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Global Rich盛: Gives China Hongqiao (01378) a 'Buy' rating, with significant profit expansion and a target price of 45.58 Hong Kong dollars.
Global Rich盛发布研报称,给予中国宏桥“买入”评级,对应目标价为45.58港币。
China Hongqiao Group Stock Climbs 2.3% in Hong Kong
Cathay Pacific Haitong: Focus on the opportunity to position non-ferrous metals after stabilization.
The bank continues to see investment value in rare earths as a key strategic resource.
Citi: Rising commodity prices expected to benefit basic materials sector, while automakers and second-tier battery manufacturers face pressure.
The bank has assigned a 'Buy' rating to Aluminum Corporation of China (02600), China Hongqiao Group (01378), and Zijin Mining (02899), and also expressed optimism about pure copper enterprises.
China Hongqiao Group Stock Slips 1.4% in Hong Kong
Citi forecasts that rising commodity prices will benefit basic materials, while automakers and second-tier battery manufacturers face pressure.
According to a Citi research report, commodity prices have risen significantly and appear to be consolidating at higher levels. The bank analyzed the impact on various sectors in mainland China. On the positive side, the basic materials sector is a major beneficiary, particularly aluminum, copper, and lithium suppliers. Citi has assigned a "Buy" rating to Aluminum Corporation of China (02600.HK), China Hongqiao (01378.HK), and Zijin Mining (02899.HK). It also favors pure copper companies such as MMG Limited (01208.HK), Luoyang Molybdenum (03993.HK), and Jiangxi Copper (00358.HK). Additionally, gold jewelry retailers will benefit from rising gold prices, while copper...