The Zhitong Finance App learned that Citibank released a research report saying that although the gross profit of the copper smelting business of Jiangxi Copper (00358.HK) is expected to decline year-on-year next year, and there is downward pressure on the long-term smelting and refining business, it is expected that the increase in copper, gold and sulfuric acid prices will drive the company's overall gross profit increase next year and raise the target price of Jiangxi Copper's H shares from HK$27.9 to HK$39.8. The target price for Jiangxi Copper (600362.SH) A shares is expected to rise from RMB 33.8 to RMB 47.9; the bank currently believes that the bank has a valuation of RMB 47.9; Attractiveness, both A shares and H shares remain attractive” “Buy” rating.

The Zhitong Finance App learned that Citibank released a research report saying that although the gross profit of the copper smelting business of Jiangxi Copper (00358.HK) is expected to decline year-on-year next year, and there is downward pressure on the long-term smelting and refining business, it is expected that the increase in copper, gold and sulfuric acid prices will drive the company's overall gross profit increase next year and raise the target price of Jiangxi Copper's H shares from HK$27.9 to HK$39.8. The target price for Jiangxi Copper (600362.SH) A shares is expected to rise from RMB 33.8 to RMB 47.9; the bank currently believes that the bank has a valuation of RMB 47.9; Attractiveness, both A shares and H shares remain attractive” “Buy” rating.