HK Movers | Nonferrous Stocks Rally. Breton up over 20%; Jiangxi Copper, MMG up over 7%; Chalco, China Hongqiao up 6%; Chinf Mining, Chi Silver up 5%

The top leaders of China and the U.S. met in the United States, alongside reports that U.S.-Iran negotiations were seeking to reopen the Strait of Hormuz. U.S. stocks recovered part of their losses, with technology stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.31% to 51,349.98; the Nasdaq Composite Index rose 0.01% to 26,939.37; and the S&P 500 Index dipped 0.02% to 7,704.13.

On September 24, Eastern Time, Meta Platforms (META) reached an intraday price of $777.89, hitting a nearly one-year high. Following the Meta Connect event, JPMorgan raised its price target on the company from $820 to $920 while maintaining an Overweight rating. The core reason is that the monetization path for Muse is becoming increasingly clear, leaving the bank more optimistic about Meta's growth potential beyond advertising.

TradingKey - As of the European session on September 24, gold prices (XAUUSD) extended their correction, breaking below $4,300 intraday and touching a low of $4,262.45. Having previously rebounded close to $4,400, gold has pulled back continuously and breached the $4,300 psychological mark, signaling a clear weakening in its short-term trend.

TradingKey - Google (GOOGL) is accelerating the development of its next-generation flagship AI model, Gemini 4, hoping to regain the initiative in its competition with OpenAI and Anthropic.

TradingKey - At the Connect 2026 conference held from September 23 to 24, Meta (META) unveiled the Ray-Ban Meta Audio, third-generation Ray-Ban Meta, and Meta VR Glasses, while upgrading the Meta Ray-Ban Display. The company also announced the integration of its personal AI agent, Muse, into its AI glasses, expanding its product scope from mobile phones and social apps to wearable devices.