Tag: HONG KONG / METALS AND MINING
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Zhaojin Mining Industry Faces Significant Market Loss Amid Ownership Dynamics
Zhaojin Mining Industry (HKG:1818) lost HK$4.5 billion in market cap last week, predominantly affecting private company stakeholders. Private firms control 36% of the company, while institutional investors hold 17%. The largest shareholder, Zhaojin Group Co. Ltd., owns 35%. Notably, there is no insider ownership, and public companies hold 19% of the shares. Investment risks should…
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Impact of Shareholder Dynamics on Maanshan Iron & Steel Amid Price Decline
Maanshan Iron & Steel Company Limited has recently seen its stock price decline by 5.2%, adversely affecting private company shareholders who hold a majority stake of 53%. The company, with a market cap of HK$23 billion, shows significant institutional investor interest, while insider ownership is minimal. Public investors hold 37% of the company, raising important…