TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from China Hongqiao Group Ltd. ( (HK:1378) ).
China Hongqiao Group Limited has announced a voluntary on-market share repurchase plan, demonstrating strong confidence in its long-term investment value and operational performance. The board intends to repurchase shares worth at least HK$3 billion, subject to market conditions, as part of its strategy to enhance shareholder value.
The most recent analyst rating on (HK:1378) stock is a Hold with a HK$10.50 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 Limited is a company incorporated under the laws of the Cayman Islands, operating primarily in the aluminum industry. It is involved in the production and sale of aluminum products and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 29,147,496
Technical Sentiment Signal: Buy
Current Market Cap: HK$212.5B
Find detailed analytics on 1378 stock on TipRanks’ Stock Analysis page.