Glonghui, May 16 | UBS released a report raising the profit forecast for copper and aluminum-related stocks this year and next two years. Among them, Zhongluo Molybdenum increased 15%, Zijin Mining raised 12% and 15%, Jiangtong raised 10% and 1%, China Hongqiao raised 20% and 18%, and China Aluminum raised 21% and 13%, reflecting the positive operating indicators of the companies concerned in the first quarter and the market price of non-ferrous metals. The bank raised its target price for copper-related stocks by about 20%, reflecting an increase in profit forecasts and target enterprise value ratios due to improvements in basic factors. After changing the valuation method for aluminum stocks, the bank raised the target price of the relevant shares by 30% to 40%, the target price of Zijin Mining was raised from HK$18 to HK$22.3, the target price of molybdenum was raised from HK$7.8 to HK$9.6, the target price of China Alcoa was raised from HK$5 to HK$6.6, and the target price of China Hongqiao was raised from HK$9.5 to HK$13, all maintaining a “buy” rating. Jiangtong's target price was raised from HK$13.618.6 HK$2, maintaining a “neutral” rating.