Hong Kong stock movement: CDAYENONFER rises 15.15%, trading active with significant capital inflow

Hong Kong Stock Movement China Daye Nonferrous Metals, up 15.15%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks with High Trading Volume in the Industry Jiangxi Copper, up 1.32%. Based on recent news, On January 12, JP Morgan upgraded Jiangxi Copper's rating from "Underweight" to "Neutral," mainly due to optimism about copper price prospects. JP Morgan pointed out that Jiangxi Copper's stock price has risen over 40% recently, reflecting the positive factors from the acquisition of SolGold. The bank believes that supply tightness and increased merger activities will continue to drive copper prices up. On January 12, JP Morgan released a research report, expecting the MSCI China Materials Index to continue outperforming the MSCI China Index, mainly benefiting from supply tightness and increased merger activities. The bank noted that Chinese policies remain the main driver of commodity prices, but from the fourth quarter of 2025, the subsequent impact and intensity of anti-involution measures are expected to be moderate. On January 12, JP Morgan stated that Zijin Mining remains the top choice for 2026 and continues to be optimistic about Luoyang Molybdenum, Chalco, and China Hongqiao. The bank believes that reducing excess capacity is a multi-year task, and without stronger production cut measures, steel profits will remain low. The preferred order for basic metal investments is copper/gold, aluminum, lithium, coal, and steel. China Nonferrous Mining, up 1.34%. Based on recent news, On January 11, China Nonferrous Mining announced that the repair work for the main and auxiliary shafts of the Qianbixi Southeast ore body will be completed by December 2025, with the repair effects meeting expectations. The mine officially resumed production on January 1, 2026. The company expects a total copper output of approximately 484,000 tons in 2026, including about 134,000 tons of cathode copper and about 350,000 tons of crude copper/anode copper. Due to planned maintenance shutdowns at Qianbixi copper smelting and Lu Alaba copper smelting, crude copper/anode copper output will decline. The annual expected copper output from self-owned mines is about 155,000 tons; production of sulfuric acid is about 900,000 tons; production of liquid sulfur dioxide is about 100,000 tons; production of cobalt hydroxide containing cobalt is about 600 tons. With rising copper prices, the industry outlook is optimistic. China Metal Utilization, up 23.08%, with a trading volume of HKD 1.22 million, and no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks with High Market Capitalization in the Industry Jinchuan International, with a market capitalization of HKD 8.405 billion, and no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation