China's investment of RMB1.2 trillion in the Yarlung Zangbo River hydropower project in Tibet marks a major infrastructure construction with macroeconomic impact, boosting macro optimism, Citi Research said. Although the project is expected to strengthen the demand for long-distance power transmission infrastructure, particularly ultra-high voltage lines, the growth in short-term metal demand remained limited due to the longer construction cycle. Related NewsM Stanley Lays Out Latest Focus List in HK Mkt (Table)Nevertheless, the broker's baseline scenario predicted that, if economic growth momentum weakens, more 'two major projects' may be announced, potentially leaning towards energy transition or new productivity sectors, which structurally rely more on copper and aluminum than traditional steel-intensive stimulus measures.