603993 CMOC Group Limited
- 8.27
- +0.24+2.99%
CMOC Group Limited News
HK stocks surge: Cmoc Group Limited (03993) rose more than 4%. KFM company's copper production in May exceeded 14%. The dividend rate in the next three years may exceed 40%.
Zhitong Finance APP learned that shares of CMOC Group Limited (03993) rose nearly 6% during trading and were up 4.05% at HKD 7.2 at the time of publication, with a trading volume of HKD 213 million. According to CMOC Group Limited, after achieving a "good start" with continuous overproduction in the first four months of this year, KFM achieved a new high in copper production in May with an overproduction of 14% since its establishment as a venture for copper and cobalt mineral resource mining and processing by CMOC Group Limited's important mining subsidiary in the Congo (Kinshasa), Africa. As an important part of CMOC Group Limited's global strategy, KFM has world-class mining resources and advanced production processes in the world.
CMOC Group Limited rose 6%, and was included in the FTSE China 50 Index.
On June 6th, GeLongHui reported that Luoyang Molybdenum A shares rose by 3.99% to 8.35 yuan in half a day, and H shares rose by 6% to 7.34 Hong Kong dollars during the trading day. In terms of news, the FTSE China 50 Index announced that Luoyang Molybdenum (3993.HK) will be included in the index, effective after market close on June 21. In addition, A-share Luoyang Molybdenum has also been included in the FTSE China A50 Index candidate stock list. The candidate list will take effect immediately until the component stock review for the next quarter, and if one or more component stocks are deleted, the candidate stock will be selected.
Express News | HK nonferrous metals stocks rebounded with fluctuations. Zhaojin Mining (01818.HK) rose more than 5%, Lingbao Gold (03330.HK), CMOC Group Limited (03993.HK), SD Gold (01787.HK) all rose more than 4%, Zijin Mining Group (02899.HK) rose more than 3.5%, Jian
Express News | Hong Kong-listed non-ferrous metal stocks rebounded, with Zhaojin Mining up more than 5%, Lingbao Gold, CMOC Group Limited, and SD Gold all up more than 4%, Zijin Mining Group up more than 3.5%, and Jiangxi Copper and China Hongqiao up more than 2%.
Express News | The small metal sector shook and rose at the beginning of the plate, with Rongjie shares, Guangxi Huaxi Nonferrous Metal rising more than 5%, Yongxing Special Materials Technology, Tianqi Lithium Corporation, CMOC Group Limited, Sinomine Resource Group, Y
Hong Kong market quickly check | The science and technology index rose slightly by 0.30%; Apple concept stocks and semiconductor stocks performed well, and Sunny Optical, an apple supplier, rose by nearly 5%, while Hua Hong Semiconductors rose by more tha
Network technology stocks fluctuated, with Netease up more than 2% and Kuaishou down more than 1%; Petroleum stocks fell across the board, with China Oilfield Services down nearly 4% and PetroChina down more than 2%.
Hong Kong stock market noon review | the three major indices rise together; biotechnology stocks are strong, and Kang Ningjeri Pharmaceuticals rose nearly 17%; nonferrous metal stocks are down, Aluminum Corporation of China fell nearly 8%
There is a divergence in the trend of network technology stocks, with bilibili rising more than 3% and Kuaishou falling nearly 1%; semiconductor stocks are strong, with hua hong semi rising more than 4% and shanghai fudan rising more than 3%.
Express News | CMOC Group Limited: KFM Company achieved a new record-high copper production in May.
HK Stock market anomaly | Non-ferrous stocks collectively declined, Aluminum Corporation of China (02600) fell by more than 6%, macro mood cooled and suppressed non-ferrous stocks.
According to the Zhitong Finance APP, non-ferrous stocks collectively fell. As of the publication, Aluminum Corporation of China (02600) fell by 6.49%, reporting HKD 5.62; Jiangxi Copper (00358) fell by 3.49%, reporting HKD 16.02; CMOC Group Limited (03993) fell by 3.05%, reporting HKD 7; Lingbao Gold (03330) fell by 2.25%, reporting HKD 3.04; Ganfeng Lithium (01772) fell by 0.23%, reporting HKD 21.65. On the news front, the US May ISM Manufacturing PMI has dropped for the second consecutive month, indicating weakening overseas economy and weak macro sentiment, which has affected non-ferrous collective.
Hong Kong stocks saw a slight increase in the three major indexes, with biotech and mainland real estate stocks rising, and Genscript Bio rising more than 10%, while China Vanke rising more than 7%.
There is a divergence in the trend of Network Technology stocks, with Meituan up more than 4% and Bilibili down nearly 1%; Multiple nonferrous metal stocks rose, with Zhaojin Mining up nearly 5% and Aluminum Corporation of China up more than 4%.
Express News | CMOC Group Limited: TFM Company's copper production in May exceeds 40,000 tons.
Luoyang Molybdenum Industry (03993): Xu Wenhui retired as a representative supervisor
Luoyang Molybdenum Industry (03993) issued an announcement. Xu Wenhui has retired as the company's employee representative supervisor due to personal work adjustments, and he has retired...
A quick overview of the Hong Kong market | The three major indices pulled back in the afternoon. The Tech Index fell nearly 2%, Meituan fell more than 3%, and Kang Fang Biotech reversed the market and rose more than 37%
The trend of science and network stocks was divided. Bilibili rose more than 3%, Meituan fell more than 3%; coal stocks strengthened, China Coal Energy rose more than 5%, and China Shenhua rose more than 1%.
Research Report: Haitong Securities: The Luoyang Molybdenum Industry was rated “superior to the market”. Steady growth in production will enhance the company's profitability
Gelonghui, May 31 | According to Haitong Securities Research Report, the net profit of Luoyang Molybdenum Industry (603993.SH) in 2023 increased 36% year over year, and net profit to mother increased by 2.07 billion yuan in 24Q1, an increase of 553.3%. In 2024, the company plans to produce 52-570,000 tons of copper; 60,000 tons of cobalt metal, 12—15,000 tons of molybdenum metal, 6,500-7,500 tons of tungsten metal, 0.9-10,000 tons of niobium metal, and 105-1.25 million tons of phosphate fertilizer. It is believed that a steady increase in the company's production will enhance the company's profitability. Furthermore, in terms of nickel metals, the company participated in the Indonesian Huayue nickel-cobalt project
Luoyang Molybdenum Industry (603993): Actively lay out high-quality global assets to build a world-class mining company
Net profit to mother rose 36% year over year in 2023. In March 2024, the company released its 2023 annual report. In '23, the company achieved operating income of 186.27 billion yuan, an increase of 7.7%; net profit to mother was 8.25 billion yuan
Huatai Securities: Optimistic about carbon reduction and transformation or speeding up the concentration of building materials
The bank believes that the release of this action plan is expected to strengthen the regulation of production capacity in the building materials industry, promote the implementation of energy-saving transformation in the building materials and construction industry, and accelerate the integration of photovoltaics in buildings and the construction of large scenic bases. It is recommended to focus on companies related to cement, engineering transformation, and power engineering.
Hong Kong Stock Afternoon Review | The three major indices fell sharply, and the Tech Index fell nearly 2%; Technet stocks generally fell, Meituan fell more than 4%, photovoltaic solar stocks rose, and GCL Technology rose more than 9%
Biotech stocks weakened; Corning Jerry Pharmaceuticals fell nearly 40%; Kangfang Biotech fell more than 10%; non-ferrous metals stocks rose one after another. China's Hongqiao rose more than 3%, and Luoyang Molybdenum industry rose more than 2%.
Singapore Widens Its Pool of Carbon Credits to Offset Emissions
Companies in Singapore can tap a larger pool of carbon credits to offset up to 5% of their taxable emissions after the city-state signed a bilateral agreement with Ghana.
Guojin Securities: Exploring the Panoramic Investment Map of the Metals Industry
Since 2024, prices of precious metals and industrial metals have risen due to the strengthening of market expectations for interest rate cuts from the Federal Reserve, driving growth in corporate performance and leading sector performance.
Huafu Securities: Cathode copper production declined in April, copper prices remained elevated
High copper prices delay demand in the short term, but a month-on-month contraction in supply can be expected. Deposits drive copper prices to rise and fall easily. In the medium term, there is strong certainty that the Fed will cut interest rates, making it difficult to ease shortages on the mining side, supporting the upward movement of copper prices.
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