智通财经网·2026-04-01 06:58Core Viewpoint - Zhongyin International has raised the target price for Luoyang Molybdenum (03993) by 10.6%, from HKD 16.96 to HKD 18.76, and upgraded the rating from "Hold" to "Buy" [1] Financial Performance - The company is expected to achieve a 50% year-on-year profit increase in 2025, reaching RMB 20.3 billion, aligning with the firm's core earnings forecast after accounting for unexpected hedging losses [1] - Earnings for 2026 are projected to increase by 71% year-on-year, driven by rising copper production, copper and tungsten prices, and contributions from newly acquired gold assets [1] Market Sentiment - After experiencing a 34% decline in stock price over four weeks, Luoyang Molybdenum's shares are now considered attractive again [1]