
New Buy Rating for China Hongqiao Group Ltd. (1378), the Basic Materials Giant

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UBS and HSBC maintain Buy ratings for China Hongqiao Group Ltd., with price targets of HK$38.60 and HK$37.40, respectively. The stock closed at HK$32.00, with an analyst consensus suggesting a Strong Buy and a HK$36.30 average price target, indicating a 13.44% upside potential.
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