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Express News | LME copper inventory increased by 1,275 tons.
Yuguang Gold Lead fell more than 5% on the A-share market after an investment group announced plans to reduce its stake by up to 0.83%.
Gelonghui reported on May 19 that Yuguang Gold and Lead (600531.SH) dropped by 5.57%, trading at 14.07 yuan, with a market capitalization of 17 billion yuan. Yuguang Gold and Lead announced that the investment group plans to reduce its holdings in the company within three months after 15 trading days from the date of this announcement. The reduction will be conducted through centralized bidding, involving no more than 10 million shares, representing no more than 0.83% of the company's total share capital. The price for the reduction will be determined based on the secondary market price at the time of sale. (Gelonghui)
Express News | London Metal Exchange: Confirmed the reduction of the single-day price fluctuation limit for outright lead and zinc contracts on all trading platforms from 15% to 12%. The new rule will take effect on June 8.
Express News | Yuguang Gold Lead: Shareholder Jiyuan Investment Plans to Reduce Stake by Up to 0.83%
Express News | Market Review: Both the Shanghai Composite Index and Shenzhen Component Index Fell Over 1%, While the Robotics Sector Surged Against the Trend
Express News | Precious metals stocks saw a broad-based pullback, with Xingye Yinxin nearing its daily limit-down.