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The latest update is out from Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ).
Metallurgical Corporation of China Ltd. announced a decrease in the value of newly-signed contracts for the first half of 2025, totaling RMB548.20 billion, a 19.1% drop from the previous year. Despite this decline, the company reported no stalled major projects, indicating stable operations, although the reduction in contract value may impact its market positioning and stakeholder confidence.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. operates in the engineering and construction industry, focusing on metallurgical works, housing construction, municipal infrastructure, and industrial manufacturing. The company is a significant player in these sectors, providing a range of services and solutions.
YTD Price Performance: 13.49%
Average Trading Volume: 12,202,755
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$65.97B
For an in-depth examination of 1618 stock, go to TipRanks’ Overview page.