HK Stock Market Move | CNBM (03323) falls over 3%; Sinoma International Engineering's net profit attributable to shareholders for the first 9 months decreased 37.91% year-on-year; plans to issue no more than RMB 3 billion in corporate bonds.

CNBM (03323) fell over 3%, down 3.25% as of press time to HK$2.83, with turnover of HK$26.1951 million. On the news front, on October 21, CNBM announced the first nine months of 2026 results for Sinoma International Engineering (600970.SH), with operating revenue of approximately RMB 31.941 billion, down 3.2% year-on-year; net profit attributable to shareholders of Sinoma International Engineering of approximately RMB 1.288 billion, down 37.91% year-on-year; basic earnings per share of RMB 0.49. In addition, CNBM recently announced that its 2026 public issuance of science and technology innovation corporate bonds to professional investors (sixth tranche) will have an issuance size of no more than RMB 3 billion (including RMB 3 billion). The bookbuilding range for the coupon rate of Variety 1 of the current tranche is 1.20%-2.20% (including upper and lower limits), and the bookbuilding range for the coupon rate of Variety 2 is 1.30%-2.30% (including upper and lower limits). The proceeds from the current tranche will be used for productive expenditures, including but not limited to repaying interest-bearing debt, supplementing working capital, project construction and operation, and other purposes that meet legal and regulatory requirements.