CITIC Securities: It is expected that the copper sector will experience a resonance-driven increase in both valuation and performance.

CITIC Securities research report states that the news of the Congo copper concentrate export ban may further stimulate bullish sentiment in the copper market, pushing copper prices to accelerate and exceed $15,000 per ton. With factors such as the cooling expectation of Fed interest rate hikes, frequent disturbances at mines, and the continuous siphoning of global copper inventory by the United States, it is expected that the copper sector will experience a resonance increase in valuation and performance, recommending copper companies with high-quality copper mining assets and clear production growth paths.