On August 27, CMOC fell 3.1% in regular trading, trading at approximately 17.5 HKD/share, with turnover of HKD 3.36 billion. The decline comes after the stock surged over 5% in the prior session, driven by LME copper prices approaching historic highs.

The pullback reflects broad sector profit-taking as the diversified metals and mining space retreated. Zijin Mining fell 1.16%, MMG declined 0.85%, and Lygend Resources dropped 2.22%. LME copper had closed at USD 14,324.5/ton on August 26, a record closing high, with spot premiums exceeding USD 500/ton over three-month futures amid supply tightness.

On fundamentals, CMOC recently reported H1 revenue of RMB 135.32 billion (+42.78% YoY) and attributable net profit of RMB 16.152 billion (+86.27% YoY), with copper output of 387,961 tons ranking among the global top ten. However, the DRC issued a copper-cobalt concentrate export ban in early August; the company stated it will export strictly under its annual cobalt quota of 31,200 tons.

(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.)