Morgan Stanley issues reportroshcubeslot, which means that Jiangtong's net profit for the first quarter was approximately 1.7 billion yuan, down 2% year-on-year, but increased by 10% quarter-on-quarter, in line with the bank's expectations. Due to increased borrowing, net leverage rose to 48%, and finance costs increased by 78%. The company expects the company's net profit to be solid in the second quarter. Copper prices are supported by tight supply of copper concentrates and macro uncertainty, which is beneficial to Jiangxi Copper. The bank rated it "overweight" and had a target price for H-shares of 18roshcubeslot.3 Hong Kong dollars.