Movement Alert|JIANGXI COPPER Falls 3.16% in Regular Trading, Copper Sector Under Broad Selling Pressure

Market Focus
Yesterday

On September 24, JIANGXI COPPER declined 3.16% in regular trading, trading at 33.12 HKD/share, with turnover of approximately 34.48 million HKD. The stock fell alongside a broad selloff across the copper sector.

Within the Copper sector, peers were broadly under pressure, with China Nonferrous Mining down 2.83%, Jinxun Resource down 2.89%, while China Daye Nonferrous Metals, Jinchuan International, and China Metal Resources Utilization held flat. The sector-wide weakness weighed on JIANGXI COPPER despite recent positive developments, including BlackRock raising its long position to 5.21% of H shares on September 18 and the company reporting strong H1 results with revenue of approximately 307.155 billion yuan, up 19.53% year-over-year, and net profit attributable to shareholders surging 106.77% to 8.632 billion yuan.

(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.)

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