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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.
