On July 9, Jiangxi Copper rose 4.13% in regular trading, trading at HK$31.08/share, with turnover of HK$94.38 million.

On the news front, the company issued a positive profit alert on the evening of July 8, projecting H1 net profit attributable to shareholders of RMB 7.55 billion to RMB 8.50 billion, representing year-over-year growth of 80.86% to 103.61%. Excluding non-recurring items, net profit is expected at RMB 7.63 billion to RMB 8.58 billion, up 75.43% to 97.27% YoY. Notably, Q1 net profit had already risen 44.31% YoY, indicating accelerating earnings momentum into H2.

The earnings alert effectively offset market sentiment pressure from the July 7 announcement that Chairman Zheng Gaoqing resigned all positions due to reaching statutory retirement age. Institutional interest remains supportive, with JPMorgan increasing its stake to 7.07% in June and BlackRock raising its holding to 5.57%. Guojin Securities has noted that copper stocks are entering an EPS-driven cycle with valuation repair potential in August-September.

(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.)