On July 3, Jiangxi Copper rose 3.27% in regular trading, trading at HKD 31.9/share, with turnover of HKD 91.13 million. The stock rebounded sharply after declining 3.1% the previous session amid weak domestic demand concerns and rising rate hike expectations.

On the news front, the copper sector rallied broadly, with strong linkage effects across the board. A major brokerage noted that copper stocks are currently in a phase of low PE, high EPS resilience, and undisproven commodity thesis, arguing the market is mispricing the sector using outdated macro frameworks. The firm identified August-September as the primary window for recovery from overselling, with stronger price catalysts likely emerging in Q4.

Within the Copper sector, China Nonferrous Mining rose 9.31%, China Daye Nonferrous Metal gained 3.16%, Jinxun Resource added 0.38%, while Jinchuan International and China Metal Recycling remained flat. The sector-wide momentum reflects renewed optimism around copper supply-demand dynamics following earlier corrections.

(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.)