CI-CHQG@EC2606A

LEOCH INT'L

STARGLORY HLDGS

INTELLIMARK W27

BEST FOOD HLDG

GAOYU FINANCE

EXTREME VISION

TIAN TU CAPITAL

HSC RESOURCES

EPI (HOLDINGS)

LAP KEI ENGRG

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China Hongqiao Group (SEHK:1378) reported its full year 2025 results, showing sales of CN¥162.35 billion and net income of CN¥22.64 billion. The company proposed a final dividend of HK$1.65 per share, pending shareholder approval. The current share price is HK$36.68, reflecting a P/E ratio of 14.1x, considered undervalued compared to peers. A discounted cash flow model estimates a fair value of HK$106.44 per share, indicating significant undervaluation. However, potential risks include weakening aluminum demand and regulatory changes.

Simplywall

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Wanjia CSI Industry Non-Ferrous Metal Theme ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

Hwabao WP CSI Non-ferrous Metal ETF

CHINAHONGQIAO

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Dacheng Non-Ferrous Metal Futures ETF

Guotai CSI Non-ferrous Metal ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Yinhua CSI Non-ferrous Metal ETF

GF CSI Rare Metals Theme ETF

Assessing China Hongqiao Group’s Valuation After Full Year Results And Proposed Final Dividend

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Emirates Global Aluminium (EGA) stated that a full recovery of aluminum production in Abu Dhabi could take up to 12 months. The company anticipates that some production operations will resume earlier after a final loss assessment. Infrastructure repairs and the gradual restart of production electrolysis cells are necessary. Last week, the company shut down several aluminum production facilities due to an attack by Iran

Wallstreetcn

CHALCO

XINGFA ALUM

Yunnan Aluminium

NANSHAN ALUMINIUM

Huafon Aluminium

Alcoa

Mtalco

Minfa Aluminium

Emirates Global Aluminium: Full recovery of Abu Dhabi aluminum production may take a year

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On the settlement day of Hong Kong stock index futures, the Hang Seng Index closed at 24,750 points, down 201 points. After the performance announcements, the stock prices of ICBC and CCB rose by 1.8% and 1.9%, respectively. U.S. stocks fell last Friday, while international oil prices rose. Home appliance stocks were under pressure, with Midea down 3.5%, Haier Smarthome down 5.4%, and Hisense down 6.4%. Among aluminum stocks, Chalco and CHINAHONGQIAO rose by 7.3% and 3.7%, respectively

AASTOCKS

HAIER SMARTHOME

Midea Group

ICBC

MIDEA GROUP

ISHARESHSI

The Hong Kong stock index futures settlement moves downward, ICBC and CCB rise after earnings

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CENX

BYDDF

Hong Kong stocks opened lower, with the Hang Seng Index down 419 points or 1.7%, reporting at 24,532 points. BYD and its electronic stocks opened lower by 4.6% and 4%, respectively. Among aluminum stocks, China Aluminum and CHINAHONGQIAO opened higher by 5.2% and 6.5%. PetroChina's annual net profit fell by 4.5%, with its stock price opening up by 1.7%. Financial stocks HSBC and Hong Kong Exchanges and Clearing opened lower by 1.7% and 2.2%. AIA launched a USD 1.743 billion share repurchase plan, with its stock price opening flat

BYD ELECTRONIC

BYD COMPANY

Century Aluminum

BYD Company Limited

"Hong Kong Stocks" The Hang Seng Index opened 419 points lower, BYD-related stocks fell after earnings, aluminum stocks rose significantly

CSTM

The Middle East's largest aluminum plant was attacked, impacting the global aluminum supply chain. Iran's Revolutionary Guard used missiles and drones to strike aluminum plants in the UAE and Bahrain, damaging the core smelter of Emirates Global Aluminium (EGA). Aluminum prices are expected to rise due to supply tightness, putting pressure on the global economy. The Middle East accounts for approximately 9% of global aluminum supply; this attack has severely affected production and exports, and it will take time to restore operations. EGA has reserved metal inventory overseas to maintain supply

- The largest aluminum plant in the Middle East was struck, impacting the global aluminum supply chain.  
- The Iranian Revolutionary Guard confirmed missile and drone strikes on U.S.-related aluminum facilities in the UAE and Bahrain, exacerbating the already tight global aluminum market.  
- As a major supplier, the UAE's EGA faces operational disruptions, which could elevate aluminum prices and intensify economic pressures worldwide.

Constellium SE

Norsk Hydro

Kaiser Aluminum

RUSAL

"Middle East's Largest Aluminum Plant" Suffers "Major Losses" on Saturday; Unclear Whether Production Has Halted

Shuhang Jiang from Jefferies has maintained a Buy rating on China Hongqiao Group Ltd. (1378) with a price target of HK$43.90. Jiang, a 5-star analyst, has an average return of 90.4% and a 91.30% success rate. Additionally, DBS also issued a Buy rating for the stock with a price target of HK$45.00.

Tip Ranks

GF CSI All Share Materials ETF

China Hongqiao Group Ltd. (1378): New Buy Recommendation for This Basic Materials Giant

Jefferies Adjusts China Hongqiao Group's Price Target to HK$43.90 from HK$43.80, Keeps at Buy

marketscreener

Jefferies Adjusts China Hongqiao Group's Price Target to HK$43.90 from HK$43.80, Keeps at Buy

UBS report pointed out that CHINAHONGQIAO's fiscal performance for the year 2025 will be affected by non-recurring costs and accounting adjustments, with weak non-operating performance. The financial expenses for the second half of 2025 are higher than market expectations, due to one-time events amounting to 600 million RMB. Management holds an optimistic view on aluminum prices for the next three years, expecting the average prices of aluminum and alumina in 2026 to be 23,500 RMB per ton and 2,740 RMB respectively. UBS maintains a target price of HKD 46.1, with a rating of "Buy."

"Big Banks" UBS: Hongqiao's performance last year was affected by one-time projects and accounting adjustments, with weak non-operating results

China Hongqiao Buys Back Shares

HSBC Research pointed out that CHINAHONGQIAO's performance in the fiscal year 2025 is stable but slightly below expectations, with profit margins under pressure and fair value losses on convertible bonds affecting earnings. It maintains a "Buy" rating and a target price of 41 yuan, believing that aluminum is more resilient under macroeconomic uncertainty. Industry valuations have been adjusted downwards, with CHINAHONGQIAO trading at an estimated price-to-earnings ratio of 7.7 times for the fiscal year 2026 and a dividend yield of about 9%. Short-term catalysts include demand recovery, supply disruptions, and policy changes

HSBC Research: CHINAHONGQIAO's Fiscal Year 2025 Performance Slightly Below Expectations

UBS has maintained a Buy rating on China Hongqiao Group Ltd. (1378) with a price target of HK$46.10, while the shares closed at HK$34.50. The analyst consensus suggests a Strong Buy rating with an average price target of HK$40.84, indicating an 18.38% upside. Additionally, DBS also issued a Buy rating with a price target of HK$29.00.

China Hongqiao Group Ltd. (1378) Receives a Buy from UBS

China Hongqiao launches HK$808 million share buyback as board signals confidence in valuation

China Hongqiao launches HK$808 million share buyback as board signals confidence in valuation

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COSCO SHIP ENGY(01138) rose 2.55%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 105.2%. GEELY AUTO(00175) rose 2.46%, with a trading turnover 4.7 Billion HKD, and a year-to-date rose 11.7%. MINIMAX-W(00100) fell 9.17%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 455.5%. MONTAGE TECH(06809) fell 8.37%, with a trading turnover 304.4 Million HKD, and a year-to-date rose 61.8%.

- The Hang Seng Index dropped 3.54%, with a year-to-date decline of 4.9%; the Hang Seng Technology Index fell 3.28%, down 14.6% for the year.  
- China Merchants Energy (01138) rose 2.55% with a transaction volume of HKD 1.05 billion, marking a year-to-date increase of 105.2%.  
- Geely Automobile (00175) gained 2.46% with a transaction volume of HKD 4.65 billion, up 11.7% year-to-date, while MINIMAX-W (00100) and Lanyu Technology (06809) saw declines of 9.17% and 8.37%, respectively.

CI-CHQG@EC2606A(27370.HK)

CI-CHQG@EC2606A Stock Performance Chart

Assessing China Hongqiao Group’s Valuation After Full Year Results And Proposed Final Dividend

Emirates Global Aluminium: Full recovery of Abu Dhabi aluminum production may take a year

The Hong Kong stock index futures settlement moves downward, ICBC and CCB rise after earnings

"Hong Kong Stocks" The Hang Seng Index opened 419 points lower, BYD-related stocks fell after earnings, aluminum stocks rose significantly

"Middle East's Largest Aluminum Plant" Suffers "Major Losses" on Saturday; Unclear Whether Production Has Halted