Movement Alert｜CMOC Falls 3.46% in Regular Trading, Diversified Metals and Mining Weakness Offsets Strong Quarterly Results

Market Focus10-26

On October 26, CMOC fell 3.46% in regular trading, trading at HK$12.52, with turnover of HK$43.661 million.

The latest move was primarily linked to broad weakness across the diversified metals and mining space rather than a fresh company-specific negative development. Recent disclosures showed CMOC reported first-nine-month revenue of CNY207.29 billion, up 42.48% year on year, and attributable net profit of CNY24.02 billion, up 68.21%.

Third-quarter revenue reached CNY71.97 billion, up 41.92%, while third-quarter attributable net profit was CNY7.87 billion, up 40.28%. However, sector sentiment remained soft, with peers also under pressure, including Zijin Mining falling 4.96%, Wanguo Gold GP falling 5.21%, and MMG falling 3.26%, which weighed on CMOC shares despite the strong earnings release.

(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.)

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