Morgan Stanley released a research report saying that Zijin Mining's third-quarter results fell short of expectations. The bank maintained an “additional holding” rating and a target price of HK$60, and continued to list Zijin as the preferred stock. Zijin Mining's net profit for the first three quarters of this year rose 51.9% year on year to 57.5 billion yuan. Net profit for the third quarter was 18.4 billion yuan, down 3.8% from quarter to quarter and 26% year on year, lower than the forecast; recurring net profit was 17.8 billion yuan, down 9% from quarter to quarter and 42.4% year on year.

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