Hong Kong stocks have unusual movements. Copper stocks are collectively strengthening, with copper prices hitting historical highs. Institutions are optimistic that the tight supply will continue to push up the price of copper.

According to the Zhitong Finance APP, copper stocks collectively strengthened. As of the time of publication, Jiangxi Copper Co., Ltd. (00358.HK) rose by 7.69% to 33.04 Hong Kong dollars; China Daye Non-Ferrous Metals (00661.HK) rose by 7.53% to 0.1 Hong Kong dollars; MMG Limited (01208.HK) rose by 6.8% to 7.38 Hong Kong dollars; China Minmetals (01258) rose by 6.35% to 15.9 Hong Kong dollars; and Luoyang Molybdenum Co., Ltd. (03993) rose by 5.2% to 17 Hong Kong dollars.