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Metallurgical Corporation of China Ltd.

1618.HK · HKSE

Market closed1.50-0.020000 (-1.32%)

Key statistics

Previous close1.52
Open1.52
Day high1.52
Day low1.48
52-week high3.17
52-week low1.30
Market cap52.64B
Volume11.52M
Average volume12.85M
P/E ratio-3.87
Forward P/E—
EPS-0.39
Dividend yield+2.15%

Market context

Why it moved

The release of Moonshot AI's Kimi K3, a frontier Chinese AI model that triggered a broad "new DeepSeek shock" selloff across chip and AI-related stocks, weighed on 1618.HK as investors reacted to intensifying competition from low-cost Chinese AI models threatening the pricing power of established AI players.

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What is happening

Recent company-specific developments and publisher coverage.

Mt Newswire · June 17, 2026MCC Secures 305 Billion Yuan in New Contracts for January-May Period
Mt Newswire · May 11, 2026MCC Appoints Chair
Mt Newswire · February 12, 2026MCC Logs 73.7 Billion Yuan in Newly Signed Contracts in January
Mt Newswire · January 19, 2026MCC Forecasts Over 50% Drop in 2025 Profit
Mt Newswire · January 15, 2026MCC's Newly Signed Contract Value Slips 11% in 2025
Mt Newswire · December 9, 2025MCC Plunges 21% after Proposal to Sell Non-Core Assets to Controlling Shareholder at Loss
Mt Newswire · October 14, 2025MCC's Newly Signed Contract Slump 15% in January-September

Peers

China State Construction Engineering Corporation Limited601668.SS · 4.53+1.34%China Railway Construction Corporation Limited601186.SS · 6.40+0.47%China Communications Construction Company Limited601800.SS · 6.07-0.33%China Railway Group Limited0390.HK · 3.47+0.29%Power Construction Corporation of China, Ltd601669.SS · 4.71-0.21%CITIC LimitedCTPCY · $6.660.00%China Rare Earth Resources and Technology Co., Ltd.000831.SZ · 45.65+0.24%Aluminum Corporation of China Limited601600.SS · 8.44-2.76%Jiangxi Copper Company LimitedJIAXF · $4.03+9.51%Baoshan Iron & Steel Co., Ltd.600019.SS · 5.76+1.41%China Steel Corporation2002.TW · 18.65-0.80%SINOPEC Engineering (Group) Co., Ltd.2386.HK · 5.24-0.38%