大行评级｜摩根大通：中国宏桥股价仍有进一步上升空间 目标价上调至26.5港元
Ge Long Hui·2025-08-20 05:34

Core Viewpoint - Morgan Stanley's report indicates that China Hongqiao currently has a dividend yield of 8%, with a higher ROE compared to peers and record profits, suggesting the company can maintain a premium [1] Group 1 - The stock price of China Hongqiao has further upside potential, especially following the announcement of a new share buyback of no less than 3 billion HKD [1] - The company is expected to benefit from a constructive outlook on aluminum prices and profits due to nearing capacity limits in the second half of the year [1] - Morgan Stanley raised the target price for the company from 17 HKD to 26.5 HKD, maintaining an "overweight" rating [1]