The outlook for Copper and Gold is optimistic! Although prices are at historic highs, JPMorgan believes that Zijin Mining Group is "not expensive."

JPMorgan believes that Gold has become a key profit driver for the company, contributing 32% of gross profit in fiscal year 2024 (up from 26% in 2023), mainly due to a 28% year-on-year increase in the average selling price. It is expected that Gold production will reach 85 tons in 2025 (a year-on-year increase of 17%), and Copper production will reach 1.15 million tons (a year-on-year increase of 8%).

wallstreetcnMar 26 03:29 ET

In a volatile market, hotspots maintain rapid rotation, and the logic of price increases is receiving more attention from the market.

Yesterday, the market continued to fluctuate and adjust. Although the final drop in the Index was not significant, the ongoing shrinkage in trading volume resulted in a continued decline in short-term sentiment, with over 80 stocks still falling more than 9% yesterday.

cls.cnMar 25 21:23 ET

Concerns remain as the market shows signs of recovery after hitting a bottom, with deep-sea Technology and cyclical stocks becoming the focus of attention.

Track the entire lifecycle of the main Sector.

cls.cnMar 24 21:20 ET

Trump claims he will impose "secondary tariffs" targeting buyers of Venezuelan oil.

① Trump announced that the USA will impose "secondary sanctions" on Venezuela, and any country purchasing oil or Henry Hub Natural Gas from Venezuela will be forced to pay a 25% tariff to the USA; ② The USA is one of the destinations for Venezuela's energy, with Venezuela's Crude Oil Product export volume in 2024 estimated at approximately 0.66 million barrels per day, of which the USA's import volume is around 0.233 million barrels per day.

cls.cnMar 24 13:12 ET

Zijin Mining Group Chairman Chen Jinghe discusses acquisition strategy. High-value projects still exist in the Industry despite high positions | Coverage of the Earnings Conference.

① Chen Jinghe believes that, despite the current high running levels in the Industry, there are still projects with good cost performance; ② Chen Jinghe explained the company's merger strategy from four aspects.

cls.cnMar 24 10:08 ET

Zijin Mining Group's revenue has exceeded 300 billion, achieving a historic high. Chen Jinghe: There should be a mindset of preparation for "winter" | Interpretations

① In 2024, Zijin Mining Group's net profit increased by more than 50% to reach 32.051 billion yuan, with revenue exceeding 300 billion yuan for the first time; ② The company's Director, Chen Jinghe, emphasized the need to be prepared for 'winter' in terms of mindset.

cls.cnMar 22 00:27 ET