Group 1 - China Hongqiao's stock price rose by 6.86% to HKD 26.8, reaching a historical high, with a year-to-date increase of 149.53% and a market capitalization of HKD 256.5 billion [1] - The company announced a share buyback plan, spending HKD 2.4636 million to repurchase 100,500 shares at a price range of HKD 24.2 to 24.8 per share [1] - Jefferies highlighted that the mid-term performance is strong, with HKD 2.6 billion already repurchased in the first half of 2025 and plans for at least HKD 3 billion in stock buybacks, alongside an annual dividend yield exceeding 60% [1] Group 2 - Morgan Stanley indicated that there is over an 80% chance of China Hongqiao's stock price increasing in the next 30 days [1] - The potential interest rate cuts hinted by Federal Reserve Chairman Jerome Powell could benefit commodity prices, and the upcoming end of the consumption off-season is expected to support aluminum prices, which is favorable for China Hongqiao [1] - The announced stock buyback is anticipated to drive the stock price up in the short term [1]
港股异动｜中国宏桥涨近7%创历史新高 年内累涨1.5倍 市值突破2500亿！