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Hong Kong stocks movement | Copper industry stocks declined across the board as the strong performance of the US dollar puts pressure on copper prices. Institutions state that demand expectations remain the core factor in copper price determination.
Copper stocks fell across the board. As of the time of this report, MMG (01208) dropped by 3.15% to 2.46 HKD; CMOC Group Limited (03993) fell by 2.91% to 5.33 HKD; CHINFMINING (01258) decreased by 2.14% to 5.02 HKD; and Zijin Mining Group (02899) slid by 1.95% to 14.08 HKD.
Copper Falls After Fed Signals Rate-Cut Slowdown -- Market Talk
Copper Rises, Aided by Prospects of China's Fiscal Stimulus -- Market Talk
Express News | China Metal Resources Utilization - Application Made by Co to HK Stock Exchange for Resumption of Trading in Shares Wef 22 Nov
Cancellation of aluminum and copper material export tax rebates; domestic and international prices show differentiation; leading enterprises accelerate overseas layout.
① Following the announcement of the cancellation of export tax rebates for aluminum and copper materials, aluminum prices showed a trend of "strong externally, weak internally"; ② In the long term, this will drive the industry to focus on high value-added product areas and the overseas expansion of enterprises.
China Metal Resources Utilization's Attributable Loss Narrows in H1
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