Lates News

According to AI Express of Every Day Economic News, Dongwu Securities released a research report on April 8, giving Huayou Cobalt (603799.SH) a "buy" rating with a target price of 87 yuan. The reasons for the rating mainly include: 1) Bright Q4 performance, meeting our expectations; 2) Nickel price increase offsetting the rise in sulfur price, controllable costs; 3) Maintaining a cobalt metal price of 400,000/ton +, contributing to profit elasticity; 4) Lithium carbonate prices continue to rise, with 26-year volume and price rise in sync; 5) Positive growth in positive electrode, relatively stable copper smelting, and ternary precursor.