Citi issued a research report updating its forecast model for CHINAHONGQIAO (01378.HK) +0.390 (+1.334%) Short selling $135.87M; Ratio 19.722% , factoring in FY25 results, latest price forecasts and management guidance. The broker said that the aluminum sector remains its most preferred segment, as supply is expected to stay tight amid the Middle East situation, and capacity recovery may take longer than anticipated.The report noted that the company's projected dividend yield for FY26 is 6.4%, which is attractive, based on yesterday's (8th) closing price. The company also offers appealing dividend payout and share buyback guidance, with a focus on enhancing shareholder returns. Citi raised its target price from HKD36 to HKD48, maintained the stock as its sector top pick, and reiterated its Buy rating.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)
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