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<Research>Citi Keeps CHINAHONGQIAO as Industry Top Pick; TP Elevated to HKD25.2
According to a Citi research report, while investors are concerned about aluminum demand in 2H25, the broker believes that strong aluminum prices will be fortified by China's a...
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<Research>Citi Keeps CHINAHONGQIAO as Industry Top Pick; TP Elevated to HKD25.2
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According to a Citi research report, while investors are concerned about aluminum demand in 2H25, the broker believes that strong aluminum prices will be fortified by China's already high-level aluminum capacity utilization, limited new supply, and low aluminum inventory.

Anticipating CHINAHONGQIAO (01378.HK)  -0.450 (-2.163%)    Short selling $138.97M; Ratio 19.969%   to benefit from high aluminum prices, the broker is upbeat about its strong earnings prospects and attractive dividend returns and continues to view the company as its industry top pick.

Citi gave CHINAHONGQIAO a Buy rating with a target price raised from HKD21 to HKD25.2.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

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