Hong Kong Stock Concept Tracking | Market Focuses on Fed Rate Cut Signals, Institutions Bullish on Long-term Trends in Precious Metals and Non-ferrous Commodities (with Concept Stocks)

Federal Reserve Chairman Powell stated that the second-quarter economic data has given policymakers more confidence in sustainable inflation moving towards the 2% target. CITIC Securities' research report pointed out that the long-term trend of precious metals and non-ferrous commodities remains bullish, mainly reflecting the over-issuance of the US dollar, credit restructuring, the imminent start of the US interest rate cut cycle, and global geopolitical tensions. The recommended allocation pace is minor metals > precious metals > base metals. Recommended related companies include SD GOLD, ZHAOJIN MINING, Lingbao Gold, Zijin Mining, CHINAGOLDINTL, Luoyang Molybdenum, etc