00358 JIANGXI COPPER
- 16.240
- +0.060+0.37%
JIANGXI COPPER News
Hong Kong stocks fluctuate | Copper stocks rose in early trading, with MMG (01208) up more than 5% and Chinfmining (01258) up more than 4%.
Copper stocks rose in early trading. As of press time, MMG Resources (01208) rose 5.48% to HKD 3.08; Chinfmining (01258) rose 3.99% to HKD 7.03.
Copper Falls After Hawkish Fedspeak as Record Rally Loses Steam
Copper and other base metals fell after the Federal Reserve signaled US interest rates will likely stay higher for longer than previously indicated, a scenario that may crimp demand for industrial commodities.
We Think Jiangxi Copper (HKG:358) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much
Copper sector under pressure, Chinagoldintl (02099) falls by 7.26%. Market's bullish sentiment cools down and the prospects for copper demand are being questioned.
Jingu Caixun | Copper sector came under pressure in early trading, with China Gold International (02099) falling 7.26%, Jiangxi Copper (00358) falling 4.86%, and China Nonferrous Mining (01258), MMG (01208), and Chiho Environmental (00976) all falling over 3%. According to Zhuochuang Information, the U.S. non-farm payroll data was released on the evening of June 7th. The number of non-farm employment in May increased by 272,000, significantly higher than expected, which reduced market expectations of interest rate cuts later this year, and the U.S. dollar index rebounded, suppressing copper price increases. The SHFE copper was closed for the three-day Dragon Boat Festival holiday, while the LME copper fell on June 7th following this news.
Hong Kong stock concept tracking: Three major banks are bullish on the copper price's future trend and the value of copper sector configuration is prominent.
Last Friday, analysts such as Jason Fairclough from Bank of America Merrill Lynch released an industry report, stating that the price of copper is expected to rise to $12,000 per ton by 2026, which is more than 20% higher than the current level.
Jiangxi Copper Appoints CFO, Chairman, Deputy Chairman
Jiangxi Copper (HKG:0358, SHA:600362) appointed Yu Minxin as chief financial officer to succeed Zhou Shaobing, effective June 7, according to a filing with the Hong Kong bourse on the same day. In add
Express News | Jiangxi Copper - Resolved to Appoint Yu Minxin as CFO
Express News | Jiangxi Copper - Resolved to Elect Zheng Gaoqing as Chairman of Tenth Session
Express News | Jiangxi Copper Says Board Elects Zheng Gaoqing as Chairman
Jiangxi Copper Scraps Subsidiary's Spin-Off Plan
Jiangxi Copper (HKG:0358, SHA:600362) withdrew its application to separately list subsidiary Jiangxi Jiangtong Copper Foil Technology on the Shenzhen Stock Exchange, the company said in its filing on
Jiangxi Copper will distribute a year-end dividend of 0.6 yuan per share on July 18, 2023.
Jiangxi Copper (00358) announced that it will distribute a dividend of RMB 0.6 per share for the end of 2023 on July 18, 2024.
JIANGXI COPPER To Go Ex-Dividend On June 13th, 2024 With 0.6593 HKD Dividend Per Share
June 6th - $JIANGXI COPPER(00358.HK)$ is trading ex-dividend on June 13th, 2024. Shareholders of record on June 14th, 2024 will receive 0.6593 HKD dividend per share on July 18th, 2024. The ex-div
Jiangxi Copper (00358) will distribute a year-end dividend of 0.6 yuan per share on July 18, 2023.
Jiangxi Copper (00358) announced that it will distribute dividends for the year-end of 2023 on July 18, 2024...
JIANGXI COPPER: ANNOUNCEMENT OF RESULTS OF ANNUAL GENERAL MEETING AND DIVIDEND PAYMENT
Jiangxi Copper to Terminate Subsidiary's Spin-Off, Listing Application on SZSE
Jiangxi Copper (HKG:0358) approved the termination of Spin-Off of and the withdrawal of the listing application of, JCC Copper Foil Technology on the ChiNext of Shenzhen Stock Exchange, a Tuesday fili
Hong Kong Stock Market Trends: Non-ferrous metal stocks collectively decline, Aluminum Corporation of China (02600) falls more than 6%, and macroeconomic sentiment cools down to suppress non-ferrous metals.
According to the Wisdom Finance APP, non-ferrous metal stocks are collectively down. As of press time, Aluminum Corporation of China (02600) fell by 6.49% to HKD 5.62; Jiangxi Copper (00358) fell by 3.49% to HKD 16.02; CMOC Group Limited (03993) fell by 3.05% to HKD 7; Lingbao Gold (03330) fell by 2.25% to HKD 3.04; Ganfeng Lithium (01772) fell by 0.23% to HKD 21.65. In terms of news, the US May ISM manufacturing PMI declined for the second consecutive month, indicating a weakened overseas economy and weak macro sentiment in the non-ferrous sector.
Jiangxi Copper intends to terminate the spin-off of Jiang Copper Copper Foil to be listed on the Shenzhen Stock Exchange Growth.
Jiangxi Copper Corporation Limited (00358) announced that the Ninth Board of Directors and the Sixteenth Supervisory Committee meeting of the Ninth Session of the Company were held on June 4, 2024. The proposal to terminate the spin-off of the controlling subsidiary, Jiangxi Province Jiang Copper Foil Technology Co., Ltd., to the Growth Enterprise Market of the Shenzhen Stock Exchange, was approved. In accordance with the authorization of the first extraordinary general meeting of shareholders in 2022, the Board of Directors agreed to terminate the spin-off of Jiang Copper Foil to the Growth Enterprise Market of the Shenzhen Stock Exchange and withdraw the relevant listing application documents. Since the company has been planning for the spin-off, it has been actively promoting matters related to the listing and organizing intermediary institutions to conduct due diligence.
Express News | Jiangxi Copper - Agreed on Proposed Termination of Spin-off and Listing of Jcc Copper Foil on Chinext of Szse
Express News | Jiangxi Copper Says It Scraps Unit Spinoff Plan Due to Factors Such as Market Environment
Changes in Hong Kong stocks | Copper stocks fall ahead, copper prices fall back to adjust, Indonesia delays implementation of copper export ban
Copper stocks had the highest decline. As of press release, China Gold International (02099) fell 5.29% to HK$51.05; China Nonferrous Mining (01258) fell 4.27% to HK$7.17; and Wanguo Mining (03939) fell 3.04% to HK$7.65.
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