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.