Citic 2023 Net Profit Falls; Notes Uncertain Econ Outlook
By Kimberley Kao Citic's 2023 net profit fell and it noted an uncertain economic outlook though the company said profit would have increased if a one-off gain in 2022 was excluded. The...
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By Kimberley Kao Citic's 2023 net profit fell and it noted an uncertain economic outlook though the company said profit would have increased if a one-off gain in 2022 was excluded. The...
The Hong Kong stock market headed south again on Wednesday, one day after snapping the two-day losing streak in which it had stumbled almost 400 points or 2.5 percent.
According to the United States Geological Survey (USGS), global copper reserves were 1 billion tons in 2023. Countries rich in copper resources mainly include Chile (190 million tons), Australia (100 million tons), Peru (120 million tons), and Russia (80 million tons), Mexico (53 million tons) and the United States (50 million tons), etc. In terms of output, global copper output from ore in 2023 was 22 million tons. The main copper-producing countries were Chile (5 million tons), Peru (2.6 million tons), China (1.7 million tons), and the United States (1.1 million tons).
GSMA said China is the first country to commercially launch an Open Gateway-certified OTP API to reduce incidents of online fraud.
The Hong Kong stock market has moved lower in two straight sessions, sinking almost 400 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 16,475-point plateau and it may extend its losing streak on Tuesday.