Skip to content
Alpha Edge Investing

Alpha Edge Investing

"Investors operate with limited funds and limited intelligence, they don’t need to know everything. As long as they understand better than others, they have an edge.” – George Soros

  • Home
  • Earnings Updates/ Corporate Actions
  • Research – Equities
  • Research – Fixed Income/ Bonds
  • Research – Unit Trust/ ETF
  • News
  • My Opinions/ Views
  • Others
  • About Me
  • Contact
  • Disclaimer
  • Community and Support Forums
  • Toggle search form

DBS: China Hongqiao Group – Buy Target Price HK$8.50

Posted on November 9, 2022January 30, 2023 By alanyeo No Comments on DBS: China Hongqiao Group – Buy Target Price HK$8.50
3Q22 earnings fell on higher input cost; industry smelting capacity is unchanged

• 3Q22 earnings dropped 36% y-o-y on product GP contraction, in line

• Aluminium capacity utilisation is stable 

• Capacity relocation to Yunnan is progressing well 

• Maintain BUY and lower TP to HK$8.5 after earnings cut 

China-Hongqiao_8-Nov-2022_HK_CU-ResultsDownload

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
Research - Equities Tags:China Hongqiao

Post navigation

Previous Post: DBS: Zijin Mining Group Co Ltd – Buy Target Price HK$12.60
Next Post: DBS: Microsoft Corp – Buy target Price US$276.00

Related Posts

DBS: China Basic Materials Research - Equities
DBS: China Hongqiao Group Ltd – Buy Target Price HK$12.00 Research - Equities
DBS: Regional Metal Research - Equities
DBS: China Hongqiao Group Ltd – BUY TP HK$15.00 Research - Equities
DBS: China Basic Materials – Hongqiao (1378.HK), CHALCO (2600 HK) Research - Equities
DBS: Regional Metal Research - Equities
DBS: China Basic Materials Sector – Opportunities from tighter supply in 1Q22 Research - Equities
KGI: China Hongqiao Group Ltd (1378 HK) – Joining the aluminium rally Research - Equities
China Hongqiao Group: First half 2021 earnings released: EPS CN¥0.90 (vs CN¥0.33 in 1H 2020) Earnings Updates/ Corporate Actions
DBS: China Basic Material Sector Research - Equities

Leave a Reply

You must be logged in to post a comment.

Login

Log In
Register Lost Password
Get new posts by email
Chat on WhatsApp
  • Earnings Updates/ Corporate Actions
  • My Opinions/ Views
  • News
  • Others
  • Research – Equities
  • Research – Fixed Income/ Bonds
  • Research – Unit Trusts/ ETF

Copyright © 2023 Alpha Edge Investing.

Powered by PressBook Grid Blogs theme