On May 22, Zijin Mining rose 3.02% in regular trading, trading at HKD 33.46/share, with trading volume of HKD 398 million.

On the news front, copper stocks rallied broadly across the Hong Kong market, while the precious metals sector showed signs of recovery. HSBC recently published a research report noting that Chinese copper companies' share price gains have lagged copper price appreciation by approximately 20 percentage points, representing a historical mismatch that the bank deems unsustainable. With LME copper prices having risen about 40% year-to-date versus average stock gains of only 15%-20%, HSBC sees a compelling catch-up opportunity.

Zijin Mining had previously declined for multiple consecutive sessions, with its A-share pulling back over 25% from its 52-week high. Analysts suggest prior selling pressure has largely been released, prompting capital to flow back. Additionally, structural copper demand from AI infrastructure buildout and energy transition continues to underpin bullish supply-demand dynamics, with supply constraints from underinvestment in exploration further tightening the market.

(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.)