On September 11, CHINFMINING fell 6.83% in regular trading, trading at HK$15.91 per share, with turnover of HK$45.08 million. The decline came as reports emerged that the White House has yet to reach a decision on refined copper tariffs, with officials weighing inflation risks against domestic mining incentives ahead of the November midterm elections.

The news triggered a sharp selloff in international copper prices, with LME copper dropping approximately 3.5% and COMEX copper falling around 4.8% on the prior session. Strong U.S. August PPI data further compounded the pressure, pushing the probability of a September Fed rate hike above 70% and strengthening the U.S. dollar, which weighed heavily on industrial metals. The prior tariff-driven copper rally narrative — which had propelled LME copper to record highs above $14,800 per ton — saw multiple supporting factors weaken simultaneously, as cross-ocean arbitrage logic loosened and high-level funds exited positions.

Within the Copper sector, the board declined broadly. Among peers, JIANGXI COPPER fell 10.29%, CDAYENONFER fell 5.49%, JINXUN RESOURCE fell 5.22%, while JINCHUAN INTL and CMRU were flat.

(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.)