Ge Long Hui·2025-12-10 05:44Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced a significant business restructuring, deciding to divest its real estate and mineral resources segments for a total transaction value of 60.7 billion yuan, which has led to a sharp decline in its stock price [1] Group 1: Business Restructuring - The divestiture involves the separation of the real estate and mineral resources businesses, which has raised considerable market attention [1] - The total transaction amount for the divestiture is reported to be 60.7 billion yuan [1] Group 2: Market Reaction - Following the announcement, China MCC's stock price fell by 21% and continued to drop over 5%, currently trading at 1.82 HKD, with a total market capitalization of 37.7 billion HKD [1] - Market analysts suggest that while the strategy to focus on core business is understandable, the removal of the real estate and resource segments leaves China MCC primarily with its engineering business [1] Group 3: Industry Comparison - The situation is compared to China Railway Group, which also has significant reserves of copper, cobalt, and molybdenum; if similar assets were divested, it could lead to a substantial decline in stock value [1]