---
title: "Weekly Recap | CHINAHONGQIAO -2.85%, consensus target above spot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298788651.md"
description: "China Hongqiao closed at HK$22.50, down 2.85% for the week. The Hang Seng Index fell 2.39% over the same period, leaving the stock about 0.46 percentage points behind the benchmark. Monday opened slightly higher and finished at HK$23.52. Tuesday rallied to around HK$24.66 before giving back gains. Wednesday drifted lower. Thursday opened at HK$22.98, touched a low of HK$22.04, and settled at HK$22.50. The week played out as a rise-and-fade move."
datetime: "2026-09-12T05:20:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298788651.md)
  - [en](https://longbridge.com/en/news/298788651.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298788651.md)
generator: "portal-rs"
---

# Weekly Recap | CHINAHONGQIAO -2.85%, consensus target above spot

## The Week

China Hongqiao closed at HK$22.50, down 2.85% for the week. The Hang Seng Index fell 2.39% over the same period, leaving the stock about 0.46 percentage points behind the benchmark. Monday opened slightly higher and finished at HK$23.52. Tuesday rallied to around HK$24.66 before giving back gains. Wednesday drifted lower. Thursday opened at HK$22.98, touched a low of HK$22.04, and settled at HK$22.50. The week played out as a rise-and-fade move.

## Key Events

The week centred on debt and connected transactions. On Friday, China Hongqiao completed early redemption of US$330 million 7.05% senior unsecured notes due 2028. The same day, the company disclosed that a subsidiary acquired Weiqiao Xinchuang equity for RMB 239.7 million. Earlier in the week, a market report on Thursday noted a new buy recommendation for the basic materials name, while Tuesday’s pre-market block trade coverage included China Hongqiao among 10 Hong Kong-listed companies. The company news flow was mostly about capital structure and intra-group asset consolidation rather than operating results.

## Analyst Ratings

Across 17 covering firms, 11 rate the stock buy, 4 rate it overweight, and 2 rate it hold, with no underweight or sell ratings. The consensus recommendation is strong buy. The consensus target price is HK$36.30, about 61.3% above the latest price of HK$22.50. Individual targets range from HK$23.01 to HK$48.217, a wide dispersion. Among five covered companies in the aluminium industry, China Hongqiao ranks first.

## The Week Ahead

Hong Kong macro data will be in focus. The unemployment rate is due on Thursday, 17 September, with a prior print of 3.7%. The composite consumer price index follows on Wednesday, 23 September, with a prior reading of 1.7%. At the company level, any further disclosure on the completed debt redemption and equity acquisition will be worth watching, alongside how aluminium price moves feed into the valuation.

## In Short

This week pitched a positive consensus view against a falling share price. Fifteen of 17 covering firms rate the stock buy or overweight, and the consensus target sits more than 60% above spot, while the shares dropped 2.85% and lagged the Hang Seng Index. On valuation, the stock trades at roughly 6.98x P/E and 1.44x P/B, while the latest session showed large-lot money as a net seller, pointing to a mismatch between near-term flows and medium-term ratings. The next test is whether Hong Kong unemployment and inflation data provide direction, and how the company converts its capital structure moves into earnings delivery.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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## Related News & Research

- [China Hongqiao unit buys Weiqiao Xinchuang for RMB 239.7 million](https://longbridge.com/en/news/298719492.md)
- [China Hongqiao completes early redemption of USD 330 million senior notes due 2028](https://longbridge.com/en/news/298703421.md)
- [China Hongqiao Group (SEHK:1378) Could Be 71% Undervalued After Half Year Earnings](https://longbridge.com/en/news/297432082.md)
- [China Hongqiao Discloses Unaudited 2026 Interim Results for Key Subsidiary](https://longbridge.com/en/news/297297579.md)
- [China Hongqiao Group (SEHK:1378) Stock Profit Rebound Meets Lingering Market Doubt](https://longbridge.com/en/news/296695536.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**