tiprankstipranks
Jiangxi Copper’s Shareholder Boosts Stake to Signal Confidence
Company Announcements

Jiangxi Copper’s Shareholder Boosts Stake to Signal Confidence

Jiangxi Copper Company (HK:0358) has released an update.

Pick the best stocks and maximize your portfolio:

Jiangxi Copper Company has announced that its controlling shareholder, Jiangxi Copper Corporation Limited (JCC), has increased its shareholding in the company’s H shares by a modest 0.02%, reflecting confidence in the company’s future prospects. JCC plans to further boost its holdings by up to 2% of the total issued share capital within six months. This move is aimed at conveying a positive message to the market and bolstering investor confidence.

For further insights into HK:0358 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskJiangxi Copper Appoints New Joint Company Secretary
TipRanks HongKong Auto-Generated NewsdeskJiangxi Copper Announces Executive Resignations
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App