Group 1 - Copper stocks collectively surged, with China Nonferrous Mining (01258) up 5.6% to HKD 15.83, Minmetals Resources (01208) up 4.19% to HKD 10.69, China Daye Nonferrous Metals (00661) up 4.65% to HKD 0.18, and Jiangxi Copper (00358) up 3.8% to HKD 46.94 [1] - Citigroup released a report expressing a positive outlook on copper prices in the short term, predicting they will reach USD 14,000 per ton in the next three months, citing limited downside risk and bullish sentiment among investors [1] - Factors supporting copper price increases include inventory replenishment in China's supply chain post-Spring Festival, optimism regarding cyclical growth in copper prices, and potential supply disruptions [1] Group 2 - Goldman Sachs noted that after a rebound in the metal market in 2025, most commodities continued to show strong and volatile trends into early 2026, suggesting that ongoing asset allocation adjustments by investors may keep copper prices elevated [1] - The willingness of investors to diversify into hard assets amid rising macro and geopolitical risks has become a key driver of the current commodity market [1]
港股异动 铜业股集体上扬 花旗短期看好铜价走俏 潜在供应进一步受阻亦构成上涨因素