Group 1 - The core viewpoint of the article highlights the continued upward trend in non-ferrous metal stocks, with specific companies like China Aluminum, China Hongqiao, Jiangxi Copper, and Luoyang Molybdenum showing significant price increases [1] - The U.S. August CPI increased by 2.9% year-on-year, and the core CPI rose by 3.1%, aligning with market expectations and strengthening bets on the Federal Reserve's interest rate cuts [1] - Citic Securities predicts that the U.S. overall CPI growth rate may hover around 3% in the coming months, maintaining the forecast of three consecutive 25 basis point rate cuts by the Federal Reserve this year [1] Group 2 - Galaxy Securities reports that expectations for a September rate cut by the Federal Reserve are rising, which could lead to marginal liquidity easing and pressure on the U.S. dollar index, benefiting industrial metal prices [1] - The domestic manufacturing PMI slightly improved by 0.1 percentage points to 49.49% in August, indicating a marginal recovery in economic activity [1] - As the traditional seasonal transition occurs, downstream processing enterprises are seeing a rise in operating rates, while the supply side faces challenges from concentrated maintenance at smelting plants and policy adjustments, potentially leading to a decrease in production [1]
港股异动 | 有色股延续近期涨势 降息预期利好工业金属价格 国内社会库存去化有望加速