Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has shared an update.
Metallurgical Corporation of China Ltd. announced a total of RMB679.57 billion in newly signed contracts from January to August 2025, marking an 18.2% decrease compared to the previous year. Despite the overall decline, the company saw an 8.9% increase in overseas contracts, totaling RMB64.22 billion. This shift highlights a strategic focus on expanding international operations, which could potentially strengthen the company’s global market position and offer new opportunities for stakeholders.
The most recent analyst rating on (HK:1618) stock is a Buy 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 prominent player in the engineering and construction industry, focusing on major infrastructure projects and metallurgical engineering. The company is involved in both domestic and international markets, with a significant emphasis on large-scale construction contracts.
Average Trading Volume: 35,593,074
Technical Sentiment Signal: Buy
Current Market Cap: HK$73.33B
For an in-depth examination of 1618 stock, go to TipRanks’ Overview page.