[Brokerage Focus] Western Securities gives CHINAHONGQIAO (01378) an initial "Buy" rating, indicating that its profitability and growth characteristics both have a significant alpha.

Jinwu Finance News | A research report from Western Securities pointed out that CHINAHONGQIAO (01378) is a pure dividend symbol, and the organization believes that the electrolytic aluminum Industry's capacity is limited and the prosperity is high. In the long run, its scarcity will always exist; the company's integrated stable profit and self-contained electricity reduce costs, and it is relocating to Yunnan in line with the Industry development trend. Both profitability and growth have significant alpha. The organization indicates that the existing electrolytic aluminum capacity is close to the 45 million ton compliance capacity limit, and since Q4 2024, the industry operating rate has exceeded 97%, making it particularly scarce in the entire Industry Chain. In the short term, the electrolytic aluminum demand side is undergoing a transformation of old and new momentum, experienced a pressure from real estate.

Jinwu Financial NewsApr 23 03:48 ET

A wave of buybacks in Hong Kong stocks, with 172 listed companies repurchasing 53.7 billion, and the buybacks have been continually increasing in recent years.

① A wave of stock buybacks has been sparked in the Hong Kong stock market, with 172 listed companies having implemented buybacks totaling 53.708 billion HKD; ② The main players in Hong Kong stock buybacks remain leading companies in the Internet and financial sectors, but some pharmaceutical and Consumer firms have also increased their buyback efforts.

cls.cnApr 21 23:26 ET

Dongxing: Supply and demand may enter a state of continuous tight balance, with resonance across multiple fields driving the growth of magnesium demand.

The bank believes that between 2025 and 2027, the Global supply and demand gap for primary magnesium may be 0.1/0.9/-0.1 tons, and the tight balance state of Global primary magnesium supply and demand also suggests that magnesium prices have already shown cyclical bottom characteristics.

Zhitong FinanceApr 21 04:38 ET

S&P Raises China Hongqiao Group to BB on Stronger Cash Flow, Lower Debt

MT NewswiresApr 15 08:34 ET

Commodity Prices Forecast to Fall in Coming Quarters, Weighed Down by Tariff Volatility, Westpac Says

MT NewswiresApr 14 22:30 ET

Guolian Minsheng Securities: CHINAHONGQIAO has a positive long-term trend, maintaining a "Buy" rating.

Guolian Minsheng Securities released a Research Report stating that considering the decline in aluminum oxide prices, it is expected that CHINAHONGQIAO (01378) will achieve Net income of 22.76/26.17/28.97 billion yuan for 2025-2027, representing year-on-year growth of 1.73%/14.98%/10.70%. The EPS is expected to be 2.40/2.77/3.06 yuan, and the current stock price corresponds to P/E ratios of 5.5/4.8/4.3 times, maintaining a "Buy" rating. On April 11, 2025, CHINAHONGQIAO will release its annual report for 2024, predicting a total operating income of 1561.69 million yuan for 2024.

Sina Hong Kong stock.Apr 13 22:42 ET