Movement Alert|CMOC Group Falls 3.23% in Regular Trading, Molybdenum Prices Continue to Weaken Amid Post-Rally Profit-Taking

Market Focus06-26

On June 26, CMOC Group (03993.HK) fell 3.23% in regular trading, trading at HKD 15.0/share, with turnover of HKD 302 million.

On the news front, the domestic molybdenum market continues to run weak, with ferro-molybdenum prices previously declining by RMB 3,000/ton in a single day. Steel enterprises are actively suppressing procurement prices while traders show minimal willingness to enter the market, putting broad pressure on the molybdenum sector. The company's A-share previously triggered an abnormal trading alert after its cumulative price deviation exceeded 20% over three consecutive trading days, and profit-taking pressure from the preceding sharp rally continues to be released.

The broader Diversified Metals and Mining sector extended its weakness, with Jiaxin International Resources down 11.27%, Ximei Resources down 7.03%, MMG down 5.71%, Wanguo Gold Group down 3.19%, and Lygend Resources down 2.85%, reflecting broad sector resonance that further weighed on the stock's performance.

(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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