Core Viewpoint - Morgan Stanley believes that the stock price of China Molybdenum Co., Ltd. (01208) is likely to rise in the next 15 days, with a probability of approximately 70% to 80% [1] Industry Summary - The Vice President of the China Nonferrous Metals Industry Association, Chen Xuesen, indicated that due to government directives to limit excess capacity, approximately 2 million tons of copper smelting capacity has been shut down [1] - All non-compliant smelting capacities under construction have also been suspended [1] - The implementation of these measures is expected to benefit copper prices and major copper companies [1] Company Summary - Morgan Stanley has given China Molybdenum Co., Ltd. an "Overweight" rating with a target price of HKD 8.4 [1]
大摩：料五矿资源股价将在未来15日上升