--- title: "Huatai Securities Raises CHINA COMM CONS H-Share TP to HKD5.42 as Overseas New Contracts Sustain Strong Momentum" type: "News" locale: "en" url: "https://longbridge.com/en/news/285021274.md" description: "Huatai Securities has raised the target price for CHINA COMM CONS H-shares to HKD5.42, citing strong momentum from overseas contracts, which increased by 25.9% YoY. The company reported a revenue of RMB155.946 billion in Q1 2026, with a net profit of RMB4.103 billion, down 24.95% YoY. Despite a decline in domestic operations, the broker maintained a Buy rating and forecasts net profits of RMB15.5 billion to RMB16.2 billion for 2026-2028. The target price for A-shares remains at RMB8.55, with a price-to-earnings multiple of 5x for H shares." datetime: "2026-05-04T03:03:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285021274.md) - [en](https://longbridge.com/en/news/285021274.md) - [zh-HK](https://longbridge.com/zh-HK/news/285021274.md) generator: "portal-rs" --- # Huatai Securities Raises CHINA COMM CONS H-Share TP to HKD5.42 as Overseas New Contracts Sustain Strong Momentum Huatai Securities released a report stating that CHINA COMM CONS (01800.HK) +0.040 (+0.909%) Short selling $3.69M; Ratio 5.111% recorded revenue of RMB155.946 billion in 1Q26, up 0.84% YoY and down 28.2% QoQ. Net profit amounted to RMB4.103 billion, down 24.95% YoY and up 271.55% QoQ, while net profit after non-recurring items was RMB4.113 billion, down 24.38% YoY. The value of newly signed contracts in 1Q26 rose 0.58% YoY, of which overseas contracts increased 25.9% YoY, sustaining strong momentum and effectively offsetting the decline in domestic operations. The broker maintained its Buy rating on both A and H shares. The broker said it maintained its net profit forecasts for 2026 to 2028 at RMB15.5 billion, RMB15.9 billion and RMB16.2 billion, respectively. Comparable A/H-share companies are trading at 2026 consensus averages of 5.7x and 4.1x price-to-earnings, respectively. Considering the companys relatively stronger overseas business outlook, higher overseas revenue contribution and resilient growth in new orders, Huatai Securities maintained target 2026 price-to-earnings multiples of 9x for A shares and 5x for H shares. It kept the A-share TP at RMB8.55 and raised the H-share TP to HKD5.42 from HKD5.39, factoring in exchange rate fluctuations. (ha/w)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 16:25.) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. ### Related Stocks - [01800.HK](https://longbridge.com/en/quote/01800.HK.md) - [601800.CN](https://longbridge.com/en/quote/601800.CN.md) - [601688.CN](https://longbridge.com/en/quote/601688.CN.md) - [06886.HK](https://longbridge.com/en/quote/06886.HK.md) - [HTSC.UK](https://longbridge.com/en/quote/HTSC.UK.md) ## Related News & Research - [CCCC new contracts fall 8.89% in H1 2026 to RMB 902.95 billion](https://longbridge.com/en/news/295928053.md) - [Kinetic Development declares HKD 0.015 interim dividend for H1 2026 first payment](https://longbridge.com/en/news/296804360.md) - [08:48 ETLanguageLine TranslateExpress Now Available in the Epic Toolbox](https://longbridge.com/en/news/296230987.md) - [Tianqi Lithium schedules 2026 interim results briefing](https://longbridge.com/en/news/296784027.md) - [Axian Telecom releases Q2 2026 results presentation](https://longbridge.com/en/news/296807653.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**