On May 28, China Nonferrous Mining fell 3.26% in regular trading, trading at HKD 13.56/share, with trading volume of approximately HKD 8.89 million, extending the prior session's decline.

On the news front, the probability of a Fed 25-basis-point rate hike in December has risen to 42.5%, continuously suppressing copper price upside. Kevin Warsh was officially sworn in as the new Fed Chair, with global major central banks shifting policy stance from rate-cut-expectation-driven to hawkish wait-and-see mode. On the demand side, electrolytic copper rod weekly operating rates declined 1.54 percentage points week-over-week, signaling near-term demand weakness.

Within the Copper sector, the broad sell-off continued. Among individual stocks, Jiangxi Copper down 2.36%, China Daye Nonferrous Metals down 4.08%, Jinxun Resource down 3.92%, Jinchuan International flat, CMRU flat.

(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.)