CICC: Zijin Mining (02899.HK) spin-off Zijin Gold International (02259.HK) to unlock value, maintain "buy" rating

ZhaoTong Finance and Economics APP learned that Fu Rui released a research report stating that the potential split of Zijin Mining will help unlock value. The company maintains a "buy" rating on Zijin Mining (02899.HK). In addition, with the recent continuous increase in gold prices, it will provide further room for performance growth, with a target price of 29.6 Hong Kong dollars.