The Zhitong Finance App learned that Guosheng Securities released a research report stating that it maintains China's Hongqiao (01378.HK) purchase rating. The bank expects the company to achieve net profit of 353/339/32.2 billion yuan in 2026-2028, corresponding PE of 6.4/6.7/7.1 times. The company achieved revenue of 87.51 billion yuan in the first half of 2026, up 8% year on year; net profit of 17.21 billion yuan, up 39% year on year; earnings per share of 1.734 yuan, up 32% year on year; revenue growth was mainly due to the year-on-year increase in sales prices of aluminum alloy products, the year-on-year increase in sales volume of aluminum alloy deep processing products, and the year-on-year increase in sales prices. The bank believes that at this point, reducing costs and increasing efficiency is the key to competition, and the company is expected to achieve leapfrog growth through deep upstream and downstream empowerment.

The Zhitong Finance App learned that Guosheng Securities released a research report stating that it maintains China's Hongqiao (01378.HK) purchase rating. The bank expects the company to achieve net profit of 353/339/32.2 billion yuan in 2026-2028, corresponding PE of 6.4/6.7/7.1 times. The company achieved revenue of 87.51 billion yuan in the first half of 2026, up 8% year on year; net profit of 17.21 billion yuan, up 39% year on year; earnings per share of 1.734 yuan, up 32% year on year; revenue growth was mainly due to the year-on-year increase in sales prices of aluminum alloy products, the year-on-year increase in sales volume of aluminum alloy deep processing products, and the year-on-year increase in sales prices. The bank believes that at this point, reducing costs and increasing efficiency is the key to competition, and the company is expected to achieve leapfrog growth through deep upstream and downstream empowerment.