Group 1 - Copper stocks are rising against the trend, with notable increases in companies such as China Gold International (+6.76%), Jiangxi Copper (+5.23%), and Zijin Mining (+2.68%) [1] - The mudslide incident at Indonesia's Grasberg mine has led to tighter copper supply, with mining operations suspended since September 8, 2023, and significant production delays expected in 2025 and 2026 [1] - The China Nonferrous Metals Industry Association is addressing the issue of "involution" in copper smelting and has submitted recommendations to control the expansion of copper smelting capacity [1] Group 2 - The Ministry of Industry and Information Technology, along with eight other departments, has issued a "Growth Stabilization Work Plan for the Nonferrous Metals Industry (2025-2026)", providing direction for the industry's future development [2] - Analysts believe that the copper market will continue to show strong performance in the fourth quarter due to supply-side disruptions and favorable macroeconomic conditions, including expectations of interest rate cuts by the Federal Reserve [2]
港股异动 | 铜业股逆势走高 铜市因供给端紧张预期持续强化 长期价格重心有望上移