Copper

CHINFMINING

HSBC Maintains Buy Rating on China Nonferrous Metal Mining, Sets Target Price at 18.60 HKD

Zijin Nonferrous Profit Growth of About 63% in Q1 2026

CHINFMINING released FY2025 9 Months earnings on March 25, 2026 (BJT), actual revenue HKD 13.69 B, actual EPS HKD 0.5273

CHINFMINING released FY2025 Q3 earnings on March 25, 2026 (BJT), with actual revenue of HKD 6.493 B and EPS of HKD 0.1405

CHINFMINING released FY2025 earnings on March 25 During-Market (BJT), actual revenue HKD 26.67 B (forecast HKD 27.99 B), actual EPS HKD 0.8079 (forecast HKD 0.9572)

CHINFMINING released FY2025 Q4 earnings on March 25 During-Market (BJT), actual revenue HKD 6.49 B, actual EPS HKD 0.1405

CHINFMINING to Release FY2025 Annual Earnings on March 24 During-Market (BJT), Forecast Revenue HKD 27.97 B, EPS HKD 0.9563

Zijin Nonferrous Minerals Buys 55% Shares of SM Minerals

Zijin Nonferrous Mines Acquires 55% Equity in SM Minerals, Increasing Holding to 70%

China Nonferrous Metal Mining Group Signs Strategic Cooperation Agreement with China EximBank

China Nonferrous Mining Invests and Constructs the Luanshya New Mine Project

China Nonferrous Mining Adjusts Annual Production Plan

Guosen Securities: China Nonferrous Mining Group's Net Profit Rose 13.38% in Q1-Q3, Anticipating 300,000 Tons of Copper Production per Year by 2030

Zijin Mining Sees 13% Profit Growth to $356 Million in First Nine Months

China Nonferrous Metal Mining Produced 107,663 Tons of Cathode Copper in First Nine Months of 2025, Up 12% YoY

ZCCM IH Clarifies Chambishi Wet Process Tailings Dam Collapse and Follow-up Measures

China Nonferrous Metals Announces H1 2025 Interim Results

CHINFMINING released FY2025 Q1 earnings on August 28 (BJT), actual revenue HKD 6.813 B, actual EPS HKD 0.2624

CHINFMINING released FY2025 Semi-Annual Earnings on August 28 During-Market BJT, actual revenue HKD 13.69 B, actual EPS HKD 0.5273

CHINFMINING released FY2025 Q2 earnings on August 28 During-Market BJT, actual revenue HKD 6.875 B, actual EPS HKD 0.2648

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

01258

HSBC analyst maintained a Buy rating on China Nonferrous Mining Corp. Ltd. yesterday and set a price target of HK$18.60.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Strong Buy analyst consensus rating for China Nonferrous Mining Corp. Ltd. with a €1.78 average price target.

Tip Ranks

HSBC HOLDINGS

HSBC

HSBC Holdings Plc

HSBC 5xShortSG241213

HSBC Sticks to Its Buy Rating for China Nonferrous Mining Corp. Ltd. (3N4)

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HSBC Research reports that Chinese copper stocks have underperformed despite a significant rise in copper prices, driven by supply concerns. The firm raised the target price for CHINFMINING to HKD18.6, citing strong demand and favorable fundamentals. It views current market concerns as overstated, presenting a buying opportunity. MMG is highlighted for its earnings sensitivity to copper prices, while ZIJIN MINING's earnings are less sensitive due to gold contributions. A Hold rating is maintained for JIANGXI COPPER due to its valuation and contract limitations.

AASTOCKS News

JIANGXI COPPER

JCCL

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Guotai CSI Non-ferrous Metal ETF

China Southern CSI SWS Non-Ferrous Metal ETF

HSBC Research: Chinese Copper Stocks Lag Copper Price Rally Present Buying Opportunity; CHINFMINING  TP Raised to HKD18.6

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Yesterday, China Nonferrous Mining's stock price surged by 4.46%, with a trading volume reaching HKD 260 million, clearly indicating a pattern of rising volume and price. The MACD daily bullish signal has strengthened, and short-term momentum indicators are diverging upwards, which is typically interpreted by the market as a precursor to the initiation of a phase of main upward trend. On the market, the stock opened high and maintained a strong performance throughout the day, with no significant profit-taking observed at the close, highlighting the characteristics of bullish control. On the news front, the recent continuous rise in copper prices has become the biggest driving force. Zijin Mining rose by 2.31% yesterday, MMG surged by 7.32%, and CMOC increased by 2.61%, with the non-ferrous metal sector showing strong performance across the board, creating a powerful linkage effect. Although the news of the U.S. and Iran nearing a ceasefire memorandum has temporarily suppressed oil prices, industrial metals like copper benefit more from the global manufacturing recovery expectations and the long-term demand growth brought about by the energy transition. At the same time, China's steady growth policies continue to be reinforced, with infrastructure and power grid investments providing rigid support for copper demand. Resource stocks are being favored by funds outside of technology-focused stock selection funds during the ceasefire market. On the technical side, the current 5-day moving average is accelerating upwards, forming a bullish arrangement diverging upwards from the 10-day moving average, with the stock price effectively breaking through the recent consolidation platform. Trading volume has expanded to more than 1.5 times the average trading volume of the past 5 days, indicating a stronger influx of funds than typical rebounds. Within the sector, MMG and Zijin Mining are both strengthening simultaneously, forming a collective breakthrough in the copper mining sector. The short-term trend is biased towards bullish, with good alignment of volume and price, and clear sector resonance

Technical Forecast

ZIJIN MINING

CMOC

Zijin Mining

Yinhua CSI Non-ferrous Metal ETF

Hwabao WP CSI Non-ferrous Metal ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Pre-market trend | CHINFMINING (1258.HK) surged over 4% on May 7, are resource stocks back in action?

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China Nonferrous Mining (SEHK:1258) reported FY 2025 second half revenue of US$1,668.5 million and basic EPS of US$0.04, with trailing net margins at 11.8%, up from 10.4% last year. Despite a five-year earnings growth average of 10.1%, recent growth has slowed to 1.5%. Forecasts suggest revenue growth of 9.6% and earnings growth of 18.5%, indicating a gap from historical performance. The stock trades at a P/E of 14.1x, below industry averages, with a significant DCF fair value gap. Investors are advised to consider long-term trends and potential risks.

Simplywall

China Nonferrous Mining (SEHK:1258) Higher Net Margin Reinforces Bullish Profitability Narratives

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China Nonferrous Mining Declares Final 2025 Dividend and Sets Payout Timetable

CDAYENONFER

GF CSI Rare Metals Theme ETF

OTIC

China Nonferrous Mining Declares Final 2025 Dividend and Sets Payout Timetable

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MONGOL MINING(00975) fell 17.66%, with a trading turnover 303.5 Million HKD, and a year-to-date rose 11.5%. ONEROBOTICS(06600) fell 13.69%, with a trading turnover 110.9 Million HKD, and a year-to-date rose 111%. FIT HON TENG(06088) fell 12.4%, with a trading turnover 506.7 Million HKD, and a year-to-date rose 11.3%.

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Top 10 HK Stock Losers (2.13)

The registered capital of Inner Mongolia Geological and Mineral Group Co., Ltd. has increased from 538 million yuan to 10 billion yuan, an increase of approximately 1759%. The company was established in 2007, with Jia Qingdong as the legal representative. Its business scope includes investment operation and management, as well as mining rights operation. Recently, there have also been changes in several senior executives

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Inner Mongolia Geological and Mineral Group's registered capital increased to 10 billion yuan

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JINXUN RESOURCE(03636) fell 14.55%, with a trading turnover 75.3 Million HKD, and a year-to-date rose 43.3%. CHIFENG GOLD(06693) fell 14.38%, with a trading turnover 946.8 Million HKD, and a year-to-date rose 34.1%. SD GOLD(01787) fell 14.31%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 27.9%.

CHINFMINING(01258.HK)

HSBC Sticks to Its Buy Rating for China Nonferrous Mining Corp. Ltd. (3N4)

HSBC Research: Chinese Copper Stocks Lag Copper Price Rally Present Buying Opportunity; CHINFMINING TP Raised to HKD18.6

Pre-market trend | CHINFMINING (1258.HK) surged over 4% on May 7, are resource stocks back in action?

China Nonferrous Mining (SEHK:1258) Higher Net Margin Reinforces Bullish Profitability Narratives

China Nonferrous Mining Declares Final 2025 Dividend and Sets Payout Timetable

Top 10 HK Stock Losers (2.13)

Inner Mongolia Geological and Mineral Group's registered capital increased to 10 billion yuan

Top 10 HK Stock Losers (1.30)