Ge Long Hui A P P·2026-01-28 05:57Group 1 - Core viewpoint: Morgan Stanley expresses a positive outlook on Luoyang Molybdenum's strategy and operations following the completion of its acquisition of a gold mine in Brazil [1] - Business update: The acquisition of the Brazilian gold mine has been successfully completed, with management targeting gold production of 6 to 8 tons this year and aiming for 20 tons by 2030 [1] - Copper production guidance: The details for this year's copper production guidance are supported by process optimization and the increase in capacity from the KFM Phase II project [1] - Earnings forecast adjustment: Morgan Stanley raised its earnings forecast for Luoyang Molybdenum for the next two years by 27% to 30% [1] - Target price revision: The target prices for Luoyang Molybdenum's A-shares and H-shares have been increased from 24 yuan and 24 HKD to 30 yuan and 30 HKD, respectively, while maintaining a "buy" rating [1]