BUZZ-HK Shares of China's Zijin Mining drop on US import ban list inclusion

Reuters
01-15
BUZZ-HK Shares of China's Zijin Mining drop on US import ban list inclusion

** HK shares of Zijin Mining 2899.HK drop 8.3% to HK$14.10; set for biggest one-day pct decline since May 12, 2024

** Stock hits lowest since Jan. 2; on course to snap four consecutive sessions of gains

** Shanghai stock 601899.SS falls 3.2%

** U.S. bans imports from another tranche of Chinese companies over alleged human-rights abuses involving the Uyghurs, targeting 37 textile, mining and solar companies

** Zijin Mining and three of its units, which source and extract zinc, copper and other metals from the region, on Uyghur Forced Labor Prevention Act Entity List

** Zijin Mining top pct loser on Hang Seng Index .HSI, Hang Seng Commerce & Industry Index .HSNC and Hang Seng China Enterprises Index .HSCE

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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