Jiangxi Copper pressured by sector slump, shares slide on Hong Kong’s copper selloff

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 14:45.

Jiangxi Copper (CNE1000003K3) is trading markedly lower on HKEX on Tuesday. Sector data show copper stocks leading declines in Hong Kong, with Jiangxi Copper shares down around 7 to 8 percent alongside peers as reported by regional market commentary.

What Hong Kong data show

According to Hong Kong market movers data, Jiangxi Copper Company Limited (00358.HK) traded around HK$37.54 intraday, representing a decline of about 7.76 percent versus the previous close, as copper producers led losses on the Hong Kong market.Hong Kong market movers report on copper stocks CMOC Group, MMG and Zijin Mining all showed similar declines, underlining that the move is sectorwide rather than idiosyncratic.

Macro copper news in focus

Market commentary links the decline in copper stocks to recent news from Panama and upcoming U.S. policy decisions, which together shape expectations for global copper prices.Analysis of copper market drivers Panama’s Ministry of Environment reported an 88 percent compliance rate at the Cobre Panama mine, signalling a high likelihood of resumption and potential medium-term pressure on copper prices.

The product behind the stock

Jiangxi Copper’s core business is the production and sale of refined copper and copper products, including cathodes and rods used in power infrastructure, manufacturing and construction.Company overview and product portfolio The group also engages in the mining and processing of copper ore and related non-ferrous metals, linking its earnings closely to global copper demand and price trends.

Where the stock trades today

Jiangxi Copper shares (CNE1000003K3) trade in Hong Kong under the code 00358.HK, where on 2026-06-23, 14:30 they were quoted around HK$37.54 on HKEX.

This article is for informational purposes only and does not constitute investment advice, a recommendation or an offer to buy or sell securities. Figures and dates are based on sources deemed reliable at the time of writing but may change without notice.