<div id="readability-page-1"><div><p>Morgan Stanley issued a report stating that China Molybdenum (03993.HK)<span> </span><span> -0.880 (-4.676%)  </span> <span> Short selling $177.15M; Ratio 28.165%  </span> 's results for 1Q26 were in line with expectations, with net profit reaching RMB7.8 billion, compared with RMB3.9 billion in 1Q25 and RMB6.1 billion in 4Q25, meeting the brokers forecasts.</p><p>The broker noted that China Molybdenum delivered strong performance in 1Q26, mainly driven by increased contributions from tungsten and molybdenum at high price levels. In addition, despite a decline in copper sales volume, the gold business remained stable.</p><p>M Stanley maintained an &#34;Overweight&#34; rating on China Molybdenum with a TP of HKD26.3. (ha/w)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)</p></div><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p></div>

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<p>Morgan Stanley reported that China Molybdenum's 1Q26 results met expectations, with a net profit of RMB7.8 billion, up from RMB3.9 billion in 1Q25. The strong performance was attributed to high prices for tungsten and molybdenum, despite a decline in copper sales. Morgan Stanley maintains an "Overweight" rating on the stock with a target price of HKD26.3.</p>

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M Stanley: China Molybdenum  1Q26 Results In Line