Hong Kong stock movement: JIANGXI COPPER rises 10.37%, driven by the dual benefits of acquiring SolGold and new highs in copper prices

Hong Kong Stock Movement Jiangxi Copper rose by 10.37%. Based on recent key news: On December 29, Jiangxi Copper announced a full cash acquisition of SolGold for no more than £764 million, driving the stock price up. This acquisition will make SolGold an indirect wholly-owned subsidiary of Jiangxi Copper, and it is expected to consolidate its financial performance, resulting in a stock price increase of about 10%. On December 29, international copper prices hit a historic high, rising over 5%, attracting global market attention to the restructuring of copper supply and demand patterns, which boosted the stock prices of non-ferrous metal sector stocks. Jiangxi Copper benefited from the rise in copper prices, with its stock price increasing nearly 10%. On December 26, Jiangxi Copper's resource self-sufficiency rate is low, relying on the purchase of copper concentrate. Profiting from upstream mineral resources has become a way for the company's performance growth, and the market is paying attention to whether it will continue to increase upstream mineral collection. Copper prices are rising, and the global supply and demand pattern is being restructured. Stocks with High Trading Volume in the Industry China Nonferrous Mining rose by 3.09%. Based on recent news, On December 26, the National Development and Reform Commission published an article encouraging large backbone enterprises in alumina and copper smelting to implement mergers and reorganizations to enhance scale and group levels, improving industry competitiveness. This news stimulated the performance of related stocks, with China Nonferrous Mining opening up 5.15% today, reaching a high of 15.55 yuan, and currently reported at 15.08 yuan, up 3.64%. Industry policy support has led to positive market sentiment. China Daye Nonferrous Metals rose by 10.75%, with a trading volume of 7.03 million Hong Kong dollars, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Stocks with High Market Capitalization in the Industry China Metal Resources reached a market capitalization of 246 million Hong Kong dollars, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation