Morgan Stanley released a research report updating its risk-reward assessment for CHUANGXIN IND (02788.HK) -0.400 (-1.495%) Short selling $18.46M; Ratio 19.498% . The broker expected the Company’s overseas capacity expansion to drive output growth in the coming years, and believed that the Company is benefiting from China’s capacity caps and is seeking growth, with plans to build 1 million metric tons of aluminum capacity in Saudi Arabia. Of which, construction has already begun on the first phase of 500,000 metric tons, and the new capacity is targeted to commence operations in 1Q27.As a result, Morgan Stanley raised its 2026-2028 EPS forecasts for CHUANGXIN IND by 7%/ 6%/ 5%, respectively. The broker correspondingly lifted its target price by 5% to $39.5 from $37.5, with rating at Overweight.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)
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