Core Insights - The Hong Kong stock market saw a significant rise in non-ferrous metal stocks, with notable increases in companies such as China Daye Nonferrous Metals, which rose over 12%, and Luoyang Molybdenum, which reached a historical high with an increase of over 11% [1][2]. Company Performance - China Daye Nonferrous Metals: Increased by 12.50%, latest price at 0.063, market cap at 1.127 billion, year-to-date increase of 31.25% [2]. - Luoyang Molybdenum: Increased by 11.01%, latest price at 13.910, market cap at 297.595 billion, year-to-date increase of 179.76% [2]. - Jiangxi Copper: Increased by 7.98%, latest price at 26.780, market cap at 92.732 billion, year-to-date increase of 128.95% [2]. - Jinli Permanent Magnet: Increased by 5.71%, latest price at 22.200, market cap at 30.38 billion, year-to-date increase of 189.09% [2]. - Zijin Mining: Increased by 4.59%, latest price at 31.000, market cap at 823.905 billion, year-to-date increase of 128.01% [2]. - Ganfeng Lithium: Increased by 3.35%, latest price at 38.860, market cap at 79.94377 billion, year-to-date increase of 94.93% [2]. Market Dynamics - Freeport McMoRan announced a force majeure on its Grasberg mine contract in Indonesia, which has raised concerns about copper supply, pushing LME copper futures to a new high in over a year [2]. - The Grasberg mine accounts for 3.2% of global copper supply and over 70% of Freeport's total copper production, with expected supply disruptions potentially affecting over 6% of global copper output [2].