Copper prices once again surpassed 10,000 US dollars, and Goldman Sachs fanned the flames: there is a risk of “out of stock”

Goldman Sachs raised its target price for Luntong to 12,000 US dollars per ton at the end of the year. Skeptics warned that this round of speculative increases may soon subside.

Golden10 Data17:11

Is breaking through $10,000 just the starting point? Goldman Sachs raised the target price of copper: the average price will reach 15,000 US dollars next year

① Goldman Sachs raised its year-end copper price target from 10,000 US dollars per ton to 12,000 US dollars per ton, which means another 20% increase from the current price; ② Goldman Sachs also predicts that the average price of copper will rise to 15,000 US dollars in 2025.

cls.cn17:01

Jiangxi Copper Co., Ltd. (00358.HK) spent 8.8385 million yuan to buy back 341,500 A-shares on May 7

Gelonghui, May 7, 丨 Jiangxi Copper Co., Ltd. (00358.HK) issued an announcement. On May 7, 2024, it spent 8.8385 million yuan to repurchase 341,500 A shares at a repurchase price of 25.71-26 yuan per share.

Gelonghui Finance16:35

A quick look at the Hong Kong market | The three major indices have collectively pulled back, and the science index fell more than 2% to 4,000 points; domestic housing stocks rose against the market, and Xincheng Development rose nearly 6%

Technology Network stocks generally fell; Bilibili fell more than 6%, Kuaishou fell nearly 5%, and Meituan fell nearly 4%; copper concept stocks strengthened, Wanguo International Mining rose nearly 10%, and China's nonferrous mining industry rose more than 4%.

Futu News16:18

Changes in Hong Kong stocks | Wanguo International Mining (03939) rose more than 7% Goldman Sachs raised its copper price target to 12,000 US dollars/ton by the end of the year

Wanguo International Mining (03939) rose more than 7%. As of press release, it rose 6.71% to HK$7.95, with a turnover of HK$17.3966 million.

Zhitong Finance15:02

Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell nearly 2%; PV stocks reversed the market, and GCL Technology rose more than 6%

Technology Network stocks declined; Bilibili fell more than 6%, NetEase fell more than 4%, Kuaishou and Meituan fell nearly 4%; as concept stocks declined, Huazhu Group fell more than 3%, and Jiumaojiu fell nearly 3%.

Futu News12:09