Gelonghui, May 20 | Copper concept stocks rose collectively in the Hong Kong stock market. Among them, Minmetals Resources rose more than 8%, China's non-ferrous mining industry rose nearly 8%, China Gold International rose 6%, Wanguo International Mining rose more than 5%, Jiangxi Copper Co., Ltd. and China Daye Nonferrous Metals rose more than 4%. According to the news, the shortfall in US copper continues, which has shaken the international market. Last week, the price of copper on the New York Mercantile Exchange (COMEX) soared, once reaching a record high. The closing price of the main July contract reached the $11,200 per ton mark last Friday, rising more than 9% in a single week. According to Citigroup's research report, copper futures on COMEX and London Metal Exchange (LME) exchanges have attracted speculative long capital of up to 25 billion US dollars (about 180 billion yuan). As COMEX copper prices soar, short funds are under tremendous pressure.
港股异动丨美铜期货持续上演逼空行情，铜概念股集体走强，五矿资源大涨超8%
Changes in Hong Kong stocks 丨 US Copper futures continued to push the market short. Copper concept stocks strengthened collectively, and Minmetals resources surged more than 8%
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