1378.HK - China Hongqiao Group Limited

HKSE - HKSE Delayed Price. Currency in HKD
5.380
+0.080 (+1.51%)
At close: 4:08PM HKT
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Previous Close5.300
Open5.300
Bid5.320 x 0
Ask5.380 x 0
Day's Range5.260 - 5.480
52 Week Range4.080 - 7.000
Volume3,306,800
Avg. Volume5,553,205
Market Cap46.111B
Beta (3Y Monthly)1.25
PE Ratio (TTM)7.60
EPS (TTM)0.708
Earnings DateAug 26, 2019 - Aug 30, 2019
Forward Dividend & Yield0.24 (4.46%)
Ex-Dividend Date2019-06-05
1y Target Est7.26
  • Reuters

    China Hongqiao slashes 2019 aluminium output guidance; H1 profits surge

    China Hongqiao Group, the world's biggest aluminium producer, on Friday slashed its 2019 production guidance by up to 300,000 tonnes, or almost 5%, after recent flooding on its premises, as it posted a sharp rise in first-half profits. "According to the preliminary assessment ... it was estimated that the group's production volume of aluminium products for 2019 will decrease by 200 to 300 thousand tonnes as a result," it said in a filing to the Hong Kong stock exchange, noting that further assessment was required. Shanghai aluminium prices struggled to move away from two-year lows in the first half of 2019 but hit a nearly 10-month high this week after a smelter shut down 500,000 tonnes of annual production in Xinjiang and investors worried about the impact of flooding in Shandong.

  • Moody's

    China Hongqiao Group Limited -- Moody's assigns B2 to Hongqiao's new senior unsecured notes

    Moody's has assigned a B2 senior unsecured rating to the proposed USD notes to be issued by China Hongqiao Group Limited (B1 positive). The bond rating reflects Moody's expectation that Hongqiao will complete the bond issuance upon satisfactory terms and conditions, including proper registrations with the National Development and Reform Commission and the State Administration of Foreign Exchange in China (A1 stable). "The proposed issuance will not impact Hongqiao's B1 corporate family rating or positive outlook, as most of the proceeds will be used to refinance existing debt while the issuance will also improve its debt maturity profile," says Roy Zhang, a Moody's Assistant Vice President and Analyst, and also Moody's Lead Analyst for Hongqiao.

  • Moody's

    China Hongqiao Group Limited -- Moody's announces completion of a periodic review of ratings of China Hongqiao Group Limited

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of China Hongqiao Group Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Reuters

    BRIEF-China Hongqiao Group Says Repurchased 8.4 Mln Ordinary Shares Of Co

    March 26 (Reuters) - China Hongqiao Group Ltd: * REPURCHASED 8.4 MILLION ORDINARY SHARES OF CO AT HIGHEST AND LOWEST PRICES OF HK$5.71 AND HK$5.62 PER SHARE RESPECTIVELY Source text for Eikon: Further ...

  • Reuters

    BRIEF-China Hongqiao Group Posts FY Net Profit Attributable RMB5.41 Bln

    March 22 (Reuters) - China Hongqiao Group Ltd: * PROPOSED FINAL DIVIDEND OF HK24.0 CENTS PER SHARE * FY NET PROFIT ATTRIBUTABLE INCREASED BY ABOUT 5.4% TO ABOUT RMB5.41 BILLION * FY REVENUE RMB90.19 BILLION, ...

  • Read This Before Selling China Hongqiao Group Limited (HKG:1378) Shares
    Simply Wall St.

    Read This Before Selling China Hongqiao Group Limited (HKG:1378) Shares

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! We often see insiders buying up sharesRead More...

  • Reuters

    BRIEF-China Hongqiao Announces On Industrial Waste Service, Production Water Supply Agreements

    Jan 31 (Reuters) - China Hongqiao Group Ltd: * BEIHAI SOLID WASTE WILL PROVIDE INDUSTRIAL WASTE COLLECTION, TRANSPORT, STORAGE AND DISPOSAL SERVICES TO CO AND ITS UNITS * WEIQIAO CHUANGYE GROUP WILL SUPPLY ...

  • Read This Before You Buy China Hongqiao Group Limited (HKG:1378) Because Of Its P/E Ratio
    Simply Wall St.

    Read This Before You Buy China Hongqiao Group Limited (HKG:1378) Because Of Its P/E Ratio

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it practical, we'll show how China Hongqiao Group Limited's Read More...

  • Moody's

    China Hongqiao Group Limited -- Moody's changes outlook on China Hongqiao Group's B1 rating to positive

    Moody's Investors Service has changed to positive from stable the outlook on China Hongqiao Group Limited. "The positive outlook reflects Hongqiao's increased capacity to reduce its debt, supported by positive free cash flow generation and improving liquidity," says Roy Zhang, a Moody's Associate Vice President and Analyst. "The company successfully managed through a major capacity cut of 2.68 million tons in 2017, which did not affect its capital structure," adds Zhang, who is also Moody's Lead Analyst for Hongqiao.

  • Reuters

    BRIEF-China Hongqiao Announces Regarding On-Market Share Repurchase

    Jan 14 (Reuters) - China Hongqiao Group Ltd: * PURCHASED 620,000 SHARES OF CO AT HIGHEST AND LOWEST PRICES OF HK$4.80 AND HK$4.79 PER SHARE RESPECTIVELY FOR AGGREGATE OF HK$3 MILLION Source text for Eikon: ...

  • Why Fundamental Investors Might Love China Hongqiao Group Limited (HKG:1378)
    Simply Wall St.

    Why Fundamental Investors Might Love China Hongqiao Group Limited (HKG:1378)

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...

  • Exclusive: Russia's Deripaska prepares to cede control of Rusal, En+ - sources
    Reuters

    Exclusive: Russia's Deripaska prepares to cede control of Rusal, En+ - sources

    LONDON/MOSCOW (Reuters) - Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ (ENPLq.L), moving part of his En+ stake to a blind trust, as talks with the United States on lifting sanctions advance, three sources familiar with the talks said. The U.S. Treasury imposed sanctions on Deripaska, aluminium giant Rusal, En+ and other companies in which he owns stakes, citing "malign activities" by Russia, prompting turmoil in global aluminium markets.

  • Reuters

    BRIEF-China Hongqiao Group And Citic Trust Enter Agreement

    Dec 3 (Reuters) - China Hongqiao Group Ltd: * CO AND CITIC TRUST ENTERED INTO INVESTMENT AND WEALTH MANAGEMENT COOPERATION FRAMEWORK AGREEMENT Source text for Eikon: Further company coverage:

  • Is China Hongqiao Group Limited’s (HKG:1378) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.

    Is China Hongqiao Group Limited’s (HKG:1378) Balance Sheet Strong Enough To Weather A Storm?

    Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as China Hongqiao Group Limited (HKG:1378), with a market cap of HK$43b, often Read More...

  • Reuters

    U.S. postpones sanctions deadline on Russian tycoon's firms

    The United States on Friday said it was postponing the enforcement of sanctions on Russian companies EN+ (ENPLq.L ), Rusal and Gaz PAO for nearly four weeks as their top shareholder works on a plan to cut his stakes. The U.S. Treasury Department had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a statement that the deadline had been moved to Jan. 7, 2019. “EN+, RUSAL, and GAZ are proposing substantial corporate governance changes that could potentially result in significant changes in control of these sanctioned entities," Treasury said in a statement explaining why the deadline was postponed.

  • Simply Wall St.

    Should China Hongqiao Group Limited (HKG:1378) Be Part Of Your Dividend Portfolio?

    A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, China Hongqiao Group Limited (HKG:1378) has Read More...

  • Reuters

    BRIEF-China Hongqiao Group Says China Hongqiao Holdings Buys 58.2 Mln Shares Of Co

    Oct 26 (Reuters) - China Hongqiao Group Ltd: * CHINA HONGQIAO HOLDINGS BUYS 58.2 MILLION SHARES OF CO FROM OCT 15 TO OCT 26 AT AVERAGE PRICE OF ABOUT HK$5.54 PER SHARE * FOLLOWING INCREASE OF SHAREHOLDING, ...

  • Reuters

    Guinea's bauxite boom upending rural communities - HRW

    As mining companies in Guinea ramp up bauxite production, they are upending rural communities and undermining air and water quality while government authorities fail to rein in abuses, Human Rights Watch (HRW) said in a report on Thursday. Despite the growth in economic activity however, Guinea's bauxite mining heartland has been racked by unrest in recent years, fuelled by the frustrations of the local population. "The widespread perception among residents of mining-affected communities ... is that they have been abandoned by the state to resolve problems with mining companies on their own," the report stated.

  • Simply Wall St.

    The China Hongqiao Group Limited (HKG:1378) Ownership Structure Could Be Important

    Every investor in China Hongqiao Group Limited (HKG:1378) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it’s not unusual to Read More...

  • Reuters

    BRIEF-China Hongqiao Group Announces Share Buy Back

    Sept 14 (Reuters) - China Hongqiao Group Ltd: * COMPANY PURCHASED 19.6 MILLION ORDINARY SHARES OF CO AT HIGHEST AND LOWEST PRICES OF HK$6.10 AND HK$5.75 PER SHARE RESPECTIVELY Source text for Eikon: Further ...

  • Reuters

    China Stocks-Factors to watch on Friday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +1.2 pct, CSI300 +1.1 pct, HSI +2.5 pct * HK- Shanghai Connect daily quota used 4.3 pct * HK- Shenzhen Connect daily quota used 1.3 pct, Shenzhen- HK daily ...

  • Reuters

    BRIEF-China Hongqiao Announces Share Repurchase

    Sept 12 (Reuters) - China Hongqiao Group Ltd: * COMPANY PURCHASED 10.5 MILLION ORDINARY SHARES OF COMPANY AT HIGHEST AND LOWEST PRICES OF HK$6.80 AND HK$6.72 PER SHARE RESPECTIVELY * AGGREGATE PURCHASE ...

  • Reuters

    BRIEF-China Hongqiao Group Purchases 10 Mln Ordinary Shares Of Co

    Sept 11 (Reuters) - China Hongqiao Group Ltd: * COMPANY PURCHASED 10 MILLION ORDINARY SHARES OF CO AT HIGHEST AND LOWEST PRICES OF HK$6.80 AND HK$6.74 PER SHARE RESPECTIVELY Source text for Eikon: Further ...

  • Reuters

    BRIEF-China Hongqiao Group Announces Share Repurchase

    Sept 10 (Reuters) - China Hongqiao Group Ltd: * CO PURCHASED 6.4 MILLION ORDINARY SHARES OF CO AT HIGHEST AND LOWEST PRICES OF HK$6.87 AND HK$6.75 PER SHARE RESPECTIVELY Source text for Eikon: Further ...

  • Reuters

    BRIEF-China Hongqiao Group Says Purchased 3.6 Mln Ordinary Shares Of Co

    Sept 7 (Reuters) - China Hongqiao Group Ltd: * PURCHASED 3.6 MILLION ORDINARY SHARES OF COMPANY AT HIGHEST AND LOWEST PRICES OF HK$6.87 AND HK$6.83 PER SHARE RESPECTIVELY Source text for Eikon: Further ...