On July 24, CMOC fell 3.07% in regular trading, trading at HK$16.82/share, with turnover of HK$42.31 million.

On the news front, the diversified metals and mining sector came under broad selling pressure, with sector peers MMG declining 4.35%, Wanguo Gold Group down 4.33%, and Lygend Resources down 2.71%, signaling a clear cooling of bullish sentiment. CMOC had previously posted three consecutive days of gains with a cumulative advance exceeding 10%, intensifying short-term profit-taking pressure.

Additionally, HKEX disclosures revealed that JPMorgan reduced its holdings in CMOC by approximately 3.194 million shares on July 15 at HK$15.784 per share, lowering its stake to 5.92%. The institutional high-level trimming further weighed on market sentiment. Notably, JPMorgan had increased its position by 2.748 million shares just one day earlier on July 14, suggesting active portfolio rebalancing rather than a directional exit.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)