According to the Wisdom Financial app, Chi Silver GP (00815) rose over 6%. As of press time, it increased by 6.56% to HKD 0.325, with a turnover of HKD 1.7754 million.

On the news side, on June 20th, spot silver reached $30/ounce, refreshing a high of more than a week. Guosen Futures previously pointed out that the continuous three-year supply-demand balance of silver has laid a strong upward elasticity in its price. Looking at the fundamentals of silver, the biggest change in recent years is actually the increase in demand for it in the photovoltaic field. The electronic manufacturing process related to AI also heavily relies on silver as a key raw material. Under the background of relative supply and output constraints, the fundamental of silver is based on its upward elasticity.