Huachuang keeps HKD 31.70 target for China Hongqiao stock
Published on 10/20/2026 at 20:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target October 15, 2026
- Huachuang Securities kept its HKD 31.70 target and Outperform rating on October 15, 2026.
- First-half 2026 net income reached RMB 17.21 billion, up 39.20 percent year over year.
- China Hongqiao stock costs EUR 2.17 at Lang & Schwarz on October 20, 2026 at 8:41 p.m. CEST.
- The company reported HKD 186.2 billion in market capitalization and a 5.89 price-to-earnings ratio.
China Hongqiao Group (ISIN KYG211501005) is facing an HKD 31.70 target from Huachuang Securities, which kept its Outperform rating on October 15, 2026, according to Zhitong Finance. The stock was trading at EUR 2.17 at Lang & Schwarz on October 20, 2026 at 8:41 p.m. CEST.
Profit growth sets the backdrop
China Hongqiao reported RMB 87.506 billion in operating revenue for the first half of 2026, an 8.00 percent increase from the same period of 2025. Net income attributable to shareholders reached RMB 17.210 billion, up 39.20 percent year over year, while basic earnings per share rose 32.00 percent to RMB 1.734, according to Zhitong Finance.
HKEX trading stays volatile
On the Hong Kong Stock Exchange, China Hongqiao was last at HKD 18.96 on October 20, 2026 at 4:08 p.m. HKT, down 3.46 percent from the prior close of HKD 19.64. The 52-week range was HKD 18.18 to HKD 41.36, placing the stock 4.29 percent above its low and 54.16 percent below its high. Trading volume reached 43,886,188 shares.
Target leaves room for debate
Huachuang's HKD 31.70 target stands 67.19 percent above the HKD 18.96 Hong Kong price. The same report forecasts 2026 net income of RMB 33.67 billion, compared with its previous estimate of RMB 32.15 billion, while warning that aluminum and alumina prices and electricity costs could remain volatile. China Hongqiao's investor page describes an integrated aluminum chain with annual production capacity above 6 million tonnes and more than 50,000 employees as of June 30, 2026, according to China Hongqiao.
Comparison with peers
China Hongqiao: down 3.46 percent, P/E 5.89, market capitalization HKD 186.2 billion
Aluminum Corporation of China (HKEX, HKD): down 2.61 percent, P/E 8.72, market capitalization HKD 121.4 billion
Zijin Mining Group (HKEX, HKD): down 3.57 percent, P/E 11.67, market capitalization HKD 819.5 billion
Dates and market position
China Hongqiao's investor page lists the 2026 interim report as the latest named interim publication and identifies the company as a Hong Kong Stock Exchange issuer and Hang Seng Index constituent. The June 30, 2026 balance sheet showed total assets of RMB 241.17 billion, giving investors a second measure of the group's scale alongside its earnings growth.
Price remains below the target
The wide gap between the HKD 18.96 Hong Kong price and the HKD 31.70 analyst target leaves the valuation discussion tied to aluminum pricing, operating costs and execution across the integrated production chain.
The further course of trading is shown by the continuously updated real-time quote of China Hongqiao stock.
China Hongqiao market facts
- Company: China Hongqiao Group Co., Ltd.
- ISIN: KYG211501005
- Ticker: 1378
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 8:41 p.m. CEST): EUR 2.17
- Market capitalization: HKD 186.2 billion (as of October 20, 2026)
- 52-week range: HKD 18.18-41.36 (as of October 20, 2026)
- Sector / Industry: Materials / Aluminum production
- Index membership: Hang Seng Index
Market context: Market report.
