Daiwa: It is expected that the stock price of Zhongjin Gold Corporation (03908.HK) will rise in the next 30 days with a target price of HK$28.9.

According to the Zhitong Finance APP, Morgan Stanley released a research report stating that the stock price of China Jinmao (03908.HK) is expected to rise in the next 30 days, with a probability of around 70% to 80%, based on the announced stock swap and acquisition of Dongxing and Xinda Securities. The bank has set a target price of 28.9 Hong Kong dollars for China Jinmao and rated it as "Hold".