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Hong Kong stock movement | MAYER HOLDINGS (01116) resumed trading after more than a year and a half, and at one point in the morning session, it fell over 60%. The loss in the first half of the fiscal year expanded to 8.65 million yuan.
MAYER HOLDINGS (01116) resumed trading this morning, at one point falling over 60% in early trading. As of the time of writing, it has dropped 40%, trading at 0.51 HKD, with a transaction volume of 10.961 million HKD.
MAYER HOLDINGS (01116.HK) has met all resumption guidelines and will resume trading on May 9.
Gelonghui, May 8th丨MAYER HOLDINGS (01116.HK) announced that the Board of Directors is pleased to announce that all resumption guidelines have been met as of the date of this announcement. The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on May 9, 2025.
Express News | Mayer Holdings Ltd - Made an Application to Stock Exchange for Resumption of Trading in Shares on 9 May
China Galaxy Securities: Medium to long-term conflicts in Steel supply and demand are intensifying, accelerating the supply-side reform in the Steel Industry.
Short-term imported iron ore may run weakly, potentially leading to a reduction in raw material costs, which is Bullish for domestic Steel companies. In the medium to long term, mainstream mines may also adjust their supply strategy under the changing landscape, increasing uncertainty in iron ore prices.
Latest assessment from Citigroup on the Steel Industry: Under the "pressure test" of tariffs, why have these two steel companies become the "first choice"?
Citi released the latest assessment report on the Steel Industry.
Hong Kong stock Concept tracking | Supply-side reform adjusts Steel supply, market focuses on the implementation status of domestic production restrictions (with related stocks)
Citi published a report on China's resource industry, stating that the announced tariffs by the USA have little impact on the Steel-related sub-industries.
