Citi Research said in its report that it opened Upside 30-Day Catalyst Watch on ZHAOJIN MINING (01818.HK) -0.080 (-0.504%) Short selling $34.73M; Ratio 16.385% and ZIJIN MINING (02899.HK) -0.800 (-4.499%) Short selling $121.85M; Ratio 18.366% on the expectation that higher gold prices will favor gold producers. The TPs for ZHAOJIN and ZIJIN were $18.9 and $21.9 respectively, both rated Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-17 12:25.)
Related NewsHSBC Global Research: ZIJIN MINING (02899.HK) 1H Profit Slightly Beats, Rating Kept Buy
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