On May 26, Zijin Mining rose 3.25% in regular trading, trading at 35.02 HKD/share, with trading volume of 567 million HKD.
On the news front, copper stocks rallied broadly, primarily driven by supply-side disruptions. Peru's energy crisis has restricted industrial electricity use, threatening copper mine production, while sulfur supply chain disruptions are pressuring global hydrometallurgical copper output. Meanwhile, AI infrastructure buildout is generating incremental copper demand, pushing copper prices toward prior highs. HSBC previously noted that Chinese copper equities' share price gains lag copper price appreciation by approximately 20 percentage points, suggesting a historical valuation mismatch.
Concurrently, the precious metals sector is recovering, with peer Zhaojin Mining up 4.55% and China Gold International up 1.83%. Following consecutive sessions of pullback, selling pressure in Zijin Mining has been largely absorbed, with capital beginning to flow back into the stock.
(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.)