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The crazy Copper prices have also scared everyone.
Stay cautious.
Research Reports Gold Mining丨Zhongtai: CMOC Group Limited has entered a capacity release period, maintaining a "Buy" rating.
Zhongtai's Research Reports indicate that CMOC Group Limited (603993.SH) is expected to achieve a net income of 13.5 billion yuan in 2024, representing a year-on-year increase of 64%. In the fourth quarter of 2024, it is projected to achieve a net income of 5.259 billion yuan, a year-on-year decrease of 9.43% but a quarter-on-quarter increase of 84.16%. In 2024, IXM is expected to achieve 1.35 billion, setting a historical high. From an annual product trading perspective, IXM has increased the trading volume of nickel products (nearly doubling in 2024), and the trading volume of Copper has also grown by 21%. Copper production capacity is entering a phase of accelerated release. For 2025, the production guidance for the Democratic Republic of the Congo is Copper 0.6-0.66 million tons + Cobalt 0.1-0.12 million tons.
Hong Kong stocks move | Copper-related stocks collectively decline as copper prices rise and fall. The current expectations for tariffs still have a logical impact on copper prices.
The Copper industry stocks dropped collectively. As of the time of writing, MMG (01208) fell by 4.56%, trading at HKD 2.51; CHINFMINING (01258) fell by 4.26%, trading at HKD 5.40; CMOC Group Limited (03993) fell by 3.32%, trading at HKD 6.12; JIANGXI COPPER (00358) fell by 2.78%, trading at HKD 13.28; Zijin Mining Group (02899) fell by 2.66%, trading at HKD 16.86.
Hong Kong stock Concept tracking | Trump accelerates Copper tariff collection, USA rushes to transport Copper, causing Futures prices to soar (with related stocks included)
Sources indicate that Trump will accelerate the imposition of Copper tariffs, possibly within weeks.
In a volatile market, hotspots maintain rapid rotation, and the logic of price increases is receiving more attention from the market.
Yesterday, the market continued to fluctuate and adjust. Although the final drop in the Index was not significant, the ongoing shrinkage in trading volume resulted in a continued decline in short-term sentiment, with over 80 stocks still falling more than 9% yesterday.
Concerns remain as the market shows signs of recovery after hitting a bottom, with deep-sea Technology and cyclical stocks becoming the focus of attention.
Track the entire lifecycle of the main Sector.
ValueTech Investor : unfortunately being stopped out before it fly again. Breakout trade in China Stock is tricky, as they have the T+1 rules. my personal view is enter in retracement for good value stock is the safer way rather than enter with breakout.