智通财经网·2025-09-03 00:31Group 1 - Copper prices reached a two-month high, supported by a weaker dollar, positive economic data from China, and optimistic expectations for a U.S. interest rate cut [1][2] - The London Metal Exchange (LME) benchmark copper rose by 0.9% to $9,971 per ton, with an earlier peak of $9,984.50 per ton [2] - Chinese refined copper apparent consumption is expected to grow by approximately 10% year-on-year in the first half of 2025, according to Zijin Mining Group [2] Group 2 - Goldman Sachs analysts warned that while expectations for U.S. interest rate cuts provide support, a loose physical market and ongoing weak economic data may pressure the industry [2] - CITIC Securities reported that the domestic copper mining sector's PE ratio has been running between 10-15x over the past three years, with continuous valuation increases this year due to declining supply growth and strong domestic demand [2] - The domestic copper mining sector is expected to see improvements in both profitability and valuation, with copper prices potentially reaching $10,500 per ton in Q3-Q4 2025 [2] Group 3 - Related companies in the copper mining sector listed in Hong Kong include Luoyang Molybdenum (03993), Zijin Mining (02899), China Nonferrous Mining (01258), Minmetals Resources (01208), Jiangxi Copper (00358), and China Railway (00390) [3]