HSBC: Profit in the fourth quarter will continue to grow, raising the target price of China Hongqiao (01378.HK) to 37.4 Hong Kong dollars.

According to the Securities Times app, HSBC released a research report stating that due to higher aluminum prices and strict cost control, it is expected that China Hongqiao (01378.HK) will achieve further profit growth in the fourth quarter of 2025. The bank maintains its "buy" rating and raises its target price to HK$37.4.