In a volatile market, hotspots maintain rapid rotation, and the logic of price increases is receiving more attention from the market.

Yesterday, the market continued to fluctuate and adjust. Although the final drop in the Index was not significant, the ongoing shrinkage in trading volume resulted in a continued decline in short-term sentiment, with over 80 stocks still falling more than 9% yesterday.

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Concerns remain as the market shows signs of recovery after hitting a bottom, with deep-sea Technology and cyclical stocks becoming the focus of attention.

Track the entire lifecycle of the main Sector.

cls.cnMar 24 21:20 ET

Citigroup: High profit margins in the Aluminum Industry are expected to support the earnings of CHINAHONGQIAO (01378), raising the Target Price to 21 Hong Kong dollars.

Citi released a Research Report, maintaining CHINAHONGQIAO as its preferred stock, raising the Target Price from HKD 15 to HKD 21, with a rating of "Buy."

Zhitong FinanceMar 20 22:44 ET

Bank of America: Profits meet expectations + strong Aluminum prices support raise CHINAHONGQIAO Target Price to 16 HKD.

Bank of America, a financial giant on Wall Street, recently released a Research Report stating that CHINAHONGQIAO (01378) is expected to see its net profit after tax (NPAT) for the fiscal year 2024 surge by 95% year-on-year to 22.3 billion yuan. A final dividend of 1.02 HKD per share will be distributed; the total dividend for the year will be 1.61 HKD per share, with a payout ratio reaching 63% and a dividend yield of 11%. Given that aluminum demand has exceeded expectations so far this year, Bank of America has revised its aluminum price forecast for fiscal year 2025 upwards to 0.02 million yuan per ton, with an assumed bauxite price of 72 USD per ton. Consequently, Bank of America has raised its profit forecast for the company to 20 billion yuan for fiscal year 2025.

Sina Hong Kong stocksMar 20 03:43 ET

CHINAHONGQIAO's performance is impressive, and the dividends are attractive. CMB International adjusts the Target Price to HKD 20.60.

Zhaoyin International published a Research Report indicating that CHINAHONGQIAO (01378) will perform excellently in 2024, with good financial conditions and an optimistic Industry outlook, maintaining a "Buy" rating for the stock, and raising the Target Price from HKD 19.60 to HKD 20.60. The report points out that CHINAHONGQIAO achieved significant performance growth in 2024, with Net income increasing by 95% year-on-year to RMB 22.3 billion, meeting the company's expectations. Excluding the fair value losses of convertible Bonds, the core Net income reached RMB 24.5 billion, an increase of 114% year-on-year. The company also proposed a final dividend of HKD 1.02 per share, along with an interim dividend.

Sina Hong Kong StocksMar 20 03:41 ET

[Brokerage Focus] Tianfeng maintains a "Buy" rating on CHINAHONGQIAO (01378), pointing out that the elasticity of aluminum prices brings profit flexibility.

Jinwu Finance | Tianfeng issued a research report indicating that CHINAHONGQIAO (01378) is expected to achieve revenue of 156.169 billion yuan in 2024, a year-on-year increase of 16.9%; achieve a gross profit of 42.163 billion yuan, a year-on-year increase of 101.2%; and achieve a net income of 22.372 billion yuan, a year-on-year increase of 95.21%. The significant year-on-year growth is mainly due to the increase in aluminum prices and the decrease in coal and pre-baked anode prices, leading to a reduction in electrolytic aluminum costs. In addition, the prices of bauxite and alumina are expected to increase significantly in 2024, and the company is expected to significantly enhance profits by leveraging the bauxite resources of its joint venture and its own alumina production capacity. The bank stated that alumina

Jinwu Financial NewsMar 19 23:19 ET