Wanguo International Mining (03939) rose more than 7%. As of press release, it rose 7.19% to HK$7.01, with a turnover of HK$1,938,800.
The Zhitong Finance App learned that Wanguo International Mining (03939) rose by more than 7%. As of press release, it had risen 7.19% to HK$7.01, with a turnover of HK$1,938,800.
According to the news, copper prices were strong last week, hitting a high of 73,400 yuan/ton, the highest since 2023. Southwest Securities pointed out that the overseas mining sector continues to be disrupted, processing fees for copper concentrate have declined again, and domestic smelters have jointly cut production, which will drive copper prices in the short term. Looking at the medium term, the Federal Reserve's currency cycle shift boosts the financial nature of copper. Domestic policy tone is positive. Low refined copper inventories support the price center, and are optimistic about copper prices in the medium term.