Core Viewpoint - China Silver Group (00815) experienced a decline of over 5%, with a current price of 0.7 HKD and a trading volume of 38.17 million HKD. The drop is attributed to fluctuations in silver prices and changes in U.S. trade policy regarding tariffs on key minerals [1] Group 1: Market Reaction - On Thursday, silver prices initially fell by 7.3% but later recovered most of the losses [1] - The U.S. government, after a lengthy national security review, decided not to impose comprehensive tariffs on key minerals including silver and platinum, opting instead for bilateral negotiations and considering price floors [1] - This decision alleviated market concerns regarding potential comprehensive tariff measures from the U.S. [1] Group 2: Market Analysis - CITIC Futures noted that the previous price increase was driven by tariff expectations, tight spot supply, and market sentiment, with the rate of increase significantly outpacing the ability of fundamentals to absorb it [1] - Following the cooling of tariff expectations, profit-taking combined with a high volatility environment led to a rapid price pullback [1] - In the medium term, supply constraints, industrial demand (such as from photovoltaics), and the spillover effect from gold remain, but short-term adjustments will be necessary to correct the overly crowded trading structure [1]
中国白银集团跌超5% 关税预期降温引发白银价格回撤