中国材料行业 ——2025 年第四季度展望：传统材料股票影响-China Materials-4Q25 Outlook – Equity Implications Traditional Materials
2025-10-09 02:00
October 7, 2025 09:01 PM GMT China Materials | Asia Pacific 4Q25 Outlook – Equity Implications: Traditional Materials For 4Q, we prefer gold, copper and aluminum, with both macro and micro factors supporting prices. Gold – beneficiary of strong prices and above-peer volume growth: In addition to our constructive view on gold prices, we project Chinese gold miners will see continued double-digit volume growth for 2024-27, ahead of flattish-to-declining production globally. As such, we expect Chinese gold min ...