Precious Metals and Nonferrous Metals Concept Stocks Active, Baiyin Nonferrous and Others Hit Limit Up

IndustryGeopolitics
โดย 中国基金报·Read original
Summary · why it matters

In early trading on July 6, the three major A-share indices opened collectively higher, with the Shanghai Composite Index up 0.30%, the Shenzhen Component Index up 0.65%, and the ChiNext Index up 0.57%. Precious metals concept stocks rose rapidly, with Hunan Silver, Shanjin International, and Chifeng Gold among the top gainers. Nonferrous metals concept stocks were active, with Baiyin Nonferrous, Huanghe Whirlwind, and Yongshan Lithium hitting limit up. The innovative drug sector was also active, with Sanyuan Gene and Hotgen Biotech surging over 10%, after the National Medical Products Administration sought public comment on optimizing the review and approval of cell and gene therapy drugs, proposing to include eligible drugs in a 30-day review channel. JPMorgan expects gold to remain range-bound in the short term before rebounding, with an average price of 4,300 US dollars per ounce in the third quarter of 2026 and 4,500 US dollars per ounce in the fourth quarter, maintaining a long-term bullish view.

Impact on stocks 6

Others · 6 stocks
Yintai Resources Co Ltd
000975
▲ PositiveDemandrelevance

Precious metals concept stocks rose rapidly, Yintai Resources likely benefited as a precious metals miner.

Off-coverage companies 1

Beijing Sanyuan Gene Engineering Co., Ltd.Private± Mixed
relevance