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China Hongqiao Group Ltd. ( (HK:1378) ) just unveiled an announcement.
China Hongqiao Group Limited has issued a positive profit alert, anticipating a 35% increase in net profit for the first half of 2025 compared to the same period in 2024. This expected growth is attributed to increased sales prices and volumes of aluminum alloy and alumina products, driven by favorable market conditions.
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 leading company in the aluminum industry, primarily engaged in the production of aluminum alloy and alumina products. The company focuses on leveraging favorable market conditions to enhance its profitability and market position.
Average Trading Volume: 38,313,110
Technical Sentiment Signal: Buy
Current Market Cap: HK$149.5B
For detailed information about 1378 stock, go to TipRanks’ Stock Analysis page.