Huachuang keeps HKD 31.70 target for China Hongqiao stock

Published on 10/17/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Assets were RMB 241.17 billion on June 30, 2026. China Hongqiao stock stood at HKD 19.64 on October 16, 2026, up 0.67 percent on HKEX.

Analyst target and valuation

Huachuang Securities maintained an Outperform rating and set an HKD 31.70 target on October 15, 2026.
China Hongqiao reported RMB 241.17 billion in total assets as of June 30, 2026.
China Hongqiao stock last stood at HKD 19.64 at 4:08 p.m. HKT on October 16, 2026, up 0.67 percent on HKEX.
The stock carried a P/E ratio of 6.10 on October 16, 2026.

China Hongqiao, KYG211501005, Illustration mit AI erstellt.

Huachuang Securities maintained its Outperform rating on China Hongqiao and set an HKD 31.70 target in a report dated October 15, 2026, according to Futunn. The target was 61.41 percent above the HKEX price of HKD 19.64 last at 4:08 p.m. HKT on October 16, 2026.

Assets reinforce the operating scale

China Hongqiao said total assets reached RMB 241.17 billion as of June 30, 2026, while its workforce exceeded 50,000. The company operates across bauxite, alumina, primary aluminum and energy, with annual production capacity above 6 million tonnes, according to China Hongqiao.

Price remains above the yearly low

The October 16 HKEX range ran from HKD 18.18 to HKD 19.76, with 93,946,208 shares changing hands against an average volume of 32,069,846 shares. The price therefore finished 8.03 percent above the 52-week low of HKD 18.18 and 52.51 percent below the 52-week high of HKD 41.36.

Huachuang's report also projected attributable net profit of RMB 33.67 billion for 2026, RMB 33.76 billion for 2027 and RMB 35.46 billion for 2028. The corresponding year-over-year growth rates were 48.70 percent, 0.30 percent and 5.10 percent.

Valuation and peer comparison

China Hongqiao carried a P/E ratio of 6.10 and a market capitalization of HKD 192.9 billion on October 16, 2026. The next earnings date was not included in the investor information reviewed here.

Comparison with peers

China Hongqiao: plus 0.67 percent, P/E 6.10, market capitalization HKD 192.9 billion

Aluminum Corporation of China (HKEX, HKD): plus 1.25 percent, P/E 8.69, market capitalization HKD 124.7 billion

Zhaojin Mining Industry (HKEX, HKD): plus 4.48 percent, P/E 15.47, market capitalization HKD 64.4 billion

Trading date and market frame

China Hongqiao's last quoted HKEX price was HKD 19.64 at 4:08 p.m. HKT on October 16, 2026, up 0.67 percent from the prior HKEX close. The 6.10 P/E ratio was below the 8.69 ratio of Aluminum Corporation of China and the 15.47 ratio of Zhaojin Mining Industry.