelonghui on December 13, Metallurgical Corporation of China (601618.SH) announced that the company plans to transfer its wholly-owned subsidiary, China Metallurgical Group Corporation (referred to as "Metallurgical Group"), 9,171,859,770 shares of A-shares (accounting for 44.258% of the company's total share capital) to China Minmetals for free (referred to as "this free transfer"). After the completion of this free transfer, China Minmetals will directly hold 9,171,859,770 shares of A-shares (accounting for 44.258% of the company's total share capital), and Metallurgical Group will directly hold 1,019,0 shares of the company.
Metallurgical Corp of China Sees Overseas Contract Surge
Metallurgical Corporation of China (01618.HK): From January to November, the new contract amount reached 1,048.11 billion yuan, with new overseas contracts increasing by 99%.
On December 13, Gelonghui reported that Metallurgical Corporation of China (01618.HK) announced that the amount of new contracts signed from January to November 2024 was 1,048.11 billion yuan, a decrease of 12.1% compared to the same period last year, among which the amount of new overseas contracts was 74.71 billion yuan, an increase of 99.0% compared to the same period last year.
Express News | Metallurgical Corporation of China - Value of Newly Signed Contracts From January to November RMB1,048.11 Bln
Metallurgical Corporation of China (01618): The registered accountants signing after the change of annual auditing institution are Zhang Ningning and Zhang Ying.
Metallurgical Corporation of China (01618) issued an announcement, recently, the company received a notice from Ernst & Young Hua Ming regarding the change of China Minmetals Corporation...
Metallurgical Corporation of China Schedules 2024 EGM
Leadership Changes at Metallurgical Corporation of China
Is Metallurgical Corporation of China (HKG:1618) A Risky Investment?
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