On September 29, CHINFMINING rose 3.74% in regular trading, trading at 15.57 HKD/share, with turnover of approximately HKD 70.90 million.

On the news front, LME copper prices recently surged to USD 14,660/ton, while cancelled warrants jumped by 6,700 tons, signaling a return of physical delivery demand. Dual-holiday restocking demand provided strong support for copper prices. Additionally, a sudden accident at Chile's Escondida mine — the world's largest copper operation — halted all production, further reinforcing upside expectations on the supply side.

Sector peers rallied in tandem, with CDAYENONFER up 3.05% and JIANGXI COPPER up 2.39%, reflecting a broad recovery in copper sector sentiment. Notably, the prior session on September 28 saw CHINFMINING decline 3.16% amid copper price weakness and subdued downstream procurement, making the current rebound particularly sharp.

Fundamentally, CHINFMINING reported H1 revenue of USD 2.261 billion (+29.1% YoY) and attributable net profit of USD 434 million (+64.7% YoY), with gross margin expanding to 42%. The company also completed a USD 300 million zero-coupon convertible bond issuance to fund capacity expansion at its Zambian operations.

(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.)