On September 28, CHINFMINING fell 3.16% in regular trading, trading at HK$14.95, with turnover of HK$17.75 million.

On the news front, LME copper prices have remained under sustained pressure, previously losing the $14,000/tonne level. A strengthening US dollar index, combined with profit-taking after copper prices hit technical resistance, exerted systematic pressure across the copper sector. On the demand side, with the National Day holiday approaching, downstream copper rod and copper strip processors largely adopted a wait-and-see stance, with actual transactions thin and end-users purchasing only on immediate needs, lacking motivation for proactive restocking.

Within the Copper sector, peers declined broadly. Among individual stocks, CDAYENONFER fell 4.23%, JIANGXI COPPER fell 3.52%, JINXUN RESOURCE fell 3.14%, while JINCHUAN INTL and CMRU were flat. The sector-wide selloff reflects the near-term headwinds from weaker copper pricing despite the company having reported strong first-half results, with revenue of $2.26 billion up 29% and attributable profit of $434 million up 65% year-over-year.

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