Group 1 - Copper stocks have risen significantly, with China Nonferrous Mining (01258) up 7.76% to HKD 16.52, Minmetals Resources (01208) up 4.46% to HKD 10.54, China Daye Nonferrous Metals (00661) up 4.92% to HKD 0.192, and Jiangxi Copper (600362) up 4.02% to HKD 47.12 [1] - On February 3, the Deputy Secretary-General of the China Nonferrous Metals Industry Association, Duan Shaofu, announced plans to improve the copper resource reserve system, which includes expanding the national copper strategic reserve and exploring a commercial reserve mechanism [1] - There is a potential inclusion of copper concentrate in the strategic reserve, which may enhance supply chain security amid declining global copper ore grades, leading to a sustained tight supply trend [1] Group 2 - Dongfang Securities believes that the inclusion of copper concentrate in strategic reserves could further strengthen the security of the industry chain [1] - The outlook for mid-term copper prices and copper smelting fees is positive, with a focus on the profit recovery potential and investment opportunities for copper mining and smelting companies [1]
铜业股再度走高 铜精矿有望纳入战略储备范围 供给紧张趋势或提升铜关键金属地位
Zhi Tong Cai Jing·2026-02-04 01:48