Copper – preferred picks: We see a buying opportunity for Chinese copper equities following the recent correction, particularly given the strength in the underlying commodity. Fundamentals remain supportive; global mine supply continues to disappoint. Physical availability also remains tight in China, with SHFE inventories falling to c.55kt in mid-September, the lowest since January 2024. While demand remains well supported by grid investment, electrification and the global AI/data- centre buildout. We pref ...

October 6, 2026 09:00 PM GMT Greater China Materials | Asia Pacific 4Q26 Outlook: What To Buy During The Rate Hike Period During the rate hike period we prefer stocks in our Materials coverage with greater earnings visibility and higher dividend yields. We also see attractive entry points in copper and gold stocks following the recent correction. Our preferred stocks: Zijin Mining A&H, CMOC, MMG, Zijin Gold Int'l, China Jushi, Grace Fabric, Huaxin Building Materials A&H, JL Mag, CGN Mining, Kazatomprom. Cop ...

October 8, 2026 08:37 AM GMT M Foundation Investor Presentation | Asia Pacific China Materials Updates We prefer copper, gold, uranium, and glass fabric equities in the current environment. | Morgan Stanley Asia Limited+ | | | --- | --- | | Rachel L Zhang | | | Equity Analyst | | | Rachel.Zhang@morganstanley.com | +852 2239-1520 | | Hannah Yang, CFA | | | Equity Analyst | | | Hannah.Yang1@morganstanley.com | +852 2239-7079 | | Chris Jiang | | | Equity Analyst | | | Chris.Jiang@morganstanley.com | +852 3963- ...