On September 17, CMOC (03993.HK) fell 3.06% in regular trading, trading at HKD 15.14 per share, with turnover of approximately HKD 49.86 million. The decline came amid broad weakness across the diversified metals and mining sector.

On the news front, copper prices have pulled back sharply from recent highs as the market awaits the September FOMC meeting outcome. LME copper fell approximately 0.91% over the prior week, while COMEX copper dropped 1.66%, following stronger-than-expected U.S. August PPI data that pushed the probability of a 25bp Fed rate hike to 87.3%. Meanwhile, uncertainty over the U.S. refined copper tariff plan added further pressure, as a previously anticipated 15% tariff on refined copper imports stalled, undermining a key bullish catalyst for copper prices. Domestically, social copper inventories continued to decline, but macro headwinds outweighed supply tightness in the near term.

Within the Diversified Metals and Mining sector, the overall sector traded lower. Among individual stocks, ZIJIN MINING down 2.73%, WANGUO GOLD GP down 5.70%, JIAXIN INTL RES down 4.89%, MMG down 3.36%, LYGEND RESOURCE down 3.09%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)