Jiangxi Copper Company (HK:0358) has released an update.
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Jiangxi Copper Company has announced that its controlling shareholder, Jiangxi Copper Corporation Limited (JCC), has increased its shareholding in the company’s H shares by a modest 0.02%, reflecting confidence in the company’s future prospects. JCC plans to further boost its holdings by up to 2% of the total issued share capital within six months. This move is aimed at conveying a positive message to the market and bolstering investor confidence.
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