On October 9, CGN MINING fell 5.53% in regular trading to HK$1.965, with turnover of HK$48.59 million, following a prior-day surge of more than 5% driven by Alphabet's agreement to purchase nuclear power from Constellation Energy for 890 megawatts of reactor capacity. The current pullback appears driven by short-term profit-taking as investors lock in gains after the sharp advance.

CGN MINING is a natural uranium producer and trader backed by nuclear power enterprises. The company previously benefited from record-high long-term uranium contract prices and expectations of accelerated nuclear plant construction, but the rapid short-term rally has now triggered technical correction pressure.

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