Movement Alert｜JIANGXI COPPER Falls 6.91% in Regular Trading, Trading at 35.0 HKD

Market Focus

Sep 11

On September 11, JIANGXI COPPER fell 6.91% in regular trading, trading at 35.0 HKD/share, with turnover of approximately HKD 107 million.

Within the Copper sector where JIANGXI COPPER belongs, the overall sector saw broad-based weakness. Among individual stocks, CHINFMINING down 7.7%, CDAYENONFER down 5.49%, JINXUN RESOURCE down 4.49%, JINCHUAN INTL flat 0%, CMRU flat 0%.

JIANGXI COPPER is principally engaged in the mining, smelting, and processing of copper and gold products. Its key products include copper cathodes, gold, silver, sulphuric acid, copper rods, copper tubes, and copper foil, serving industries such as electrical, electronics, machinery manufacturing, and construction. The company reported H1 net profit of approximately RMB 8.63 billion, up 106.77% year-over-year, driven by higher copper price levels and increased self-produced copper concentrate output.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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