JPMorgan assigns HKD 50 target to Zijin Mining stock

Published on 10/13/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 15.78 percent in first-half 2026. Zijin Mining stock costs EUR 3.74 on October 13, 2026 at 1:14 p.m. CEST, up 0.98 percent on HKEX.

JPMorgan assigned an Overweight rating and a HKD 50.00 target to Zijin Mining on October 9, 2026.
First-half 2026 revenue rose 15.78 percent to RMB 194.18 billion.
Zijin Mining stock costs EUR 3.74 at Lang & Schwarz on October 13, 2026 at 1:14 p.m. CEST, up 0.98 percent on HKEX versus HKD 32.58.
The next quarterly report is scheduled for October 24, 2026.

Zijin Mining, CNE100000502, Illustration mit AI erstellt.

JPMorgan assigned an Overweight rating and a HKD 50.00 target to Zijin Mining on October 9, 2026, according to Futunn. The target lies 51.98 percent above the HKD 32.90 HKEX price on October 13, 2026. At Lang & Schwarz, the euro quote was EUR 3.74 on October 13, 2026 at 1:14 p.m. CEST, up 0.98 percent on HKEX versus the HKD 32.58 close of October 12, 2026.

First-half revenue rises 15.78 percent

According to Moomoo on September 25, 2026, revenue in the first half of 2026 rose 15.78 percent year over year to RMB 194.18 billion. Net profit attributable to shareholders increased 68.00 percent to RMB 39.20 billion in the same period, while recurring net profit rose 76.00 percent to RMB 38.00 billion.

The operating mix adds a second signal. Mined gold production increased 13.00 percent year over year to 47 tonnes in the first half of 2026, while mined copper production declined 5.70 percent to 534,407 tonnes, according to the same interim report from Moomoo.

Stock sits 29.97 percent below its high

On HKEX, Zijin Mining was last at HKD 32.90 at 4:08 p.m. HKT on October 13, 2026. The current level is HKD 14.08 below the 52-week high of HKD 46.98 and HKD 6.32 above the 52-week low of HKD 26.58, placing the stock 29.97 percent below its high and 23.77 percent above its low.

The Hong Kong listing traded 22,552,297 shares on October 13, 2026, against an average volume of 49,324,861 shares. That volume comparison places the session below its recent average, while the HKD 32.90 price remains inside the quoted yearly range.

Valuation and October reporting date

Zijin Mining had a market capitalization of HKD 874.8 billion and a P/E ratio of 12.21 on October 13, 2026. The company trades on HKEX under ticker 2899.HK, while its A-share listing is 601899.SH, according to the investor-relations page.

Finanzen.ch reported on October 9, 2026 that the next quarterly report is expected on October 24, 2026, covering the quarter ended September 30, 2026. The report cited estimates from three analysts for earnings per share of CNY 0.978 and from one analyst for revenue of CNY 115.42 billion.

Comparison with peers

Zijin Mining: plus 0.98 percent, P/E 12.21, market capitalization HKD 874.8 billion
Jiangxi Copper (HKEX, HKD): plus 1.04 percent, P/E 12.37, market capitalization HKD 114.2 billion
Ganfeng Lithium (HKEX, HKD): minus 3.29 percent, P/E 13.61, market capitalization HKD 71.8 billion

Euro quote and HKEX move

The Lang & Schwarz euro quote stood at EUR 3.74 on October 13, 2026 at 1:14 p.m. CEST, up 0.98 percent on HKEX versus the HKD 32.58 close of October 12, 2026. The current euro price remains the reference for German investors, while the HKEX figures show the stock's home-market valuation and daily move. The further course of trading is shown by the continuously updated real-time quote of Zijin Mining stock.