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<Research>Citi Trims CHALCO's TP to HKD7.6, Opens 30D Positive Catalyst Watch on Potential Shr Buyback
Citi has released a research report lowering its 2025-26 net profit forecasts for CHALCO (02600.HK) by 8%/ 5% to RMB12.9 billion/ RMB14 billion, while estimating its net profit for...
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<Research>Citi Trims CHALCO's TP to HKD7.6, Opens 30D Positive Catalyst Watch on Potential Shr Buyback
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Citi has released a research report lowering its 2025-26 net profit forecasts for CHALCO (02600.HK)  -0.050 (-1.053%)    Short selling $6.23M; Ratio 6.038%   by 8%/ 5% to RMB12.9 billion/ RMB14 billion, while estimating its net profit for 2027 to be RMB14.7 billion. The broker also reduced its target price for the company from HKD8.89 to HKD7.6 but kept the Buy rating unchanged.

CHALCO's stock price has underperformed dramatically in 2024 and YTD compared to its peer CHINAHONGQIAO (01378.HK)  -0.160 (-1.116%)    Short selling $57.22M; Ratio 15.937%   . In light of the attractive forecasted dividend yield of 7% and the potential share buyback (pending approval), Citi has opened a 30-day positive catalyst watch on the company considering the potential changes in its shareholder return policy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-05 16:25.)

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