Morgan Stanley raised its H-share target price for Zijin Mining (02899.HK) to HK$61 from HK$55, assigned an Overweight rating and named the stock its sector top pick. The bank said Zijin's copper, gold and lithium production growth ranks among large

2026-08-12

Morgan Stanley raised its H-share target price for Zijin Mining (02899.HK) to HK$61 from HK$55, assigned an Overweight rating and named the stock its sector top pick. The bank said Zijin's copper, gold and lithium production growth ranks among large miners and that its valuation does not fully reflect the company's scale, diversification and visible growth.