On September 3, CHINFMINING rose 3.54% in regular trading, trading at HK$16.65 per share, with turnover of HK$14.9553 million.

On the news front, the company completed the issuance of $300 million in zero-coupon convertible bonds due 2031 on September 2, with the bonds officially listed and traded on the Hong Kong Stock Exchange on September 3. The bonds carry an initial conversion price of HK$22.18 per share, representing a 29% premium to the pre-announcement closing price. Net proceeds of approximately $300.5 million will be directed toward the construction of the sulfide ore development project at Shaft No. 28 in Luanshya, Zambia, which requires a total investment of approximately $530 million.

Fundamentally, the company reported robust first-half results, with attributable profit of $433.6 million, up 64.68% year over year. Revenue rose 29.09% to $2.261 billion, while gross margin expanded from 32.6% to 42.4%. Operating cash flow surged 98.3% to $1.043 billion. Within the copper sector, CDAYENONFER gained 6.85% and JIANGXI COPPER rose 1.76%.

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