Trade Metallurgical Corporation of China Ltd. - 1618 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.013
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.01846 %(-HK$3.69)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01846%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.00346 %(-HK$0.69)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00346%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 100
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01846 %
  (-HK$3.69)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00346 %
  (-HK$0.69)

Key Stats

• Prev. Close: 1.286
• Open: 1.296
• 1-Year Change: -51.77%
• Day's Range: 1.296 - 1.321

Trade Metallurgical Corporation of China Ltd. - 1618

About Metallurgical Corporation of China Ltd.

Metallurgical Corporation of China Ltd. is a China-based company principally engaged in the engineering construction related businesses. The Company’s businesses mainly include the engineering contracting, real estate development, resources development and equipment manufacturing. The Company's engineering contracting businesses mainly include the metallurgical engineering, municipal engineering, transportation facilities and urban infrastructure construction, among others. Its real estate development businesses mainly include the development and construction of commercial and residential real estates. Its resource development businesses mainly include the mining and processing of iron, copper, nickel, lead and zinc, among others. Its equipment manufacturing businesses mainly include the manufacturing of metallurgical equipments and steel structures.

Financial summary

BRIEF: For the nine months ended 30 September 2021,Metallurgical Corporation of China Ltd. revenues increased30% to RMB349.49B. Net income applicable to commonstockholders increased 37% to RMB5.39B. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Net income benefitedfrom Credit Impairment Loss decrease of 28% to RMB1.93B(expense).