CMB International Securities Sticks to Its Buy Rating for CGN Mining Co (CGNMF)

CMB International Securities' analyst Wayne Fung maintains a Buy rating for CGN Mining Co, setting a price target of HK$3.67. The shares closed at HK$3.00 last Friday. Fung is recognized as a 4-star analyst with a 15.5% average return and a 54.79% success rate. The analyst consensus for CGN Mining Co is Strong Buy, with a price target consensus of $0.48.

Kleit: Ronghe Industry Fund and CGN Huilian No. 2 plan to reduce their holdings by 0.80% and 1.20% respectively

Kleit announced that among shareholders holding more than 5%, China National Nuclear Corporation Industry Fund Management Co., Ltd. - Ronghe Industry Development Fund Partnership and Shenzhen CGN Huilian No. 2 New Energy Equity Investment Partnership plan to reduce their holdings through centralized bidding, with a maximum reduction of 587,200 shares and 880,800 shares, respectively, accounting for no more than 0.80% and 1.20% of the company's total share capital

Hong Kong stock movement: CGN MINING rose by 12.82%, with active capital flow, attracting market attention to the sector trend?

CGN MINING rose 12.82%; China Shenhua rose 2.34%, with a transaction volume of HKD 893 million; Yancoal Australia rose 0.95%, with a transaction volume of HKD 332 million; China Coal Energy rose 2.37%, with a transaction volume of HKD 322 million; Yancoal Australia rose 4.60%, with a market value of HKD 37.8 billion

CGN MINING's large transaction drove up over 10%, while CGN POWER showed weakness after earnings

CGN MINING opened high today at 7.7%, reaching a maximum of 4.02 yuan during the session, and reported 3.95 yuan in the afternoon, up 12.54%, with a trading volume of 134 million shares and a capital involvement of 516 million yuan. CGN Power is currently reported at 3.14 yuan, down 0.95%, with a trading volume of 181 million yuan. The group announced its report for the first three quarters, with operating revenue of 59.723 billion yuan, a decrease of 4.1%; net profit of 8.576 billion yuan, a decrease of 14.1%

Hong Kong stock nuclear power stocks generally rose, among which, CGN Power rose by 4%, CGN NEW ENERGY rose by 3.5%, CNNC International rose by over 2%, and CGN MINING followed suit