Stock Market Movements | Collective Pressure on Metal Stocks: Lingbao Gold (03330) Drops Nearly 6%, Minmetals Resources (01208) Falls Over 4%

The non-ferrous metals sector faced collective pressure. As of the time of writing, Lingbao Gold (03330) dropped by 5.95%, trading at HKD 18.65, while Minmetals Resources (01208) fell by 4.08%, trading at HKD 9.18.

Zhitong FinanceMay 18 14:49

HSBC Research's Investment Ratings and Target Prices for Copper Stocks (H Shares) - Table

HSBC Research issued a report providing investment ratings and target prices for copper stocks listed as H shares, summarized as follows: Stock | Investment Rating | Target Price (HKD) Zijin Mining (02899.HK) | Buy | 58.0 Luoyang Molybdenum (03993.HK) | Buy | 25.3 Jiangxi Copper (00358.HK) | Hold | 38.2 MMG Limited (01208.HK) | Buy | 11.2 China Nonferrous Metals Mining (01258.HK) | Buy | 14.1 → 18.6

AASTOCKSMay 15 15:57

HSBC Research: Chinese copper stocks have underperformed the rise in copper prices, presenting a good buying opportunity. Target price for China Nonferrous Metals (01258.HK) raised to HKD 18.6.

HSBC Research published a report stating that China's copper industry stocks have lagged behind the sharp rise in copper prices. LME copper prices surged significantly in May, breaking through USD 14,000 per ton, primarily driven by supply concerns. Peru announced an emergency energy decree, indicating potential production cut risks, while conflicts in the Middle East have disrupted sulfur trade flows. The bank noted that the structural bull case for copper remains intact, mainly due to robust demand from electrification and energy transition; copper’s increasingly strategic role in energy security and AI infrastructure competition is reflected in the sustained rise in COMEX inventories; strong resilience in Chinese demand is demonstrated by domestic inventory drawdowns and Yangshan copper premiums.

AASTOCKSMay 15 15:52

CMOC To Go Ex-Dividend On May 18th, 2026 With 0.32643 HKD Dividend Per Share

May 15th (Beijing Time) - $CMOC(03993.HK)$ is trading ex-dividend on May 18th, 2026.Shareholders of record on May 19th, 2026 will receive 0.32643 HKD dividend per share on June 24th, 2026. The ex-

Futu NewsMay 15 09:00

Dr. Copper issues a warning: copper prices hit new highs, but downstream enterprises collectively refrain from purchasing — what does this imply?

Copper, among economists, has earned the nickname 'Dr. Copper.' Not because it is intelligent, but because its accuracy in predicting economic trends has consistently surpassed that of many 'Ph.D.-level' economic forecasts. In 2026, copper prices once again reached a new high for the period, but simultaneously, a peculiar phenomenon occurred: downstream enterprises collectively refused to buy. Such divergence, whenever it has appeared historically, has always warranted serious study. How does 'Dr. Copper' function? Copper is one of the most versatile industrial metals, being indispensable in wires, pipes, automobiles, air conditioners, motors, and virtually all industrial scenarios involving electricity and heat. For this reason, copper demand serves as an indicator of economic activity.

businesstimes cnMay 13 13:25

J.P. Morgan reduced its holding in Luoyang Molybdenum Co., Ltd. (03993) by approximately 2.1391 million shares at a price of approximately HKD 19.64 per share.

On May 7, JPMorgan Chase reduced its holdings in Luoyang Molybdenum Co., Ltd. (03993) by 2.139122 million shares at a price of HKD 19.6447 per share, with a total amount of approximately HKD 42.0224 million.

Zhitong FinanceMay 12 19:00