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SHA:600362

6 stories mentioning SHA:600362Updated 9d ago

Every FINWIRES story that references SHA:600362, newest first.

Treasury

Jiangxi Copper Raises 2.5 Billion Yuan in Two-Tranche Bond Offering

Jiangxi Copper (SHA:600362, HKG:0358) raised 2.5 billion yuan via the issue of two tranches of medium-term bonds, according to a Thursday filing with the Shanghai bourse.The copper miner issued 900 million yuan of 10-year bonds with a 2.20% coupon and 1.6 billion yuan of 15-year bonds with a 2.40% coupon.China Merchants Bank served as lead underwriter, with China Merchants Securities and Industrial Bank as joint lead underwriters.

HKG:0358SHA:600362
Asia

Hong Kong Stocks Retreat in Global Tech Sell-Off; Jiangxi Copper Slips

Hong Kong stocks closed sharply lower Friday as a global sell-off in technology shares gathered pace.The Hang Seng Index fell 1.8%, or 446.36 points, to close at 24,562.24, while the Hang Seng China Enterprises Index lost 2.2%, or 181.41 points, to finish at 8,136.73.Technology stocks led the decline as investors unwound positions in AI-related names, with a broad semiconductor sell-off sweeping across Asian markets despite strong earnings from industry leaders earlier this week.Meanwhile, oil prices remained elevated after Iran launched fresh attacks on U.S. facilities in the Gulf following another round of U.S. strikes on Iranian military sites.Investors also kept an eye on renewed trade tensions after the United States imposed a 25% tariff on some imports from Brazil.In corporate news, Jiangxi Copper (HKG:0358, SHA:600362) closed over 5% lower after its board approved the proposed spin-off and Hong Kong listing of its controlled subsidiary, Jiangxi JCC Copper Foil Technology.

Hang SengHKG:0358SHA:600362
Asia

Jiangxi Copper Wins Board Approval for Copper Foil Unit Spin-Off, Hong Kong Listing

Jiangxi Copper's (HKG:0358, SHA:600362) board approved the proposed spin-off and Hong Kong listing of its controlled subsidiary, Jiangxi JCC Copper Foil Technology, according to an exchange filing Thursday.JCC Copper Foil plans to issue shares on the Hong Kong Stock Exchange through a Hong Kong public offering and an international placement.The initial offering size will not exceed 15% of its enlarged share capital before any over-allotment option.The company said the spin-off is intended to strengthen JCC Copper Foil's financing capabilities and support the expansion of its high-performance electrolytic copper foil business.

HKG:0358SHA:600362
Asia

Jiangxi Copper Forecasts Up to 104% Rise in H1 Profit

Jiangxi Copper (HKG:0358, SHA:600362) expects 7.55 billion yuan to 8.50 billion yuan in attributable profit for the first half of 2026, up 81% to 104% from 4.17 billion yuan a year earlier, according to a Wednesday filing with the Hong Kong bourse.The firm attributed the higher expected profit to a drop in costs and an increase in market prices of its core products.

HKG:0358SHA:600362
Asia

Jiangxi Copper Logs 44% Rise in Q1 2026 Profit

Jiangxi Copper (HKG:0358, SHA:600362) recorded 2.82 billion yuan in attributable profit for the first quarter of 2026, up 44% from 1.95 billion yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The copper miner's Hong Kong shares gained nearly 1% in morning trade Wednesday.Basic earnings per share were 0.82 yuan, compared with 0.57 yuan in the prior year period.Revenue jumped 25% year on year to 139.12 billion yuan, figures showed.

HKG:0358SHA:600362
Asia

Jiangxi Copper Parent Completes 5-Billion-Yuan Exchangeable Bond Issue

Jiangxi Copper (SHA:600362) controlling shareholder Jiangxi Copper Group completed the issue of 5 billion yuan in exchangeable bonds.The bonds carry a five-year term with a 0.01% coupon and an initial exchange price of 53.00 yuan per share, according to a filing with the Shanghai bourse.Shares of the copper miner closed 1% higher Monday.

SHA:600362

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