On June 15, CMOC Group rose 4.79% at open, trading at HK$19.70/share, with turnover of HK$44.325 million. The stock rebounded sharply following a multi-session selloff driven by Fed tightening expectations.

On the news front, the molybdenum-replacing-tungsten technology catalyst continues to gain traction. SK Hynix has completed production verification of its 375-layer NAND flash memory, marking the first use of molybdenum material to replace traditional tungsten in word line fabrication, achieving lower resistance and faster read/write speeds. Samsung and Yangtze Memory are simultaneously validating similar processes. Industry estimates project semiconductor molybdenum demand to rise from approximately 10 tonnes currently to 80 tonnes by 2030. CMOC Group, as one of the worlds top seven molybdenum producers with equity reserves of approximately 1.2 million tonnes, stands as a direct beneficiary of expanding molybdenum demand and price appreciation.

Within the Diversified Metals and Mining sector, the broad recovery is evident, with MMG up 5.81%, Wanguo Gold Group up 8.25%, Jiaxin International Resources up 2.59%, Xinxin Mining up 2.34%, and Lygend Resources up 1.37%.

(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.)