News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Citi Lifts CHINAHONGQIAO (01378.HK) TP to HKD48, Maintains Top Pick with Buy Rating
Citi issued a research report updating its forecast model for CHINAHONGQIAO (01378.HK), factoring in FY25 results, latest price forecasts and management guidance. The broker said t...
Reset
Send
The window will close in 5 seconds
<Research>Citi Lifts CHINAHONGQIAO (01378.HK) TP to HKD48, Maintains Top Pick with Buy Rating
Close
Recommend
12
Positive
22
Negative
10
 
 

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.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.