智通财经网·2025-10-21 06:30Core Viewpoint - Morgan Stanley's report indicates that Zijin Mining (02899) demonstrates resilient growth in its third-quarter performance, reaffirming a positive stance due to favorable macro and micro conditions for gold and copper prices [1] Group 1: Financial Performance - Zijin Mining's overseas business successfully spun off, creating new growth opportunities [1] - The gold segment's profit contribution has increased, solidifying its role as a growth engine [1] Group 2: Price Target and Earnings Forecast - Morgan Stanley raised its earnings forecast for Zijin Mining for 2025 to 2027 by 9% to 20% [1] - The target price for H-shares has been increased from HKD 28 to HKD 42, maintaining its position as a preferred stock in the industry with a "Buy" rating [1]