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24278 MBZIJIN@EP2505A (PUT)
RT Nominal unchange0.160 0.000 (0.000%)

31/01/2024 16:10

{I-bank focus}HSBC lowers Zijin Mining (02899) to HKD15.5

[ET Net News Agency, 31 January 2024] HSBC Global Research lowered the target price for
Zijin Mining (02899) to HKD15.5 from HKD15.8 and maintained the "buy" rating.
The research house said taking into account the slower-than-expected gold output growth
based on the company's 2024 production guidance, it lowers 2024e/25e earnings by 2%/6%,
respectively. (RC)

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