Group 1 - Copper stocks generally rose, with China Nonferrous Mining (01258) up 6.45% to HKD 15.34, Jiangxi Copper (00358) up 4.1% to HKD 44.2, and Minmetals Resources (01208) up 2.98% to HKD 9.32 [1] - On January 6, London copper prices increased, surpassing USD 13,100, reaching a new high [1] - Capstone, a Canadian mining company, announced a strike at its Manto Verde copper-gold mine in Chile starting January 2, which adds supply risk to an already tight market [1] Group 2 - CITIC Securities predicts a global copper market shortfall of over 100,000 tons by 2026, despite ongoing expectations regarding U.S. copper tariffs [1] - The price difference between COMEX and LME copper remains at USD 100 per ton, encouraging traders to transport refined copper to the U.S., leading to continued supply tightness in non-U.S. regions [1] - The combination of total shortfall and regional mismatches is driving copper prices to continually refresh historical highs [1]