On July 22, China Nonferrous Mining rose 3.25% in regular trading, trading at HKD 14.49/share, with turnover of HKD 137 million. The stock extended its recent rebound trajectory, supported by ongoing positive sentiment from the company's interim profit alert.

On the news front, China Nonferrous Mining previously announced that it expects attributable profit of approximately USD 420 million for the six months ended June 30, representing a year-over-year increase of approximately 60%. The significant earnings growth was primarily driven by rising international copper prices and higher sulfuric acid prices. As a vertically integrated copper-cobalt mining and smelting enterprise, higher copper prices directly enhance the company's profitability.

Within the Copper sector, peers also posted strong gains, with Jinxun Resource up 6.99%, Jiangxi Copper up 4.54%, and China Daye Nonferrous Metals up 4.40%, reflecting broad-based sector strength. Institutional research has highlighted that copper prices may continue trending higher amid supply constraints and structural demand growth from AI infrastructure and energy transition.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)