<div id="readability-page-1"><div><p>UBS issued a research report stating that CMOC (03993.HK)<span> </span><span> -0.630 (-3.452%)  </span> <span> Short selling $262.71M; Ratio 24.837%  </span>  delivered solid results in 1Q26. Net profit reached RMB7.8 billion, up 97% YoY, equivalent to 27% of the banks full-year forecast or 25% of market consensus, broadly in line with expectations.</p><p>The bank raised its earnings forecasts for CMOC by 4%, taking into account 1Q operating performance of copper and cobalt, higher realized average selling price forecasts for copper and cobalt, as well as its latest gold price projections. It lifted the H-share TP from HKD26.8 to HKD30.5, representing an increase of 14%, and reiterated its Buy rating. (sl/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-27 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>UBS has raised its target price for CMOCfrom HKD26.8 to HKD30.5, a 14% increase, following solid 1Q26 results where net profit reached RMB7.8 billion, up 97% YoY. This profit represents 27% of UBS's full-year forecast and 25% of market consensus. The bank also increased its earnings forecasts for CMOC by 4%, citing improved operating performance and higher price projections for copper, cobalt, and gold. UBS reiterated its Buy rating on the stock.</p>

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UBS Raises CMOC  TP to HKD30.5; 1Q26 Results Solid