China's CMOC Group rises on plan to buy 4 gold mines in Brazil
CMOC Group's shares in Hong Kong and Shanghai rise significantly as the company plans to acquire four gold mines in Brazil for $1.015 billion from Equinox Gold Corp. The deal, subject to regulatory approvals, marks a major investment move for CMOC, boosting its stock performance with Hong Kong shares up 253.3% YTD and Shanghai shares up 171.3%.
