Xiamen Tungsten Plunges 6%, Zijin Mining Falls Over 2%; Nonferrous Metals ETF Fullgoal Attracts Over 370 Million Yuan in Single Day

On July 7, the Asia-Pacific market experienced a pullback, with the nonferrous metals sector under pressure as COMEX gold and LME copper prices both declined. Xiamen Tungsten's stock price plummeted 6%, while Zijin Mining fell over 2%. However, the Nonferrous Metals ETF Fullgoal (159652) saw net subscriptions exceeding 370 million yuan (approximately $48.6 million) in a single day, attracting over 400 million yuan (approximately $52.5 million) over two consecutive days, indicating capital flowing counter-cyclically into the sector.