Sou Hu Cai Jing·2026-01-06 10:07Core Insights - Zijin Mining's stock price surged over 6%, marking a historic moment as its A-share market capitalization surpassed 1 trillion yuan for the first time, representing a significant milestone for the company and the entire non-ferrous metals and resources sector [1][3] - The company's growth from a local mining enterprise in Fujian to a global giant in copper, gold, and lithium reflects the benefits of the commodity super cycle and a re-evaluation of the value of hard assets in the current market [3][4] - The breakthrough in market capitalization signifies a shift in industry and capital logic, highlighting the increasing scarcity premium for leading companies with top-tier resources and operational excellence amid global re-inflation and energy transition trends [4][6] Investment Strategy - For investors already holding Zijin Mining shares, it is advisable to consider them as a core asset and allow profits to run [5] - New investors are cautioned against chasing high prices and should wait for overall sector fluctuations to identify companies with quality resource reserves and reasonable valuations for potential entry points [5] - The market will demand higher performance accountability from Zijin Mining following its trillion-yuan milestone, indicating a need for careful monitoring of its earnings capabilities [5]