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Express News | Citi Issuer Services Supports Inaugural Bond Issuance by the Climate Investment Funds (Cif) Capital Markets Mechanism (Ccmm)

ReutersJan 22 07:00 ET

Express News | Bank of America and Citigroup Have Received Shareholder Proposals From Right-Leaning Groups Challenging Their Business Practices-WSJ

ReutersJan 22 05:32 ET

Citigroup: Maintain Zijin Mining Group 'Buy' rating, Target Price 21.9 Hong Kong dollars.

Citi released a research report stating that it maintains the "Buy" rating for Zijin Mining Group (02899) and expects Zijin to lower its guidance for copper production this year, as Congo’s Kamoa has also reduced its production guidance for this year, with a Target Price of HKD 21.9. The bank anticipates that the lithium production guidance will decline due to sluggish lithium prices, aligning with market consensus. The bank estimates that the company's gold and copper production will increase year-on-year by 16.4% and 7.5%, respectively. The report indicates that Zijin Mining Group announced its preliminary performance for last year, with Net income rising by 51.5% year-on-year to RMB 32 billion, slightly below the bank's expectations. The Net income from recurring Business increased by 45.3% year-on-year to RMB 31.4 billion.

Sina Hong Kong StocksJan 22 04:49 ET

Citi Issuer Services Supports Inaugural Bond Issuance by The Climate Investment Funds (CIF) Capital Markets Mechanism (CCMM)

CJan 22 00:00 ET