Zijin Mining stock: Morgan Stanley keeps HKD 50.00 target for Zijin Mining stock

Published on 10/23/2026 at 15:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

S&P lifted Zijin Mining to BBB+ on October 19, 2026. Zijin Mining stock costs EUR 3.37 on October 23, 2026, 33.89 percent below its 52-week high.

Analyst target and reporting date

Morgan Stanley retained an HKD 50.00 target for Zijin Mining on October 22, 2026.
S&P Global Ratings raised the issuer rating to BBB+ on October 19, 2026.
Zijin Mining stock costs EUR 3.37 at Lang & Schwarz on October 23, 2026 at 3:35 p.m. CEST, 33.89 percent below the 52-week high.
The next third-quarter report is scheduled for October 24, 2026.

Zijin Mining, CNE100000502, Illustration mit AI erstellt.

Zijin Mining (CNE100000502) faces a new HKD 50.00 valuation marker after Morgan Stanley retained its Overweight rating and target on October 22, 2026, according to AASTOCKS. S&P Global Ratings also raised Zijin Mining's issuer rating to BBB+ from BBB on October 19, 2026, with a stable outlook. The stock was at EUR 3.37 at Lang & Schwarz on October 23, 2026 at 3:35 p.m. CEST.

HKD 50.00 target stays central

Morgan Stanley described Zijin Mining as its top pick and cited exposure to copper and gold, operating execution and valuation in its October 22 research summary. The HKD 50.00 target is a rating reference for the Hong Kong-listed share, while the German quote remains stated separately in euros.

The rating action from S&P Global Ratings points to production growth and project execution. The agency raised the rating from BBB to BBB+ and forecast adjusted operating cash flow of RMB 115.0 billion to RMB 120.0 billion in 2026.

Stock sits below its yearly high

On the Shanghai Stock Exchange, Zijin Mining last stood at CNY 28.79 on October 23, 2026 at 3:00 p.m. CST, with trading closed. The same quote showed a CNY 24.42 to CNY 44.94 52-week range, a market capitalization of CNY 765.5 billion, a price-to-earnings ratio of 11.56 and volume of 267,089,553 shares.

The Lang & Schwarz price of EUR 3.37 is 33.89 percent below the EUR 5.10 52-week high shown for the German quotation on October 23, 2026. That distance gives the analyst target and the credit upgrade more weight than a simple day-move reading.

Next report arrives October 24

Finanzen.ch lists October 24, 2026 as the date for Zijin Mining's third-quarter report. The interim report for the first half of 2026 showed revenue of RMB 194.178 billion, up 15.78 percent from the prior-year period, and net profit attributable to shareholders of RMB 39.170 billion, up 68.17 percent, according to Inf.news.

Comparison with peers

Onvista lists Zijin Mining at a price-to-earnings ratio of 8.50 and a 3.37 percent dividend yield, while Newmont is listed at 11.96 and 0.89 percent, respectively, and Barrick Mining at 11.89 and 2.76 percent. The figures are shown for the German quotation as of October 23, 2026.

Price and rating in view

The German quote places the stock at EUR 3.37 at Lang & Schwarz on October 23, 2026 at 3:35 p.m. CEST, while the Shanghai share price was CNY 28.79 with the session closed. The next scheduled report and the HKD 50.00 target provide the immediate dated reference points.

The further course of trading is shown by the continuously updated real-time quote of Zijin Mining stock.