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HKG:02788.HK 24 November 2025

Glencore Plc News Today (24 November 2025): Chuangxin Aluminum IPO, Copper Squeeze and Share Price Rally

Glencore Plc News Today (24 November 2025): Chuangxin Aluminum IPO, Copper Squeeze and Share Price Rally

Glencore Plc is back in the spotlight this Monday, 24 November 2025, as investors digest a string of developments spanning Chinese aluminum, stressed copper smelters, ESG scrutiny and a fresh bullish analyst note pointing to double‑digit upside. On the same day that Glencore appears as a cornerstone investor in a blockbuster Hong Kong IPO, its share price is outperforming the FTSE 100, while the company remains at the center of debates over government subsidies and the future of copper refining in Canada and Australia. Reuters+3ACN Newswire+3TradingView+3

Stock Market Today

  • TG Jones Cuts Hit WH Smith (LSE:SMWH), Pressure Mounts on UK Retail Landlords
    July 1, 2026, 11:16 AM EDT. TG Jones is closing up to 150 old WH Smith stores, hitting the UK retail and property sectors. WH Smith (LSE:SMWH), with a £490.1m market cap, is pulling out of money-losing high street shops to focus on travel locations, but is still running at a £27m half-year loss and has halted its dividend. The move could help turn around WH Smith's earnings, though issues remain. Land Securities Group (LSE:LAND), valued at £4.8bn, is exposed to rent cuts and new restructuring loopholes that make it tougher to enforce retail leases, with earnings and cash flow under pressure. Investors are tracking how this will shift leverage between landlords, rivals and creditors.
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