BUZZ-China's CMOC rises most in 10 weeks after strong 2024 metals output

Reuters
01-07
BUZZ-China's CMOC rises most in 10 weeks after strong 2024 metals output

** Hong Kong shares of China's basic metals and rare metals miner and processor CMOC Group Ltd 3993.HK rise 4.8% to HK$5.73, on course for the biggest one-day pct gain since Nov 1

** Stock hits the highest since Dec 13 in the fifth consecutive session of gains; third biggest pct gainer in material index .HSCIM, which rises 0.5%

** Shanghai-listed stock 603993.SS rises 2.9%

** CMOC Group said its 2024 copper output jumped 55% Y/Y while cobalt output soared 106% Y/Y

** Hang Seng Commerce & Industry Index .HSNC falls 2.6% and Hang Seng Index .HSI is down 1.9%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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