Hong Kong stock movement: CDAYENONFER rises 18.92%
CDAYENONFER rose 18.92%; Jiangxi Copper Co., Ltd. rose 10.62%, with a transaction volume reaching HKD 1.772 billion; China Nonferrous Mining rose 7.58%, with a transaction volume reaching HKD 306 million; China Metal Resources fell 3.28%, with a transaction volume reaching HKD 1.05 million; Jinchuan International's market value reached HKD 8.405 billion
Hong Kong Stock Movement
Stocks with High Trading Volume in the Industry
Jiangxi Copper Co., Ltd. rose by 10.62%. Based on recent important news:
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On October 8, Morgan Stanley upgraded Jiangxi Copper's rating to Overweight, significantly raising the target price to HKD 37.3, driven by rising gold and copper prices, which boosted the stock price.
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On October 9, Jiangxi Copper demonstrated strong development momentum. Despite a year-on-year decline in operating revenue, net profit grew against the trend, with increased production of main products and significant growth in asset scale, enhancing market competitiveness.
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On October 7, market sentiment warmed, supported by policies, with a stable growth work plan for the non-ferrous metals industry being introduced, enhancing expectations for rising copper prices and further strengthening market investment enthusiasm for the copper sector. Rising copper prices, policy support, and market optimism
