On May 22, Jiangxi Copper rose 3.46% in regular trading, trading at HK$36.46/share, with trading volume of approximately HK$324 million.

The rebound follows a sustained multi-day selloff across the copper sector. From May 15 through May 20, Jiangxi Copper declined in consecutive sessions amid rising Fed rate hike expectations after U.S. April PPI surged 6% year-over-year, far exceeding market expectations. CME FedWatch data had shown the probability of a 25-basis-point rate hike by December climbing to nearly 40%, while weak downstream procurement demand further pressured copper prices. Institutional net outflows exceeding HK$670 million over the prior 20 days had intensified selling pressure.

On May 22, the copper sector saw broad-based recovery. Among peers, China Nonferrous Mining rose 5.87%, Jinxun Resource gained 3.12%, and China Daye Nonferrous Metals advanced 1.90%. Analysts had previously noted a significant divergence between commodity prices and equity valuations, suggesting amplified sector volatility could present positioning opportunities.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)