BUZZ-China's CMOC rises most in 10 weeks after strong 2024 metals output** Hong Kong shares of China's basic metals and rare metals miner and processor CMOC Group Ltd 3993.HK rise 4.8% to HK$5.73, on course for the biggest one-day pct gain since Nov 1
** Stock hits the highest since Dec 13 in the fifth consecutive session of gains; third biggest pct gainer in material index .HSCIM, which rises 0.5%
** Shanghai-listed stock 603993.SS rises 2.9%
** CMOC Group said its 2024 copper output jumped 55% Y/Y while cobalt output soared 106% Y/Y
** Hang Seng Commerce & Industry Index .HSNC falls 2.6% and Hang Seng Index .HSI is down 1.9%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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.
Comments