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<Research>CMBI Initiates Coverage on CHUANGXIN IND (02788.HK) w/ Buy Rating/ TP $32
CMBI initiated coverage on CHUANGXIN IND (02788.HK), with rating at Buy and a target price of $32. The Company's current electricity costs are at a low level, and the ongoing c...
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<Research>CMBI Initiates Coverage on CHUANGXIN IND (02788.HK) w/ Buy Rating/ TP $32
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CMBI initiated coverage on CHUANGXIN IND (02788.HK)  0.000 (0.000%)    Short selling $40.34M; Ratio 56.562%   , with rating at Buy and a target price of $32.

The Company's current electricity costs are at a low level, and the ongoing commissioning of wind and solar captive power sources will further reduce production costs in 2026-2027, the broker stated.

In terms of growth, the Company's aluminum capacity construction project in Saudi Arabia received a new round of investment from the Public Investment Fund (PIF), providing confidence in project execution.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

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