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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has issued an announcement.
Metallurgical Corporation of China Ltd. announced that the value of its newly signed contracts from January to November 2025 amounted to RMB958.13 billion, marking an 8.6% decrease compared to the previous year. However, the value of newly signed overseas contracts increased slightly by 0.4% to RMB75 billion. Notable projects include urban renewal in Nanyang City and a green energy metallurgical casting project in Xinjiang, indicating a strategic focus on sustainable development and international expansion.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 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. operates in the engineering and construction industry, focusing on major infrastructure projects. The company is involved in urban renewal, quality improvement, and green energy metallurgical casting projects, with a market focus that includes both domestic and overseas contracts.
YTD Price Performance: 17.91%
Average Trading Volume: 59,281,894
Technical Sentiment Signal: Buy
Current Market Cap: HK$63.28B
For detailed information about 1618 stock, go to TipRanks’ Stock Analysis page.