Great Wall starts China Hongqiao stock coverage with profit view
Published on 10/25/2026 at 02:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit outlook and trading context
- Great Wall Securities began China Hongqiao coverage on October 20, 2026, with a RMB 35.4 billion 2026 profit forecast.
- First-half 2026 revenue reached RMB 87.51 billion, while net profit attributable to shareholders rose 39.20 percent.
- China Hongqiao had a market capitalization of HKD 186.8 billion as of October 23, 2026.
China Hongqiao (KYG211501005) reported RMB 17.21 billion in net profit attributable to shareholders for the first half of 2026, up 39.20 percent year over year, according to Futunn. Great Wall Securities began coverage on October 20, 2026, and forecast RMB 35.4 billion in full-year 2026 profit.
Three profit milestones
On August 21, 2026, the interim figures showed revenue of RMB 87.51 billion for the first half, an 8.00 percent year-over-year increase, while net profit grew 39.20 percent, Futunn reported.
On September 28, 2026, the company was reported to have repurchased 159.31 million shares for approximately HKD 5.29 billion, with the shares subsequently canceled, according to FilingReader.
On October 20, 2026, Great Wall Securities initiated coverage with a Buy rating and projected attributable profit of RMB 35.4 billion for 2026, RMB 36.9 billion for 2027 and RMB 39.1 billion for 2028, Futunn reported.
What does the forecast mean for earnings?
The forecast places the aluminum producer's first-half result against a full-year profit view. The company said on its investor-relations page that total assets reached RMB 241.17 billion on June 30, 2026, and that annual production capacity exceeded 6 million tonnes. Its portfolio covers bauxite, alumina, primary aluminum and energy operations, according to China Hongqiao.
Reporting date and trading context
The next quarterly results are scheduled for November 20, 2026, according to Tickerlandia. China Hongqiao's HKEX price was HKD 19.02 on October 23, 2026. The market capitalization was HKD 186.8 billion, and the 52-week range was HKD 17.75 to HKD 41.36.
Profit growth meets valuation pressure
The investment case now combines faster profit growth with a share price that remains below its 52-week high. For investors, the key test is whether aluminum pricing and product mix can sustain the earnings profile described by the October 20 forecast.
The China Hongqiao price was HKD 19.02 on HKEX on October 23, 2026, while the 52-week high was HKD 41.36. The further course of trading is shown by the continuously updated real-time quote of China Hongqiao stock.
China Hongqiao stock facts
- Company: China Hongqiao Group Limited
- ISIN: KYG211501005
- Ticker: 01378
- Primary exchange: HKEX
- HKEX price: HKD 19.02 (as of October 23, 2026)
- Market capitalization: HKD 186.8 billion (as of October 23, 2026)
- 52-week range: HKD 17.75-HKD 41.36 (as of October 23, 2026)
- Sector / Industry: Basic Materials / Aluminum
Market context: Latest market reports.
