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China Hongqiao Group Ltd. ( (HK:1378) ) has shared an update.
China Hongqiao Group Ltd. announced adjustments to the conversion prices of its US$300 million 5.25% convertible bonds due 2026 and its US$300 million 1.50% convertible bonds due 2030. These adjustments, effective from May 30, 2025, are a result of the company’s declaration of dividends, which impacts the conversion price per share, potentially affecting the company’s financial strategy and stakeholder interests.
The most recent analyst rating on (HK:1378) stock is a Buy with a HK$18.00 price target. To see the full list of analyst forecasts on China Hongqiao Group Ltd. stock, see the HK:1378 Stock Forecast page.
More about China Hongqiao Group Ltd.
China Hongqiao Group Ltd. is a company incorporated under the laws of the Cayman Islands, primarily operating in the aluminum industry. It is known for its production and distribution of aluminum products, focusing on market demands for high-quality aluminum materials.
Average Trading Volume: 42,690,101
Technical Sentiment Signal: Buy
Current Market Cap: HK$130.6B
For an in-depth examination of 1378 stock, go to TipRanks’ Stock Analysis page.