According to CoinMeta, Bank of America Securities released a report stating that Zijin Gold International (02259.hk) reported a net profit of $1.45 billion in the first half of the year, slightly higher than the forecasted profit of around $1.4 billion, and also announced a mid-term dividend for the first time. The bank raised its target price from HK$140 to HK$150 and reiterated its “buy” rating. Based on the company’s performance since the beginning of the year, Bank of America Securities also increased its annual net profit forecast by 3% to $3.1 billion, mainly reflecting lower unit cost assumptions.