On August 13, CMOC fell 3.09% in regular trading, trading at HK$17.51/share, with turnover of HK$169 million.

On the news front, the stock previously rallied sharply from August 5 to 7 following the Democratic Republic of Congo's ban on copper-cobalt concentrate exports. However, UBS subsequently issued a research note stating the ban has limited impact on CMOC and maintained its \"Buy\" rating. The bank noted that CMOC's TFM and KFM mines in the DRC produce cathode copper and cobalt hydroxide, which do not fall under the concentrate category. Multiple institutions have confirmed that the actual supply shock is minimal, with over 85% of DRC copper exports already shipped in refined form. As earlier bullish sentiment has dissipated, the stock has continued its profit-taking trajectory since August 8.

Sector peers also traded lower, with Zijin Mining down 2.12%, MMG down 4.28%, and Wanguo Gold Group down 3.87%.

(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.)