Xin Lang Cai Jing·2025-08-28 03:31Core Viewpoint - HSBC Global Research reports that Zijin Mining (02899.HK) management expects annual cost increases for copper and gold to be controlled within 5% to 8% [1] - The firm remains optimistic about Zijin Mining, believing it can achieve stable production and profit growth [1] Cost and Profitability - Management anticipates potential cost reductions for gold at the Akyem mine in Ghana and the Xinjiang Zijin Gold project [1] - The gross profit contribution from the gold business is expected to increase due to rising sales volumes and potential price surges triggered by interest rate cuts [1] Price Target Adjustment - Following the company's Q2 performance, recent cost trends, and commodity price forecasts, HSBC has raised the target price from HKD 23.2 to HKD 27.3 while maintaining a buy rating [1]