Hong Kong Stock Concept Tracking | Copper Prices Hit New Highs in Two Years Institutions Say Shortage of Supply and Demand and Inflation Trading Will Continue to Boost Copper Prices (with Concept Stocks)
The Zhitong Finance App learned that during the European trading session on Wednesday, three-month copper on the London Metal Exchange (LME) rose 2.7%, a two-year high, reaching 10,390 US dollars per ton. Meanwhile, the price of copper futures on the New York Mercantile Exchange once surged more than 4%, reaching a record high. Copper prices have advanced rapidly recently, reflecting people's optimism that the global economy, led by the US, will resume growth, as well as optimism about the Chinese economy. Additionally, people who want to benefit from continued inflationary pressure are also in demand for copper. It is worth noting that the index of basic inflation in the US appeared in April for the first time in six months
Guojin Securities: The AI wave will bring long-term growth in downstream copper consumption
The increase in computing power brought about by generative AI increases long-term copper demand from the supply side (data center) and transmission side (5G base stations).
Congo allows Zijin Mining's copper and cobalt business to resume operations
GLONGHUI, May 14 | According to a letter seen by Reuters on Monday, the Congolese government has lifted the suspension order on COMMUS, a Congolese copper and cobalt business owned by Zijin Mining. The Congolese Ministry of Mines suspended operations on the COMMUS project last month to investigate excessive radiation levels in minerals returned from South Africa. Zijin Mining holds 72% of the COMMUS project. The letter stated that mining operations can be resumed as long as the company strictly ensures that radiation levels meet national and international standards.
Big day for the gold market! How to trade the US CPI with the “horror data” attack? This scene may trigger a sell-off in gold prices
Early European trading on Wednesday. Spot gold maintained an intraday rebound trend. The price of gold is currently around 2,363 US dollars/ounce. FXStreet analyst Lallalit Srijandorn pointed out that higher-than-expected inflation data may cause the Federal Reserve to take a more aggressive stance, which will boost the dollar and put some selling pressure on dollar-denominated gold.
A major breakthrough in gold prices! Gold is expected to continue to outperform the market
This indicator highlights the possibility that gold will continue to outperform the market, and gold is likely to reach new highs.
As of May 15, at 10:42 A50ETF Huabao (159596) fell 0.29% in turnover of 61.4076 million yuan. In terms of constituent stocks, Midea Group rose 1.68%. Zijin Mining rose 0.76%, Ningde Times rose 0.24%, Kweichow Moutai rose 0.05%, and all other individual st
As of May 15, at 10:42 A50ETF Huabao (159596) fell 0.29% in turnover of 61.4076 million yuan. In terms of constituent stocks, Midea Group rose 1.68%. Zijin Mining rose 0.76%, Ningde Times rose 0.24%, Kweichow Moutai rose 0.05%, and all other individual stocks turned green. According to the news, the excellent performance of the recent A-share industry leading quarterly report became the focus of the market. The 2024 A-share industry leading quarterly report showed impressive performance, with 26 companies that achieved year-on-year growth in both revenue and net profit, accounting for more than 50%. China Merchants Securities's latest research report points out that this year's quarterly report confirmed A-share capital
Robust Growth and Competitive Edge Reinforce Buy Rating for Zijin Mining Group
Gold prices hit a record high, Damo: Now it's the turn of gold mining stocks
As the Federal Reserve's interest rate cut approaches, the headwinds facing gold mining stocks are expected to reverse. Damo pointed out that in the first 100 days and 300 days after announcing interest rate cuts, the average performance of gold mining stocks was 10% and 27% better than gold, respectively.
Gold suddenly dives in the short term! The price of gold just fell below $2,340. Gold's latest intraday trading analysis
#黄金技术分析 #24K99讯 At the end of the Asian market on Tuesday (May 14), spot gold suddenly fell rapidly in the short term. The price of gold had just fallen below the $2,340 per ounce mark, and the intraday increase narrowed to around $1.
Hong Kong stock concept tracking | Copper prices hit a two-year high, and the supply of copper concentrate ushered in the “Pilbara” moment for lithium mines in almost 2021 (with concept stocks)
Overnight, London Metals closed higher, while Copper rose more than 2%
ZiJin Mining ADR To Go Ex-Dividend On May 21st, 2024 With 0.55402 USD Dividend Per Share
May 14th - $ZiJin Mining ADR(ZIJMY.US)$ is trading ex-dividend on May 21st, 2024. Shareholders of record on May 22nd, 2024 will receive 0.55402 USD dividend per share on July 12th, 2024. The ex-di
Is it still necessary to “catch up” with the current price of gold? Experts remind that the gold trend is already divided, and consumers cannot blindly enter the market
① The gold market, which had been soaring all the way up, fluctuated at a high level again. Today's spot gold fell below 2,340 US dollars/ounce, with an intraday decline of 0.88%. ② The fall in gold prices is due to the fact that international gold prices are already at historically high levels, and profit markets rebounded after the geographical conflict cooled down. The fluctuation in the price of gold after the high level reflects the market's disagreement over the future trend of gold.
Gold suddenly experienced a sharp sell-off! Gold prices plummeted by more than 16 US dollars during the day Analyst's latest gold price technical analysis
#黄金技术分析 #24K99讯 was traded early in the European market on Monday (May 13). Spot gold was suddenly violently sold off. The price of gold is currently around 2,343 US dollars/ounce, plummeting more than 16 US dollars during the day.
The technical side of gold sends an important signal! Bulls are preparing for a sharp rise in the market FXStreet chief analyst's analysis of the technical outlook for gold prices this week
Spot gold surged nearly $60 last week to close at around $2,360 per ounce. FXStreet chief analyst Valeria Bednarik pointed out that gold has turned bullish, and the price of gold may challenge the record high of 2431.40 US dollars/ounce.
The price of gold will “rise sharply”! Goldman Sachs releases major gold research report
Recently, the media discussed various reasons behind the sharp rise in gold prices. These reasons can first be traced back to the surge in Chinese purchases. As gold prices rose, this discussion also intensified, culminating with “China taking over control of gold prices from the West”, “China's gold buying frenzy caused ETF chaos” and “Chinese consumers surpassing India in the gold buying frenzy”.
Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares
① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.
After rising more than $60 in two days and returning to a three-week high, why did gold's rise suddenly accelerate?
① Analyst Tim Waterer said that gold regained its appeal this week, mainly due to some weak US macro data; ② Persistent geopolitical risks may continue to support investment in gold.
Express News | 56 stocks were traded in bulk, with Jiusheng Electric leading the discount rate of 19.82%
Express News | Northbound Capital had a net sale of 6.304 billion yuan today. Ningde Times, Longji Green Energy, and Zijin Mining had net sales of 806 million yuan, 364 million yuan, and 298 million yuan respectively. China Merchants Bank had the highest net purchase am
On May 10, A50ETF Huabao (159596) closed up 0.2% with a turnover of 163 million yuan. In terms of constituent stocks, Zijin Mining rose 2.99%, China Merchants Bank rose 2.24%, China Ping An rose 1.39%, CITIC Securities rose 0.79%, Changjiang Electric Powe
On May 10, A50ETF Huabao (159596) closed up 0.2% with a turnover of 163 million yuan. In terms of constituent stocks, Zijin Mining rose 2.99%, China Merchants Bank rose 2.24%, China Ping An rose 1.39%, CITIC Securities rose 0.79%, Changjiang Electric Power rose 0.47%, and Midea Group rose 0.04%, and the remaining individual stocks all turned green. Industry insiders believe that the recent good performance of the A50 ETF is due to multiple factors such as favorable policies, foreign investors being optimistic about Chinese assets, and strong corporate profitability. It is worth noting that the A50 ETF equal-broad-based ETF continues to be favored by market capital, which shows that it is still promising
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