The Zhitong Finance App learned that Deutsche Bank recently released a research report to resume research covering China Hongqiao (01378.HK), one of the world's largest aluminum groups, and gave it a “buy” rating, with a target price of HK$33. The report points out that although the company's stock price has been dragged down by sentiment in the Asian aluminum sector since this year, fundamentals are facing a significant inflection point in free cash flow (FCF), and the current valuation is already very attractive.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.