According to the Zhongguancun Finance App, CGN Mining (01164) fell by more than 4%, falling 4.12% to HK$2.56 with a turnover of HK$31.9024 million as of press time.
According to Numerco data, on June 13th, 2024, the closing price of uranium was $85 per pound, a decrease of 3.13% from last week (June 6th, 2024). Shanxi Securities stated that uranium prices have risen by 233% in the past five years, and although they have fallen slightly this year, they still have more than three times the increase of gold and copper. The bank pointed out that there are currently 61 nuclear power plants under construction worldwide, about 90 in the planning stage, and more than 300 have been proposed for construction. Some countries are pushing to restart old nuclear power plants that had been closed for years. With the continuous increase in demand for electricity for data centers and AI models, the importance of nuclear power as a clean and stable energy source is further highlighted.