Chi Silver GP (00815) rose more than 11%, as of the time of publication, up 11.11%, at 0.35 Hong Kong dollars, with a turnover of 4.5206 million Hong Kong dollars.
According to the Wise Finance APP, Chi Silver GP (00815) rose more than 11%, as of the time of publication, up 11.11%, at 0.35 Hong Kong dollars, with a turnover of 4.5206 million Hong Kong dollars.
On the news side, on October 19th, spot silver broke through the $33 per ounce mark, the first time since December 2012. The silver price on that day once expanded by 6%, mainly driven by safe-haven demand and expectations of China's economic stimulus. Max Layton, Citi's global csi commodity equity index research director, expects silver prices to rise strongly to $35 per ounce in the next three months.
Huaxi believes that silver is cheaper than gold. Silver is an important part of ai, and its trend is highly correlated with AI development. The demand for industrial and green metals provides strong support for silver. In addition, silver has experienced structural supply shortages for four consecutive years, with inventories continuously decreasing. Due to silver's dual industrial and safe-haven properties, its future performance is promising.