[ET Net News Agency, 17 March 2025] Jefferies raised the target price for China Hongqiao (01378) to HKD17.7 from HKD14.8 and maintained the "buy" rating.
The research house said despite the alumina price correction, the company's earnings should still hold up, with resilient aluminium YTD and a lower coal price. (rc)
The research house said despite the alumina price correction, the company's earnings should still hold up, with resilient aluminium YTD and a lower coal price. (rc)