China Hongqiao grows interim profit: what it means for China Hongqiao stock

Published on 10/07/2026 at 05:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit rose 39.20 percent in the first half of 2026. A HKD 206.6 billion market value places China Hongqiao stock on October 7, 2026.

China Hongqiao, KYG211501005, Illustration mit AI erstellt.

China Hongqiao (ISIN KYG211501005) reported RMB 17.21 billion in net profit attributable to shareholders for the six months ended June 30, 2026, up 39.20 percent year over year, according to Futubull on September 28, 2026. The result gives China Hongqiao stock a concrete earnings anchor even as aluminum volumes moved in different directions.

Higher profit, wider margin

Revenue reached RMB 87.51 billion in the first half of 2026, an 8.00 percent increase from the prior-year period, while gross profit rose 32.30 percent to RMB 27.53 billion, Futubull reported. Gross margin expanded from 25.70 percent to 31.50 percent, showing that higher selling prices did more of the earnings work than volume growth.

Basic earnings per share increased 32.00 percent year over year to RMB 1.734 in the same six-month period, according to Futubull. Aluminum alloy product sales volume fell 3.30 percent to 2.811 million tonnes, but deep-processed aluminum alloy sales increased 23.20 percent to 444,000 tonnes.

What the 2026 results mean

The mix matters for investors: China Hongqiao generated stronger profit growth despite lower aluminum alloy volume because average selling prices increased 18.70 percent to RMB 21,192 per tonne in the first half of 2026. Alumina sales volume increased 8.60 percent to 6.917 million tonnes, although its average selling price declined 28.30 percent to RMB 2,327 per tonne, according to Futubull.

Balance-sheet figures also improved. Bank borrowings declined 17.40 percent from the end of 2025 to RMB 35.87 billion, and the gearing ratio fell to 40.50 percent in the first half of 2026. The company said it spent more than HKD 5.2 billion on share buybacks during the period, a capital-allocation detail that adds context to the earnings improvement.

Hong Kong quote and euro reference

China Hongqiao is listed on the Hong Kong Stock Exchange under ticker 1378.HK and belongs to the Hang Seng Index, according to China Hongqiao. Its HKEX quote was HKD 21.04 at 10:56 a.m. HKT on October 7, 2026, down 0.75 percent from HKD 21.20, while market capitalization stood at HKD 206.6 billion.

The Lang & Schwarz prior close for China Hongqiao was EUR 2.39 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of China Hongqiao stock.