HK Movers | Nonferrous Metals Stocks Decline as Jiangxi Copper and MMG Sink Over 8%

Tiger Newspress

13 hours ago

On September 11, the nonferrous metals sector on the Hong Kong stock market led the downturn, with shares of Jiangxi Copper Co., Ltd. (HKG: 00358) and MMG Ltd (HKG: 01208) each falling more than 8%.

Following closely, CMOC Group Limited (HKG: 03993) and China Nonferrous Mining Corporation Limited (HKG: 01258) both dropped over 7%, while Zijin Mining Group Company Limited (HKG: 02899) declined more than 6%.

Additionally, Aluminum Corporation of China Limited (Chalco) (HKG: 02600) and Ganfeng Lithium Group Co., Ltd. (HKG: 01772) each shed over 5% during the trading session.

The broad-based selloff across the sector underscores a risk-off sentiment among investors, with most major metal producers trading in negative territory.

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(HKG: 00358) and MMG Ltd (HKG: 01208) each falling more than 8%.Following closely, CMOC Group Limited (HKG: 03993) and China Nonferrous Mining Corporation Limited (HKG: 01258) both dropped over 7%, while Zijin Mining Group Company Limited (HKG: 02899) declined more than 6%.Additionally, Aluminum Corporation of China Limited (Chalco) (HKG: 02600) and Ganfeng Lithium Group Co., Ltd. (HKG: 01772) each shed over 5% during the trading session.The broad-based selloff across the sector underscores a risk-off sentiment among investors, with most major metal producers trading in negative territory.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-2","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}