China Natural Resources Stock Surges 27% on Acquisition Agreement with Feishang Group
ByAinvest
Thursday, Mar 19, 2026 10:36 am ET1min read
CHNR--
China Natural Resources' shares surge 27% after announcing a non-binding agreement to buy a Feishang Group subsidiary for $37-$40 million. The acquisition is expected to strengthen the company's mining operations through AI and create a scalable growth platform in cutting-edge AI and IoT technologies. The stock has traded in a range of $3.16 to $8.20 over the past year.
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