CMOC Group Ltd Reports Increase in Stock Price

CMOC Group Ltd, a mineral mining and exploration company, has experienced a moderate increase in its stock price. The company’s share value has surged in recent times.

Key Drivers of the Increase

The rare metal ETF, which includes CMOC as a constituent, has seen a significant increase in its net inflows. The ETF has reached a record high of 20 billion shares. This is attributed to the company’s focus on non-ferrous metal mining and its specialization in mining and trading of base and rare metals.

Policy Changes in China Contribute to Metal Sector’s Performance

Recent policy changes in China, including the “反内卷” policy, have contributed to the metal sector’s overall performance. CMOC has benefited from the trend, with its stock price reflecting the positive impact on the sector.

Key Statistics

• CMOC Group Ltd’s stock price has experienced a moderate increase
• The rare metal ETF has seen a record high of 20 billion shares
• The ETF’s net inflows have increased significantly