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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has provided an announcement.
Metallurgical Corporation of China Ltd. announced that its first extraordinary general meeting of 2026 was duly convened in Beijing, with shareholders and proxies representing approximately 58% of the company’s total voting shares in attendance, meeting all legal and constitutional requirements. All resolutions proposed at the meeting, including a special resolution approving an A-share repurchase plan and its stated purpose, were passed by poll with more than two-thirds of votes in favour, indicating strong shareholder support for the repurchase initiative and providing the company with a tool to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. is a large engineering and construction group focused on metallurgical engineering, resource development, infrastructure construction and related services, with its shares split between A shares listed in mainland China and H shares listed in Hong Kong.
Average Trading Volume: 46,617,645
Technical Sentiment Signal: Hold
Current Market Cap: HK$66.37B
For detailed information about 1618 stock, go to TipRanks’ Stock Analysis page.