China Hongqiao Balance Sheet May Turn Net Cash in 2026 -- Market Talk

Dow Jones03-24

0059 GMT - China Hongqiao could turn net cash in 2026 as earnings accelerate on higher aluminum prices amid tight global supply, CMB International analyst Wayne Fung said. He adds the company will benefit from Middle East supply disruptions and slow new capacity in Indonesia. CMB estimates each 1% rise in aluminum prices could lift 2026 earnings by 2%-3%, and maintains a buy rating with a HK$45 target price. (venkat.pr@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 20:59 ET (00:59 GMT)

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He adds the company will benefit from Middle East supply disruptions and slow new capacity in Indonesia. CMB estimates each 1% rise in aluminum prices could lift 2026 earnings by 2%-3%, and maintains a buy rating with a HK$45 target price. (venkat.pr@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 20:59 ET (00:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0307460666.USD","symbol_name":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621036930","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621036930","pubTimestamp":1774313940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0059 GMT - China Hongqiao could turn net cash in 2026 as earnings accelerate on higher aluminum prices amid tight global supply, CMB International analyst Wayne Fung said. He adds the company will benefit from Middle East supply disruptions and slow new capacity in Indonesia. CMB estimates each 1% rise in aluminum prices could lift 2026 earnings by 2%-3%, and maintains a buy rating with a HK$45 target price. 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He adds the company will benefit from Middle East supply disruptions and slow new capacity in Indonesia. CMB estimates each 1% rise in aluminum prices could lift 2026 earnings by 2%-3%, and maintains a buy rating with a HK$45 target price. (venkat.pr@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 23, 2026 20:59 ET (00:59 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621036930","isCrawlerRequest":true}