|
|
|
|
|
16.06.26 - 05:48
|
Chinese metal producer MMG to raise US$1.6 billion selling stocks and bonds (SCMP)
|
|
|
MMG, the offshore metal-producing unit of state-backed China Minmetals Corp, plans to raise a combined US$1.6 billion selling placement shares and convertible bonds to fund business expansion amid rising demand for metals driven by artificial intelligence (AI) infrastructure buildout.
The company, which produces metals including copper, zinc and gold, planned to rake in HK$6.27 billion (US$800.4 million) from a placement of 705.9 million shares through the Hong Kong stock exchange. It also......
|
|
|
|
|
11.06.26 - 06:45
|
MMG +2.6% at Midday; JPM Initiates at Overweight with TP HKD13 (AAStocks)
|
|
|
MMG (01208.HK) closed at HKD8.32 at midday, up 2.59%, with turnover of 22.4488 million shares, involving HKD185 million.JPM released a research report initiating coverage on MMG with an Overweight rating and a target price of HKD13 through December 2027. The broker noted that MMG is a highly pure copper play, with nearly 90% of ......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22.04.26 - 04:15
|
MMG Jumps Over 4% in Early Trade as 1Q26 Copper Output Rises 9% YoY (AAStocks)
|
|
|
MMG (01208.HK) opened 2.01% higher today and once rebounded 6.4% to a peak of HKD8.99. It is now trading at HKD8.87, up 4.97%, with 28.7652 million shares traded, involving HKD255 million.The group announced yesterday (21st) that in 1Q26, total copper production (including cathode copper and copper in concentrate) amounted to ap......
|
|
|
21.04.26 - 11:15
|
MMG 1Q Total Copper/ Gold Output Up 9%/ 24% YoY (AAStocks)
|
|
|
MMG (01208.HK) announced that total copper production (copper cathode plus copper in copper concentrate) was 128,700 tonnes in the first quarter of 2026, 9% higher than the same period in 2025. Total zinc production was 50,300 tonnes in the first quarter of 2026, 3% below the prior year. MMG produced 32,200 ounces of gold and 2.......
|
|
|
|
|
09.03.26 - 08:15
|
Research: Citi Keeps Buy on MMG But Slashes TP to HKD11.2 (AAStocks)
|
|
|
After factoring in MMG (01208.HK)'s FY25 results and the latest management guidance, Citi has adjusted its earnings forecasts for the company.Specifically, Citi has cut its 2026 earnings forecast for MMG by 0.9% to USD1.706 billion, raised the 2027 earnings forecast by 2.3% to USD1.58 billion, and introduced a 2028 earnings ......
|
|
|
05.03.26 - 03:00
|
H Shrs: HSI Opens Up 334 Pts; Commodities Stabilize; GEELY AUTO, NIO-SW Rally (AAStocks)
|
|
|
The HSI opened 334 points or 1.3% higher at 25,583. The HSCEI climbed 93 points or 1.1% to 8,577. The HSTECH jumped 77 points or 1.6% to 4,907.Commodity stocks stabilized, with SD GOLD (01787.HK) and ZHAOJIN MINING (01818.HK) opening up 1.8% and 1%. ZIJIN MINING (02899.HK) leaped 2.4%. MMG (01208.HK) and JIANGXI COPPER (00358.HK......
|
|
|
|
|
04.03.26 - 03:00
|
MMG Opens 4% Lower as 2025 NP Surges 2.1x w/ Record Rev. (AAStocks)
|
|
|
MMG (01208.HK) opened 4% lower at $9.6 this morning (4th). Pre-market trading volume reached 680,000 shares, involving $6.528 million.The Company announced its annual results ended December 2025 after the market closed yesterday 3rd). The revenue rose 38.8% YoY to US$6.218 billion, hitting record high. The net profit amounted to......
|
|
|
03.03.26 - 13:06
|
MMG Issues 2026 Outlook (AFX)
|
|
|
CANBERA (dpa-AFX) - MMG Limited (OMS1.F, 1208.HK) said, for 2026, the company expects: total capital expenditure to be between $1.6 billion and $1.7 billion, including $800-850 million for Las Bam......
|
|
|
03.03.26 - 12:49
|
MMG Limited Bottom Line Climbs In Full Year (AFX)
|
|
|
CANBERA (dpa-AFX) - MMG Limited (OMS1.F) announced a profit for its full year that Increased, from the same period last yearThe company's earnings totaled $509.4 million, or $0.0419 per share. Thi......
|
|