On September 14, CHINFMINING fell 3.03% in regular trading, trading at 16.0 HKD/share, with turnover of HKD 13.33 million. The decline extends a broader copper sector selloff that intensified late last week.

On the news front, reports emerged that the White House has yet to make a decision on refined copper tariffs, with officials weighing manufacturing cost concerns against domestic mining incentives ahead of midterm elections. This uncertainty triggered a sharp pullback in international copper prices after LME copper had surged past USD 14,700/ton to record highs. Meanwhile, market expectations for a 25bp Fed rate hike in September climbed to 87.3%, adding further pressure on base metals.

Within the Copper sector, the overall tone remains weak. Among peers, JIANGXI COPPER fell 1.83%, CDAYENONFER fell 3.33%, JINXUN RESOURCE edged up 0.12%, while JINCHUAN INTL and CMRU were flat. CHINFMINING recently completed a USD 300 million zero-coupon convertible bond issuance to fund its Zambia shaft No. 28 project and reported a 65% year-over-year surge in H1 attributable profit to USD 433.6 million.

(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.)