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The latest update is out from Jiangxi Copper Company ( (HK:0358) ).
Jiangxi Copper’s subsidiary Heding Copper has entered into a new mutual guarantees agreement with substantial shareholder Fuye Group and its affiliated counter guarantors, replacing an earlier arrangement while maintaining a maximum aggregate annual and daily guarantee balance of RMB 2.9 billion for each party’s bank loans from 1 January 2026. The board and independent non-executive directors state that the guarantees, treated as continuing connected transactions under Hong Kong listing rules, are on normal commercial terms and in the ordinary course of business, aimed at lowering Heding Copper’s financing costs and supporting its operational needs, and will be subject to annual review and disclosure but exempt from circular, independent advice and independent shareholders’ approval requirements.
The most recent analyst rating on (HK:0358) stock is a Hold with a HK$45.00 price target. To see the full list of analyst forecasts on Jiangxi Copper Company stock, see the HK:0358 Stock Forecast page.
More about Jiangxi Copper Company
Jiangxi Copper Company, through its subsidiary Heding Copper, operates in the non-ferrous metals sector with a focus on copper production and related operations. Its business relies heavily on access to institutional financing to support ongoing production and operational needs, making credit arrangements and guarantee structures a significant part of its capital and risk management framework.
YTD Price Performance: 11.29%
Average Trading Volume: 21,919,337
Technical Sentiment Signal: Buy
Current Market Cap: HK$214.4B
For an in-depth examination of 0358 stock, go to TipRanks’ Overview page.