On September 1, CHINFMINING rose 3.08% in regular trading, trading at 17.06 HKD/share, with turnover of approximately 46.93 million HKD, rebounding after a 3.09% decline in the prior session.

The rebound is primarily supported by the company's robust interim results and a technical recovery following the recent copper sector pullback. The company reported H1 attributable profit of USD 434 million, up 64.68% year-over-year, with revenue reaching USD 2.261 billion, a 29.09% increase. Gross margin expanded significantly from 32.6% to 42.4%, while operating cash flow surged 98.3% to USD 1.043 billion. Meanwhile, the market has largely digested the earlier announcement of a USD 300 million zero-coupon convertible bond issuance due 2031, which carries an initial conversion price of HKD 22.18 per share — a 29% premium to the reference closing price — with proceeds earmarked for a Zambia copper mine development project.

Within the Copper sector, JIANGXI COPPER rose 1.55%, JINXUN RESOURCE gained 1.10%, while CDAYENONFER fell 2.87%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)