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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  China Nonferrous Mining Corporation Limited    1258   HK0000112026

CHINA NONFERROUS MINING CORPORATION LIMITED

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Hong Kong shares end higher as metal firms gain on stronger demand

04/08/2021 | 05:14am EDT

* HSI +1.2%, HSCE +0.4%

* Tencent falls on Prosus' share sales

* Jiangxi Copper, China Nonferrous Mining gain more than 5%

SHANGHAI, April 8 (Reuters) - Hong Kong shares ended higher on Thursday after metal firms were lifted by expectations of strong demand for raw materials, as the country ramps up vaccination efforts.

** At the close of trade, the Hang Seng index was up 1.16% at 29,008.07 points. The Hang Seng China Enterprises index gained 0.35% at 11,109.48.

** Leading the gains, metal producers such as Jiangxi Copper Co Ltd and China Nonferrous Mining Co Ltd rose 5.4% and 5.2%, respectively.

** As the economy recovers, sales of automobiles in China in March was expected to increase 66.8% from a year ago, according to China Association of Automobile Manufacture, boosting demand for metals.

** The Hang Seng tech index gained 0.07%, while heavyweight Tencent Holdings Ltd fell 1.5% after news that Prosus NV has sold 2% of shares in the company.

** China's main Shanghai Composite index closed up 0.08%, while the blue-chip CSI300 index ended up 0.17%. ** China reported 24 new COVID-19 cases on April 7, with 11 of the new cases were local infections reported in the southwestern Yunnan province. ** The country had administered a total of 149.07 million COVID-19 vaccine doses, as of Wednesday.

** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.51%, while Japan's Nikkei index closed down 0.07%. ** At 0701 GMT, the yuan was quoted at 6.5484 per U.S. dollar, 0.07% weaker than the previous close of 6.5435.

(Reporting by the Shanghai Newsroom; Editing by Amy Caren Daniel)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / CHINESE YUAN RENMINBI (AUD/CNY) -0.16% 5.046332 Delayed Quote.0.45%
BRITISH POUND / CHINESE YUAN RENMINBI (GBP/CNY) -0.19% 8.971142 Delayed Quote.0.80%
CANADIAN DOLLAR / CHINESE YUAN RENMINBI (CAD/CNY) 0.24% 5.2117 Delayed Quote.1.76%
CHINA NONFERROUS MINING CORPORATION LIMITED 4.73% 2.88 End-of-day quote.30.91%
EURO / CHINESE YUAN RENMINBI (EUR/CNY) 0.02% 7.8093 Delayed Quote.-1.85%
HANG SENG 0.87% 29007.87 Real-time Quote.5.61%
INDIAN RUPEE / CHINESE YUAN RENMINBI (INR/CNY) 0.49% 0.087608 Delayed Quote.-2.62%
JIANGXI COPPER COMPANY LIMITED 7.01% 17.4 End-of-day quote.42.86%
NIKKEI 225 0.14% 29683.37 Real-time Quote.8.01%
PROSUS N.V. 1.06% 97.03 Real-time Quote.8.71%
S&P/CITIC 300 INDEX -0.01% 4399.62 Delayed Quote.-4.49%
S&P/CITIC 50 INDEX 0.00% 4426.08 Delayed Quote.-5.51%
TENCENT HOLDINGS LIMITED -0.56% 620 End-of-day quote.9.93%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.00% 6.52531 Delayed Quote.0.46%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) 0.01% 6.5227 Delayed Quote.0.06%
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Financials (USD)
Sales 2020
Net income 2020
Net Debt 2020
P/E ratio 2020
Yield 2020
Capitalization 1 294 M 1 294 M -
EV / Sales 2020
Capi. / Sales 2021 0,40x
Nbr of Employees 8 352
Free-Float 25,5%
Chart CHINA NONFERROUS MINING CORPORATION LIMITED
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China Nonferrous Mining Corporation Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA NONFERROUS MINING CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 0,42 $
Last Close Price 0,37 $
Spread / Highest target 14,1%
Spread / Average Target 14,1%
Spread / Lowest Target 14,1%
Managers and Directors
NameTitle
Jin Jun Zhang Chairman & President
Xing hua Liu Chief Financial Officer
Da Yong Yang Joint Secretary, Chief Compliance Officer & VP
Chuan Yao Sun Independent Non-Executive Director
Jing Wei Liu Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
CHINA NONFERROUS MINING CORPORATION LIMITED30.91%1 294
ANTOFAGASTA PLC29.33%25 318
FIRST QUANTUM MINERALS LTD.18.99%14 909
VEDANTA LIMITED35.35%11 156
JIANGXI COPPER COMPANY LIMITED42.86%11 150
KGHM POLSKA MIEDZ S.A.9.95%10 572