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On April 25, CHINAHONGQIAO (01378) spent 4.818 million Hong Kong dollars to repurchase 0.35 million shares.
CHINAHONGQIAO (01378) announced that on April 25, 2025, the company will spend 4.818 million HKD ...
CHINAHONGQIAO (01378.HK) spent 97.7371 million HKD to repurchase 7.274 million shares on April 24.
Gelonghui April 25丨CHINAHONGQIAO (01378.HK) announced that on April 24, 2025, it spent HKD 97.7371 million to repurchase 7.274 million shares, with a repurchase price of HKD 13.22-13.58 per share.
Huaan: Maintains a "Buy" rating on CHINAHONGQIAO (01378) as the strong supply-demand pattern continues, bullish on aluminum price potential.
In 2024, the domestic production of electrolytic Aluminum is 43.46 million tons (up 4.3% year-on-year), and the consumption is 45.18 million tons (up 5.5% year-on-year). The Global economy remains resilient, with the New energy Fund, photovoltaic, power grid, and household appliances contributing to the increase in aluminum usage, and the growth rate of demand exceeds that of supply.
On April 23, CHINAHONGQIAO (01378.HK) spent 8.687 million Hong Kong dollars to repurchase 0.6405 million shares.
Gelonghui reported on April 24 that CHINAHONGQIAO (01378.HK) announced that on April 23, 2025, it spent HKD 8.687 million to repurchase 0.6405 million shares, with a repurchase price of HKD 13.52-13.62 per share.
[Brokerage Focus] Western Securities gives CHINAHONGQIAO (01378) an initial "Buy" rating, indicating that its profitability and growth characteristics both have a significant alpha.
Jinwu Finance News | A research report from Western Securities pointed out that CHINAHONGQIAO (01378) is a pure dividend symbol, and the organization believes that the electrolytic aluminum Industry's capacity is limited and the prosperity is high. In the long run, its scarcity will always exist; the company's integrated stable profit and self-contained electricity reduce costs, and it is relocating to Yunnan in line with the Industry development trend. Both profitability and growth have significant alpha. The organization indicates that the existing electrolytic aluminum capacity is close to the 45 million ton compliance capacity limit, and since Q4 2024, the industry operating rate has exceeded 97%, making it particularly scarce in the entire Industry Chain. In the short term, the electrolytic aluminum demand side is undergoing a transformation of old and new momentum, experienced a pressure from real estate.
A wave of buybacks in Hong Kong stocks, with 172 listed companies repurchasing 53.7 billion, and the buybacks have been continually increasing in recent years.
① A wave of stock buybacks has been sparked in the Hong Kong stock market, with 172 listed companies having implemented buybacks totaling 53.708 billion HKD; ② The main players in Hong Kong stock buybacks remain leading companies in the Internet and financial sectors, but some pharmaceutical and Consumer firms have also increased their buyback efforts.
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