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Hong Kong stocks moved | Steel stocks fell generally in early trading. The USA's imposition of tariffs has limited impact on the Industry. The market is concerned about the implementation of domestic production restrictions.
Steel stocks are generally declining in the morning session. As of the time of this report, Zhaogang Group-W (06676) is down 9.82%, at HKD 5.14; Angang Steel (00347) is down 3.98%, at HKD 1.69; MAANSHAN IRON (00323) is down 2.7%, at HKD 1.8; CHONGQING IRON (01053) is down 1.14%, at HKD 0.87.
Hong Kong stock movement | Steel Group-W (06676) fell more than 17% in the afternoon. The company went public through a De-SPAC method, and within less than a month since its listing, the stock price has already halved.
Steel Group-W (06676) fell more than 17% in the afternoon, hitting a low of 5.3 Hong Kong dollars during the session, which is a halving from the intra-day high of 11.98 Hong Kong dollars on March 10. As of the time of writing, it has fallen 16.25%, priced at 5.36 Hong Kong dollars, with a transaction value of 2.7073 million Hong Kong dollars.
Zhaogang Group-W (06676) released its annual performance, with a Shareholder net loss of 69.002 million yuan, a year-on-year decrease of 85.26%.
The Steel Group-W (06676) announced its annual performance results for the year ending December 31, 2024, during which the group achieved...
ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2024
DATE OF BOARD MEETING
Hong Kong Stock IPO Weekly Report: Photovoltaic manufacturer Zhongrun Guoneng has submitted an application, and Chifeng Jilong Gold Mining's performance in its first week of listing has been flat.
①What are the highlights of Zhongrun Photovoltaic Energy's filing? ②Chifeng Jilong Gold Mining's performance was lackluster in the first week after listing. What risks is the market concerned about?