CMOC Shares Experience Upward Movement Following China’s Export Controls
CMOC shares have experienced a notable increase in value following China’s imposition of export controls on tungsten, tellurium, bismuth, molybdenum, and indium-related items.
Key Developments
- China imposed export controls on tungsten, tellurium, bismuth, molybdenum, and indium-related items to safeguard national security and interests.
- The move led to a significant increase in CMOC’s stock price.
- CMOC shares surged, with the stock price peaking at a higher level before stabilizing.
Market Impact
- The export controls have had a positive impact on CMOC’s shares, resulting in:
- A notable increase in trading volume
- An increase in trading value
- The exact magnitude of the increase in trading volume and value is not specified in the available information.