Hong Kong stocks movement | The metal Sector warmed up in the morning, as overseas interest rate cuts combined with expectations of domestic economic recovery suggest that the Industry is likely to enter a new upward cycle.

The non-ferrous Sector warmed up in the morning. As of the time of writing, CMOC Group Limited (03993) rose 4.74%, reporting HKD 5.52; JIANGXI COPPER (00358) rose 3.23%, reporting HKD 12.78; CHINAHONGQIAO (01378) rose 3.16%, reporting HKD 11.74; Aluminum Corporation Of China (02600) rose 3.61%, reporting HKD 4.59.

Zhitong Finance46minutes ago

With the rating agency upgrading its rating, what are the prospects for the versatile CHINAHONGQIAO (1378.HK) in the future?

Recently, the entire A-shares in Hk market has entered another period of consolidation. Looking back at the wave of policy stimulation since late September, many people rushed in, only to have a dismal ending amid severe fluctuations. It is undeniable that against the backdrop of the Federal Reserve's interest rate cuts and ongoing domestic policies supporting economic recovery, the bull market expectations for Assets in China are still worthy of anticipation.

Gelonghui FinanceJan 1 23:38 ET

GTJA Securities: The rise in gross margin boosts Net income and raises CHINAHONGQIAO's (01378) Target Price to HKD 15.20.

GTJA Securities released a Research Report, maintaining a "Buy" rating on CHINAHONGQIAO (01378).

Zhitong FinanceDec 31, 2024 02:48 ET

China Hongqiao Group (HKG:1378) Seems To Use Debt Quite Sensibly

Simply Wall StDec 25, 2024 21:54 ET

Shandong Hontron to Purchase Stake in Hongtuo Industrial

MT NewswiresDec 22, 2024 21:55 ET

CHINAHONGQIAO (01378.HK): Shandong Hontron Aluminum Industry Holding is planning to acquire all the shares of Hongtuo Industrial.

On December 23, Gelonghui reported that CHINAHONGQIAO (01378.HK) announced on December 20, 2024, that the company's indirect subsidiary ShanDong Weiqiao Aluminum Power Co., Ltd. ("Weiqiao Aluminum Power") signed a "Share Issuance Agreement to Purchase Assets" with the company's indirect subsidiary Shandong Hontron Aluminum Industry Holding Co., Ltd. (Hontron Holding (002379.SZ), in which the company indirectly Holds approximately 22.65% of the shares). Hontron Holding is planning to acquire all the equity of ShanDong Hongtuo Industrial Co., Ltd. ("Hongtuo Industrial") to issue new shares to the existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum Power.

Gelonghui FinanceDec 22, 2024 19:21 ET