Copper prices rebounded on Wednesday, moving back towards record levels, on hopes for more stimulus in top metals consumer China, especially for its battered property sector. Benchmark three-month copper on the London Metal Exchange gained 1.2% to $11,626 a metric ton in official open-outcry trading after easing by 1.3% on Tuesday and having hit a record peak of $11,771 a day earlier. Shares in China’s property sector surged on Wednesday amid market rumours that the government was planning a 400 billion yuan ($56.63 billion) government mortgage subsidy package. The property sector is a major consumer of copper and ... (full story)