On September 11, MMG fell 5.82% in regular trading, trading at HK$9.145/share, with turnover of HK$38.89 million. The decline came amid a broad selloff across the diversified metals and mining sector.

On the news front, LME copper prices tumbled sharply on the evening of September 10, with the decline exceeding 3.5% at one point. COMEX gold fell nearly 1% while COMEX silver dropped over 3%, reflecting a broad retreat in industrial and precious metals. The selloff was triggered by escalating geopolitical tensions — including heightened US-Iran confrontation and Houthi control of the Red Sea port of Mokha — which pushed oil prices higher and reinforced inflation and rate-hike expectations. The US 10-year Treasury yield climbed to approximately 4.85%, a near three-year high. Additionally, stronger-than-expected US August non-farm payroll data further fueled expectations for continued Fed tightening, weighing heavily on commodities.

Within the Diversified Metals and Mining sector, ZIJIN MINING fell 5.46%, CMOC fell 7.15%, WANGUO GOLD GP fell 4.78%, JIAXIN INTL RES fell 3.95%, and XINXIN MINING fell 4.42%.

(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.)