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China Molybdenum Co Ltd (3993.HK)

3993.HK on Hong Kong Stock

2.37HKD
27 May 2019
Change (% chg)

HK$0.03 (+1.28%)
Prev Close
HK$2.34
Open
HK$2.36
Day's High
HK$2.41
Day's Low
HK$2.32
Volume
14,238,000
Avg. Vol
43,133,572
52-wk High
HK$5.23
52-wk Low
HK$2.32

Latest Key Developments (Source: Significant Developments)

China Molybdenum Announces CSRC Approval For Public Issuance Of Corporate Bonds In 2019
Monday, 6 May 2019 

May 6 (Reuters) - China Molybdenum Co Ltd <603993.SS>::CHINA MOLYBDENUM CO LTD ANNOUNCES CSRC APPROVAL FOR APPLICATION OF PUBLIC ISSUANCE OF CORPORATE BONDS IN 2019.CO IS APPROVED TO ISSUE CORPORATE BONDS TO QUALIFIED INVESTORS WITH A TOTAL NOMINAL AMOUNT NOT EXCEEDING RMB8 BILLION.  Full Article

Singapore's GIC Increases Stake In China Molybdenum - HKEx Filing
Thursday, 2 May 2019 

May 2 (Reuters) - China Molybdenum Co Ltd 3993.HK<603993.SS>:SINGAPORE'S GIC BUYS 4.98 MLN H-SHARES IN CHINA MOLYBDENUM 3993.HK AT AN AVERAGE PRICE OF HK$2.9337 ($0.3740) EACH ON APRIL 30 - HKEX FILING.SINGAPORE'S GIC OWNS 6.07 PERCENT STAKE IN CHINA MOLYBDENUM AFTER THE TRANSACTION FROM 5.94 PERCENT PREVIOUSLY - HKEX FILING.  Full Article

China Molybdenum Says Qtrly Net Profit Attributable Rmb321.8 Million
Monday, 29 Apr 2019 

April 29 (Reuters) - China Molybdenum Co Ltd <603993.SS>::QTRLY NET PROFIT ATTRIBUTABLE RMB321.8 MILLION VERSUS RMB 1.55 BILLION.QTRLY OPERATING REVENUE RMB4.48 BILLION VERSUS RMB7.43 BILLION.  Full Article

China Molybdenum Gets Approvals To Issue 10 Bln Yuan Medium-Term Notes, Commercial Paper
Friday, 12 Apr 2019 

April 12 (Reuters) - China Molybdenum Co Ltd <603993.SS>3993.HK::SAYS IT GETS APPROVALS TO ISSUE 4.0 BILLION YUAN ($596.34 million) MEDIUM-TERM NOTES, 6.0 BILLION YUAN COMMERCIAL PAPER.  Full Article

China Molybdenum Posts FY Net Profit Of RMB5.2 Billion, Up By 43 Pct
Thursday, 28 Mar 2019 

March 29 (Reuters) - China Molybdenum Co Ltd <603993.SS>::FY OPERATING REVENUE AMOUNTED TO RMB26 BILLION, UP 7.52%.FY NET PROFIT RMB5.2 BILLION, UP 43%.DEMAND FOR COPPER IS EXPECTED TO RISE MODESTLY DURING 2019.RECOMMENDED A FINAL CASH DIVIDEND OF RMB0.11 PER SHARE FOR YEAR ENDED 31 DEC 2018.EXPECTED COBALT PRICES MAY DECLINE IN H1 OF 2019 AS SUPPLIES OF METAL & UPSTREAM COBALT PRODUCTS CONTINUE TO OUTWEIGH DEMAND.GLOBAL PHOSPHATES DEMAND IS EXPECTED TO REMAIN ROBUST IN 2019.2019 BUDGETED PRODUCTION VOLUME OF COPPER METAL IS 170,000 TONNES TO 200,000 TONNES.2019 BUDGETED PRODUCTION VOLUME OF COBALT METAL IS 16,500 TONNES TO 19,000 TONNES.2019 BUDGETED PRODUCTION VOLUME OF MOLYBDENUM METAL IS 14,500 TONNES TO 16,000 TONNES.  Full Article

China Molybdenum Gets Nod From Turkish Competition Board For Acquisition Of Target Co Which Holds IXM
Friday, 22 Feb 2019 

Feb 22 (Reuters) - China Molybdenum Co Ltd <603993.SS>::RECEIVED NOTIFICATION FROM TURKISH COMPETITION BOARD THAT PROPOSED ACQUISITION HAS BEEN APPROVED.UPDATES ON SUBSTANTIAL ACQUISITION OF TARGET COMPANY WHICH HOLDS IXM.  Full Article

China Molybdenum Unit's Purchase Of New Silk Road Commodities Gets Approval From S.Korea's Fair Trade Commission
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - China Molybdenum Co Ltd <603993.SS>3993.HK::SAYS UNIT'S PURCHASE OF NEW SILK ROAD COMMODITIES SA HAS OBTAINED APPROVAL FROM SOUTH KOREA'S FAIR TRADE COMMISSION.  Full Article

China Molybdenum Agrees To Buy BHR Newwood DRC In Order To Own Stake In Tenke Fungurume Mining S.A.(Drc) For $1.1 Billion
Friday, 18 Jan 2019 

Jan 18 (Reuters) - China Molybdenum Co Ltd <603993.SS>3993.HK ::SAYS UNIT CMOC LTD AGREES TO BUY BHR NEWWOOD DRC HOLDINGS LTD IN ORDER TO OWN 24 PERCENT STAKE IN TENKE FUNGURUME MINING S.A.(DRC) FOR $1.1 BILLION.  Full Article

China Molybdenum Co QTRLY Net Profit Attributable RMB 1,550 Mln, Up 159.54 Pct
Friday, 27 Apr 2018 

April 27 (Reuters) - China Molybdenum Co Ltd <603993.SS>::QTRLY NET PROFIT ATTRIBUTABLE RMB 1,550 MILLION, UP 159.54 PERCENT.QTRLY OPERATING INCOME RMB 7,432.14 MILLION, UP 28.53 PERCENT.  Full Article

China Molybdenum announces change in accounting policy
Monday, 2 Apr 2018 

April 2(Reuters) - China Molybdenum Co Ltd <603993.SS>:Says it changes accounting policy based on accounting standards for business enterprises.  Full Article

China Moly to increase stake in Congo's Tenke copper mine to 80 pct

HONG KONG, Jan 18 China Molybdenum Co Ltd said on Friday it had agreed to buy a holding company for $1.14 billion in order to increase its control in Democratic Republic of Congo's massive Tenke copper mine.