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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) just unveiled an update.
Metallurgical Corporation of China Ltd. announced a decrease in the total value of newly signed contracts for the first half of 2025, amounting to RMB548.19 billion, which is 19.1% lower than the previous year. However, the company saw a 32.5% increase in overseas contracts, totaling RMB57.69 billion, indicating a strategic shift towards international markets. This development could impact the company’s operations and market positioning, potentially affecting stakeholders interested in its global expansion.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. operates in the engineering and construction industry, focusing on projects such as mining, infrastructure, and telecommunications. The company is involved in both domestic and international markets, with a significant portion of its business coming from overseas contracts.
YTD Price Performance: 4.27%
Average Trading Volume: 8,019,635
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$64.91B
See more insights into 1618 stock on TipRanks’ Stock Analysis page.