Jul 10 at 05:26 AM
$ZIJIN MINING(02899.HK) rose slightly, $USA Rare Earth(USAR.US) also gained over two percentage points, while $KINGBOARD HLDG(00148.HK) fell over five percentage points. $ZIJIN MINING(02899.HK) follows the bulk narrative of copper and gold prices, $USA Rare Earth(USAR.US) has independent resilience by touching on the rare earth supply chain theme; the logic for $KINGBOARD HLDG(00148.HK) is different, it relies more on the cycle of copper-clad laminates and PCBs, this drop is more about following the overall pressure on Hong Kong stock hardware and materials, it's not the same story as the resource attributes of the previous two.
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