Hengan International Group Co (HEGIF) Receives a Hold From Citi

TipRanksDec 6 08:25 · Ratings

Hengan International Sells 1 Billion Yuan Bonds

MT NewswiresDec 4 18:58

Hengan International (01044.HK): Completed the issuance of corporate bonds with a principal amount of RMB 1 billion.

According to the announcement by Hengan International (01044.HK) on December 4th via Guolon, the company has successfully completed the issuance of the first tranche of corporate bonds with a principal amount of RMB 1 billion as of December 4, 2025. The coupon rate has been set at an annual rate of 1.8%, with a one-year maturity. The proceeds from the issuance of the first tranche of corporate bonds are intended to be used for replenishing the working capital of the company and its subsidiaries, as well as repaying part of the bank loans of certain domestic subsidiaries.

Gelonghui FinanceDec 4 17:08

Citi raises the target price for Hang Lung Properties (01044.HK) to HKD 27, maintaining a "Neutral" rating.

According to a Citi research report, the net profit forecasts for Hengan International (01044.HK) for 2025 to 2027 have been raised by 12.1%, 18.8%, and 19.7%, respectively. This adjustment is primarily due to a downward revision in the projected ratio of sales, general, and administrative expenses to revenue, as well as reflecting key insights from Citi’s recent meetings in China. These include expectations of a rebound in the second half of this year from a low base and a stable outlook for 2026. Given the valuation benchmark rolling from 2025 to 2026, Citi has increased its target price for the company from HKD 23.1 to HKD 27 based on the sum-of-the-parts valuation method, implying potential upside over the next year.

AASTOCKSDec 4 10:44

Hengan International Group Stock Rallies 2.7% in Hong Kong

Dow JonesDec 2 16:30

Hengan International (01044.HK)'s associated legal entity received an increase of 1 million ordinary shares by Xu Qingchi, valued at approximately MYR 400,000.

According to a report on December 1, based on the document disclosed by the Hong Kong Stock Exchange on December 1, Xu Qingchi increased his holdings of 1 million ordinary shares in WANG-ZHENG BERHAD, an associated corporation of $Hengan International (01044.HK)$, at an average price of MYR 0.4 per share on November 25, with a total value of approximately MYR 400,000. After the increase, Xu Qingchi's latest shareholding in this associated corporation amounted to 22,851,700 shares, and his long position ratio rose from 13.64% to 14.27%. Image Source: HKEX Equity Disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, significant...

Futu NewsDec 1 17:04