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wptang1
2021-07-20

HK-listed Mongolian Mining hits over 3-month low on H1 loss estimates

** Shares of Mongolian Mining Corp drop 17% to HK$1.86, lowest since April 19; set for second sessio

HK-listed Mongolian Mining hits over 3-month low on H1 loss estimates

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set for second session of decline</p>\n<p>** Stock set for worst day since May 13; among top 10 decliners on the Hong Kong bourse</p>\n<p>** The Chinese coal miner expects to post up to $15 mln loss, excluding any extraordinary items, for the six months ended in June as compared to a net profit of $2.7 mln the same period in 2020</p>\n<p>** Says its sales volume was hit as coal export shipments from Mongolia to China were hit by COVID-19 curbs and limited traffic at Sino-Mongolian border</p>\n<p>** The Hong Kong composite Industry Index tracking energy stocks&nbsp;falls 3.3%, and the material index drops 4%</p>\n<p>** The Hang Seng China Enterprises Index&nbsp;eases 0.7%, and the benchmark index&nbsp;slips 0.4%</p>\n<p>** The stock had soared 83.6% this year as of last close</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00975":"MONGOL MINING"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152666568","content_text":"** Shares of Mongolian Mining Corp drop 17% to HK$1.86, lowest since April 19; 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HK-listed Mongolian Mining hits over 3-month low on H1 loss estimates

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