Zhi Tong Cai Jing·2025-10-13 04:03Core Viewpoint - Jiangxi Copper (600362) shares fell over 6%, closing at HKD 34.18 with a trading volume of HKD 1.313 billion, influenced by renewed US tariff threats on Chinese goods [1] Group 1: Market Impact - On October 10, Trump announced that the US would impose an additional 100% tariff on Chinese goods starting November 1, along with export controls on key software [1] - Following this announcement, both domestic and international copper prices experienced significant declines, with Shanghai copper dropping by 4.5% and LME copper also down by 4.5% [1] Group 2: Industry Outlook - Hualian Futures suggests that copper, as an essential raw material for the new economy, will continue to see strong market demand, driving long-term price increases [1] - Goldman Sachs indicated that while they remain optimistic about long-term copper prices, short-term price increases are limited to USD 11,000 per ton due to an oversupply in the market [1]