On July 9, Jiangxi Copper rose 3.18% at open, trading at HK$30.5 per share, with turnover of HK$4.2552 million.

On the news front, the company issued a positive profit alert on the evening of July 8, projecting H1 net profit attributable to shareholders of RMB 7.55 billion to RMB 8.5 billion, representing a YoY increase of 80.86% to 103.61%. The non-recurring items-adjusted net profit is expected at RMB 7.63 billion to RMB 8.58 billion, up 75.43% to 97.27% YoY. The company attributed the strong performance to refined operational management, cost reduction through technological upgrades and energy efficiency measures, and favorable market prices for core products. Notably, Q1 net profit had already risen 44.31% YoY, indicating accelerating growth momentum throughout the first half.

The profit alert effectively offset market concerns from the July 7 announcement of Chairman Zheng Gaoqing's retirement due to reaching the statutory retirement age, which had triggered a 3.08% decline on July 8.

(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.)